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Loot first: Donald Trump’s transactional presidency

By Eric December 5, 2025

In this week’s episode of our podcast dedicated to exploring democracy in America, we delve into the intricate relationship between President Donald Trump’s business ventures and his administration’s governance. The discussion centers around the ongoing concerns regarding conflicts of interest and the implications of a sitting president managing a vast business empire while simultaneously running the country. This dual role raises significant questions about accountability, transparency, and the integrity of democratic institutions.

Throughout the episode, we highlight specific instances where Trump’s business interests intersect with his presidential duties. For example, listeners will learn about how certain policy decisions have seemingly favored Trump’s businesses, such as tax cuts that could benefit his real estate holdings and the promotion of events at his properties, which have drawn criticism for blurring the lines between public service and private profit. We also examine the legal frameworks in place that are supposed to prevent such conflicts, including the Emoluments Clause, and discuss how these laws have been challenged and interpreted during Trump’s presidency.

Moreover, the podcast features insights from experts in political ethics and constitutional law, who provide context on the historical precedents for such situations. They analyze the potential long-term effects on American democracy if the norms surrounding the separation of business and state continue to erode. As we explore these themes, we invite our audience to reflect on the broader implications for the future of democratic governance in the United States, encouraging a conversation about the importance of maintaining ethical standards in leadership. Tune in to gain a deeper understanding of how the interplay between business and politics shapes the fabric of American democracy.

https://www.youtube.com/watch?v=5IPZ-ZNoVuI

Our weekly podcast on democracy in America. This week, how President Trump runs the nation’s business alongside his own.

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