Pulitzer Prize–winning reporter and dean of Trumpologists David Cay
Johnston reveals years of eye-popping financial misdeeds by Donald Trump
and his family.
While the world watched Donald Trump’s
presidency in horror or delight, few noticed that his lifelong grifting
quietly continued. Less than forty minutes after taking the oath of
office, Trump began turning the White House into a money machine for
himself, his family, and his courtiers.
More than $1.7 billion
flowed into Donald Trump’s bank accounts during his four years as
president. Foreign governments rented out whole floors of his hotel five
blocks from the White House while lobbyists conducted business in the
hotel’s restaurants. Payday lenders and other trade groups moved their
annual conventions to Trump golf resorts. And individual favor seekers
joined his private Mar-a-Lago club with its $200,000 admission fee in
hopes of getting a few minutes with the President. Despite earning more
than $1 million every day he was in office, Trump left the White House
as he arrived—hard up for cash. More than $400 million in debt comes due
by 2024, and Trump still lacks the resources to pay it back.
The Big Cheat
takes you on a guided tour of how money flowed in and out of Trump’s
hundreds of enterprises, showing in simple terms how his family and
courtiers used his presidency to enrich themselves, even putting
national security at risk. Johnston details the four most recent years
of the corruption that has defined the Trump family since 1885 and
reveals the costs of Trump’s extravagant lifestyle for American
taxpayers.
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