{"id":4854,"date":"2026-08-16T18:38:04","date_gmt":"2026-08-16T18:38:04","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=4854"},"modified":"2026-08-16T18:38:04","modified_gmt":"2026-08-16T18:38:04","slug":"conservatives-tear-into-trump-crime-family-over-destructive-new-grift","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=4854","title":{"rendered":"Conservatives tear into &#8216;Trump crime family&#8217; over destructive new grift"},"content":{"rendered":"<div>\n<p>President Donald Trump\u2019s latest effort to seemingly profit off of his office is, according to some online conservative commenters, not merely unethical \u2014 it could seriously harm the US economy.<\/p>\n<p>Read more <a href=\"https:\/\/nextaddressamerica.com\/?p=4852\">Trump biographer exposes the \u2018fixations\u2019 he\u2019s hopelessly obsessed with<\/a><\/p>\n<p>\u201cThe most corrupt family in American history,\u201d former Rep. Joe Walsh (R-IL) wrote on X on Sunday. He cited a recent Wall Street Journal report on how a Trump appointee smoothed the path for his family-owned cryptocurrency firm to become an official bank. \u201cAnd they can be so openly, so obscenely, corrupt because we don\u2019t have a Congress, and because way too many Americans just don\u2019t care. What a damn shame.\u201d<\/p>\n<p>Another conservative, The Bulwark founder Sarah Longwell, posted on X that this demonstrates how they are \u201cthe Trump crime family.\u201d<\/p>\n<p>The pair of conservatives were referring to a recent report by The Wall Street Journal&#8217;s Vicky Ge Huang on how the Trump-controlled government body the Office of the Comptroller of the Currency granted preliminary conditional approval to turn World Liberty Financial into a bank.<\/p>\n<p>\u201cUpon final approval, World Liberty Trust will operate as a federally chartered national trust bank,\u201d Huang wrote. \u201cThe charter will allow World Liberty to issue, redeem and safeguard USD1, the dollar-backed stablecoin that World Liberty launched last year. The stablecoin, whose reserves are currently custodied with BitGo, has a market value of about $4 billion.\u201d<\/p>\n<p>Because Trump has already profited immensely from cryptocurrency since starting his second term, the timing of the announcement exacerbates the prevailing impression that he operates with no regard for his myriad conflicts of interest.<\/p>\n<p>Read more <a href=\"https:\/\/nextaddressamerica.com\/?p=4850\">Trump\u2019s rise and fall eerily predicted in 1941 film<\/a><\/p>\n<p>\u201cThe approval comes as President Trump\u2019s $1.4 billion earnings from his memecoin and crypto ventures have become the biggest roadblock for passing a landmark bill that would create a comprehensive regulatory framework for digital assets,\u201d Huang explained. \u201cThe Clarity Act has stalled, driven in part by disagreements over ethics language that would prohibit government officials from profiting off digital assets. The bill is scheduled for a procedural vote on Sept. 15.\u201d <\/p>\n<p>The journalist added, \u201cPresident Trump and his two sons helped launch World Liberty in late 2024 as a decentralized finance, or DeFi, project that would offer borrowing, lending and trading services. Those features still haven\u2019t become available, but World Liberty now offers borrowing and lending through a partnership with Dolomite.\u201d<\/p>\n<p>Huang continued, \u201cThe crypto empire has created a huge chunk of his family\u2019s recent windfalls. In 2025, he earned more than $500 million in proceeds from selling World Liberty\u2019s token, WLFI, and an additional $263 million connected to the sale of equity in World Liberty to a group of investors led by Sheikh Tahnoon bin Zayed al Nahyan, a United Arab Emirates royal.\u201d<\/p>\n<p>Conservatives are not alone in denouncing Trump\u2019s new band. Left-wing commentator Hasan Piker posted on X that \u201ceven [Turkish dictator Recep] Erdo\u011fan and [Russian dictator Vladimir] Putin have to hide their corruption,\u201d while Trump and his family \u201care doing it out in the open and there are still cattle that think he\u2019s the second coming<\/p>\n<p>Read more <a href=\"https:\/\/nextaddressamerica.com\/?p=4848\">Trump is actually \u2018the most pro-crime\u2019 president in history \u2014 for some<\/a><\/p>\n<p>More succinctly, Mother Jones journalist David Corn wrote that \u201csuckers await.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump\u2019s latest effort to seemingly profit off of his office is, according to some online conservative commenters, not merely unethical \u2014 it could seriously harm the US economy.\u201cThe most corrupt family in American history,\u201d former Rep. Joe Walsh (R-IL) wrote on X on Sunday. He cited &#8230;<\/p>\n","protected":false},"author":1,"featured_media":4853,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Conservatives tear into &#039;Trump crime family&#039; over destructive new grift - Next Address America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextaddressamerica.com\/?p=4854\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conservatives tear into &#039;Trump crime family&#039; over destructive new grift - Next Address America\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump\u2019s latest effort to seemingly profit off of his office is, according to some online conservative commenters, not merely unethical \u2014 it could seriously harm the US economy.\u201cThe most corrupt family in American history,\u201d former Rep. 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