Snapshot · The MeidasTouch Podcast
Governor Shapiro noted Trump has made $2 billion during his presidency, including from crypto schemes and Mar-a-Lago, while investors in those schemes lose equivalent amounts.
Where this was said
At 15:21 · chapter starts 13:56
Meiselas walks through the numbers in Trump's latest financial disclosure: over 900 pages, more than 80 stock trades a day, often involving companies Trump's administration interacts with. The pattern in his crypto ventures is consistent — Trump makes $2 billion, his investors lose $2 billion. It's a zero-sum, K-shaped scheme. Shapiro picks up the thread with characteristic precision: this isn't just about the dollars Trump pockets. When a president is focused on self-enrichment, he picks winners and losers based on what benefits him, not America. That distortion of policy has a real, downstream cost for every citizen. And the problem is compounded, Shapiro argues, because the Supreme Court's immunity ruling means Trump can do this with impunity.
While Trump has pocketed roughly $2 billion since taking office through crypto schemes and Mar-a-Lago, the investors in those schemes have lost equivalent amounts. It's a zero-sum meme-coin game — one winner, millions of losers.
Ben Meiselas noted Trump's latest financial disclosure runs over 900 pages and shows more than 80 stock trades a day, often involving companies he interacts with regularly.
When a president is laser-focused on personal enrichment, policy stops serving the people. Trump picks winners based on what benefits his family, not the country — and that distortion has a direct, measurable cost to every American.
The Supreme Court's presidential immunity decision is one of the worst rulings in the past century, according to Shapiro. It has handed Trump a blank check to self-enrich from the Oval Office with no legal consequence — and Shapiro says a 28th Amendment may be the only fix.
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