How Much Is Trump Profiting Off the Presidency? | Hacker News Reader

How Much Is Trump Profiting Off the Presidency?

newyorker.com

83 pointsgizzlon22 comments

It’s hard to know because there can be many ways to make money indirectly or in time delayed ways. Who knows how much his friends and family are profiting. Each time there is some wild swing one way and then the other on tariffs, I am pretty sure someone is making a lot of money off that. Meanwhile the rest of us are taken for a ride of uncertainty.

Did you read the article? The whole thing is about how to actually calculate it, while being conservative through uncertainties. The answer: $3.4 billion.

heh, this disappeared from the front. Guess it's "too political" to talk about how the president is enriching himself and his family?

shrugs

Agreed

After 4 years of pretending that Hunter Biden was an expert on the gas industry and not peddling influence and access, what authority is retained to comment on these matters?

10 for the big guy.

Per the site guidelines, it sure feels like "off topic for HN" to me.

> Off-Topic: Most stories about politics, or crime, or sports, or celebrities, unless they're evidence of some interesting new phenomenon.

Guess I'd argue the the president of the United States taking bribes falls under the "interesting new phenomenon". Maybe people will say it's not new (?), but this level and this blatant certainly is. Not interesting? Well, people can disagree, but I think it is.

That argument can be made for lots of posts that never come close to being flagged. Hulk Hogans death as just one instance but there's hourly examples.

Not everyone, but lot of those flagging like/voted for Trump but don't want peers sneering at him (and them). Embarrassment is a powerful motivator.

https://archive.ph/drmM0

Bessent said tariffs are being paid at the dock:

"SCOTT BESSENT, TREASURY SECRETARY: Well, the check is written to the person who receives it at the dock in the US"

https://transcripts.cnn.com/show/ip/date/2025-08-07/segment/...

Yeah ...

How can this be reliable, audited, and free from corruption? Anyone associated with this Admin is getting a cut either straight up (which we won't know until the full four years are over since they won't allow investigation), or discounts. They've already made AMD and NVIDIA give a cut of sales (which is crazy). It's all just too much money for them not to be thieving.

> They've already made AMD and NVIDIA give a cut of sales (which is crazy).

Imagine if you as an individual had to pay 15% of your income to the government!

Oh, you already pay much more than that and you want to pay only 15%?

It smells like racketeering.

TLDR; "Running total: $3.4 billion"

https://dd7hi9rzn9wx17.archive.ph/drmM0/1165634a2f850012d4ed...

Cue some rambling about the Biden crime family when he hears about this article

In fairness, the “10% for the Big Guy” issue should be explained.

What's that fairness issue?

The piece might have broadened the scope a bit to remind people of Hunter Bidens escapades, I.e. the $500k no show Ukrainian gas job. Without such information it seems like personal enrichment is something new.

Why? This article is about Trump, the current president. Why drag in an ex-president's son?

I'd never heard this particular line. So had to look it up. According to the Wikipedia entry, assuming this happened at all, it:

1. Happened in 2017, when Joe Biden was a private citizen

2. Was rejected with "an emphatic no" by "the Chairman" (Joe Biden)

https://en.wikipedia.org/wiki/Hunter_Biden_laptop_controvers...

Why then would the Big Guy have been paid?

Why was Hunter paid $500k yearly by a Ukrainian gas company, despite not speaking Ukrainian and having no expertise in the field?

It seems where there is smoke, there’s fire, no?

What about what about what about

What about nick RickJWagner posting on HN?

Reply on news.ycombinator.com