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AXIOS: Currently, the only thing limiting President Trump from using his power to seek personal gain is imagination

4 hours ago

January 22nd. It is reported by the well-known media outlet AXIOS that during just eight hours on Inauguration Day, Trump and Biden significantly enlarged the enormous public and private power of the presidency to levels that were once unimaginable. Although presidents have always had the capacity to pardon, bestow favors, or safeguard friends, family, and allies, no one has ever done so to such an extensive, blatant, and rapid extent as they did. And the public seems unconcerned. (Both individuals pardoned a series of controversial figures before leaving office and taking office respectively.) AXIOS stated that Trump recently tested the new boundaries of presidential power by launching a meme coin called "TRUMP", which made him a cryptocurrency billionaire just two days before the inauguration. Industry insiders are worried that TRUMP and the hastily launched MELANIA meme coin could undermine the credibility that the industry has been working hard to establish over the years to combat scams. It is worth noting that Trump has been doubtful about cryptocurrency until his 2024 election campaign. Most Americans are not aware that the president has virtually no restrictions on profiting from their power through new business ventures or commercial transactions. Due to Supreme Court rulings, if the president is accused of exceeding any legal limits, they also enjoy immunity for "official acts". Therefore, Trump and his family can earn billions of dollars through global transactions, new undertakings, and new currencies, providing funds for the family and even the political movement for generations to come. The only thing that can limit them is their imagination.
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