The President's net worth has nearly tripled since he took office, rising to around $6.5 billion from $2.4 billion.
The increase in the President's wealth came largely from his investments in cryptocurrency, including a memecoin and a family firm called World Liberty Financial, which received a $500 million investment from an Abu Dhabi fund days before his inauguration.
The President's sons also made significant profits from their cryptocurrency ventures, with Reuters estimating that they made at least $2.3 billion, while ordinary investors lost almost the same amount.
The President's enrichment has been a result of his unique position, which allows him to make decisions that benefit his own wealth, while others in the federal government are required to declare interests or excuse themselves from conflicts of interest.
The President has also been exempt from the tradition of placing his wealth in a blind trust, a practice followed by previous presidents to avoid the perception of self-enrichment.
The President's actions have set a dangerous precedent, showing that the rules of public service can be bent or broken for personal gain.
When the President leaves office, it is not enough to simply forget the issue and move on; instead, laws must be passed to prevent future presidents from profiting from their office.
The job of restoring decency and norms in the presidency is not just about being decent, but about making it impossible for a president to cash in on their office in the future.
The Supreme Court's decision to grant presidents sweeping immunity has made it difficult to hold the President accountable, but it is essential to hold onto the determination to prevent future presidents from engaging in similar behavior.
