The Big Cheat

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Pulitzer Prize-winning reporter David Cay Johnston uncovers years of financial misdeeds by Donald Trump and his family. While many focused on Trump's presidency, his lifelong grifting continued unabated. Just 40 minutes after his inauguration, Trump began transforming the White House into a personal money-making venture. During his presidency, over $1.7 billion flowed into his accounts, with foreign governments renting entire floors of his hotel near the White House and lobbyists conducting business in its restaurants. Trade groups, including payday lenders, shifted their conventions to Trump golf resorts, while individuals joined his exclusive Mar-a-Lago club, paying $200,000 for a chance to meet the President. Despite earning over $1 million daily while in office, Trump left the White House financially strained, facing more than $400 million in debt due by 2024, with insufficient resources to repay it. Johnston provides an insightful exposé on how money moved through Trump’s enterprises, illustrating how a corrupt president exploited the government for personal gain, jeopardizing national security in the process. He highlights the long-standing corruption of the Trump family and the financial burdens imposed on American taxpayers due to Trump’s extravagant lifestyle.