{"id":2541,"date":"2026-07-01T07:07:27","date_gmt":"2026-07-01T07:07:27","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=2541"},"modified":"2026-07-01T07:07:27","modified_gmt":"2026-07-01T07:07:27","slug":"fuming-trump-ex-lawyer-warns-white-house-grift-is-on-and-its-stunning","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=2541","title":{"rendered":"Fuming Trump ex-lawyer warns White House ‘grift is on and it\u2019s stunning’"},"content":{"rendered":"
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President Donald Trump\u2019s former lawyer told CNN on Tuesday that the Republican leader is grifting the American people \u2014 and it\u2019s stunning.<\/p>\n

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Ty Cobb, who worked for Trump during his first term, described Trump in this way to CNN host Erin Burnett after she described how the president has earned anywhere from $1 billion to more than $2 billion in his cryptocurrency ventures since resuming office last year.<\/p>\n

\u201cThis isn’t a cumulative number \u2014 it’s in one year,\u201d Cobb told Burnett. \u201cThis is an industry he has actively promoted and supported, and \u2014 on policy, executive orders related to it \u2014 is it legal? I don’t believe so, and certainly I don’t think it was contemplated by the Founders when they created the Emoluments Clause.\u201d<\/p>\n

After criticizing Trump for making several hundred million dollars off of commemorative coins that include his likeness, Cobb described the cryptocurrency market as \u201ca slimy industry,\u201d adding that \u201cwhere he creates policies that can only enrich himself and his family, is something that I think the average American should be staggered by.\u201d He similarly denounced the $1.8 billion slush fund that Trump created with acting attorney general Todd Blanche, describing the overall profiteering by the Trump family as \u201cthe greatest onslaught of corruption in the history of mankind in the last 18 months\u201d and concluding that \u201cthe grift is on. It’s stunning.\u201d<\/p>\n

Burnett then asked Cobb about reports that the Trump sons used their government connections to close a $1.6 billion deal for tungsten in Kazakhstan.<\/p>\n

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\u201cIt is the shame of the nation, and people should be paying attention,\u201d Cobb said. \u201cLook back at the Iran war \u2014 it shouldn’t have been started, but once it was started, what did we learn? We learned that the Trump sons have a drone company and have become a huge government contractor. Then you hear this Kazakhstan deal announced \u2014 it was announced in November of 2025, when the $1.6 billion in financing was disclosed. What we didn’t know was that the Trump sons, just a few weeks earlier \u2014 actually just days before the deal was announced \u2014 had acquired an interest in a company that has a substantial portion of that deal. And they’ve only gotten closer, corporately, with the people involved in that deal.\u201d<\/p>\n

He concluded, \u201cSo we see the 14 companies you were talking about that the Trump sons or the Lutnick sons have an interest in. The amount of guaranteed financing from the United States government for those 14 companies pursuing those deals: $9 billion. So yes, people should pay attention. It is staggering.\u201d<\/p>\n

Despite initially working for Trump, Cobb has since emerged as one of his most outspoken critics, even describing him as a \u201cmadman\u201d who imperils democracy and urging for the 25th Amendment to be invoked so he can removed from power on the grounds of lack of mental fitness.<\/p>\n

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