The deals pushing the Trump family’s wealth to new heights

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• 00:00

  Hey there, it's Shamita.

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  It helps other people find our show and it helps us know what you like about it.

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  Thanks.

• 00:22

  Good morning.

• 00:23

  It's Wednesday, May 28th.

• 00:25

  I'm Shamita Basu.

• 00:26

  This is Apple News Today.

• 00:28

  On today's show, aid distribution in Gaza gets off to a slow, chaotic start.

• 00:34

  Syrians struggle with reconciliation after Assad's fall.

• 00:38

  And RFK Jr. says COVID vaccines are no longer recommended for children and pregnant women.

• 00:51

  But first, President Trump appears to be deepening his financial links to cryptocurrency.

• 00:57

  Yesterday, the parent company of Trump's social media platform, Truth Social,

• 01:01

  announced a series of deals to raise $2.5 billion, which it plans to invest in Bitcoin.

• 01:07

  What began as a tech company is seemingly moving toward financial services.

• 01:12

  It comes after the private crypto dinner Trump hosted that we mentioned last week on the show,

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  and which sparked allegations that he was corruptly leveraging his position in power to score personally lucrative deals.

• 01:23

  People who attended the dinner spent a combined $148 million on Trump's crypto token just for the chance to be there.

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