Fox host warns Trump will pay for his 'breathtaking' corruption

On Friday, Fox News host and political analyst Brit Hume offered a prediction that President Donald Trump is unlikely to appreciate. If the Democrats come out ahead in the midterms, the chief executive could find himself paying big for his "breathtaking" crypto corruption. Hume's forecast comes in the wake of the president's 2025 financial disclosures earlier in the week, which revealed that his family raked in a shocking $1 billion from its cryptocurrency ventures while Daddy Trump regulated the market. As Mediate explains, "The filing reported roughly $500 million in income from World Liberty Financial, the crypto company founded with his sons Eric Trump, Donald Trump Jr., and Barron Trump, along with approximately $635 million from sales of the $TRUMP meme coin through CIC Digital LLC. The disclosure also detailed hundreds of millions of dollars in income from Trump’s real estate holdings and millions more from licensing deals and other business ventures. The president made more than $2 billion overall."Another Fox News host, John Roberts, called the numbers "eye-popping," prompting Hume to respond, "It is, John, and I think the right word for this is unseemly, for a president to profit while in office.”He continued, "Now, it’s not fair to say that he profited from the office, although, you know, that’s surely gonna be subject to investigation — particularly if the Democrats get control of one or both branches of Congress. But, if you wanted seemliness in the White House, Donald Trump was not your man, and if you wanted a guy that wasn’t very rich in the White House, he wasn’t your man for that either. The fact is that he’s a very rich guy, and when you hold the kind of holdings he has, you do get richer. This amount from crypto seems breathtaking, but as the point was made by you and [Treasury Secretary] Scott Bessent, not illegal. So, the people that don’t like Trump won’t like this. The people that do like Trump won’t care very much, in my judgement."Hume is only partly true in regards to that last assertion. While much of MAGA has remained loyal to the president regardless of his financial improprieties, he's had pushback from some high-profile supporters. The New York Post, for example, which is typically complimentary toward Trump, declared that a recent story involving his sons' profiting off a Kazakhstan mining deal their father struck "stinks to high heaven." According to the Post, "The Lutnick [sons of Treasury Secretary Howard Lutnick] and Trump boys have been sloshing around in the muck since their dads came to power 18 months ago. They’ve profited handsomely from cryptocurrency deals while the government their fathers control were setting crypto policy.”

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Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

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