President-elect Donald Trump is using a photo of him “So beautiful“weekend chat with the First Lady Jill Biden eagle a line of perfumes so attractive that even “your enemies cannot resist” them. That slogan — plastered on a photo of Trump and Biden speaking at the opening of Notre Dame — appeared on Trump’s Truth Social account on Sunday, along with a note that the perfume was worth $200 Would make a “great” Christmas gift. “I named them ‘Fight, Fight, Fight’ because they symbolize victory,” Mr. Trump said at a press conference. a promotional video for scents.
This is hardly the first—or most difficult—time that Trump has used his office to peddle branded merchandise, which has netted him millions of dollars. His Official store also sells Trump-branded candles, coffee, pickleball rackets, champagne flutes and golf balls; according to to ABC NewsThe president-elect has earned more than $5 million just from selling Trump-branded books and Bibles. “It’s profiteering season,” said a former White House ethics lawyer told NBC News. Civilian watchdogs don’t even know who benefits from these deals or how they might affect Trump, because both the deals and the companies they involve are often owned by private.
In addition to the book licensing deal Trump signed through a company called CIC Ventures, the president-elect has also achieved more than $7 million in NFT revenue through a separate licensing vehicle called CIC Digital . It’s unclear how much money he made from selling additional merchandise, including watches, sneakers and guitars. In late November, guitar maker Gibson sent out Trump Guitars stop orderclaims that the president-elect’s new “Make America Great Again” line of guitars copied Gibson’s design. Manufacturer has since pulling Some of that instrument and the disclaimer about its lack of connection to Gibson now appear on every page of Trump Guitars website.
But that is arguably the least of Trump’s business conflicts as he returns to the Oval Office. In addition to the real estate holdings and licensing deals he brought in during his first term, the president-elect is now interested in a cryptocurrency venture called World Liberty Financial and Trump Media and Technology Group, The company owns Truth Social. IN an interview on Sunday with Meet the pressTrump would not commit to divesting from TMTG, and a spokesman also declined to specify how the president would handle his growing conflicts of interest. “President Trump withdrew himself from his multi-billion dollar real estate empire to run for office” Karoline LevittTrump’s incoming press secretary, said — in an apparent reference to the fact that Trump has placed many of his assets in a revocable trust, allowing him to profit from his businesses. yourself while avoiding their daily activities.
But ethics experts and watchdog groups have long argued that the structure of that trust fails to protect Trump, who is arguably valuable. 5.5 billion USD– from the entanglement of his private property.
