Loot first: Donald Trump's transactional presidency

特朗普的权钱交易

Checks and Balance from The Economist

2025-11-22

49 分钟
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A Swiss delegation donated a gold bar and a Rolex clock to President Trump's presidential library. Days later America's tariff rate on Switzerland dropped by more than half. Mr Trump is running the nation's business alongside his own—at what cost?  John Prideaux hosts with Charlotte Howard and James Bennet. Transcripts of our podcasts are available via economist.com/podcasts Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+  
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  • The Economist.

  • Washington was searching for a job.

  • Bushrod Washington, who wanted to be the US Attorney for Virginia.

  • So, he asked his uncle George, who was the president, to appoint him.

  • He promptly rejected his nephew.

  • George Washington knew that nepotism favors corruption would endanger the young republic.

  • Today, that seems rather quaint.

  • President Trump has mainstreamed self-dealing.

  • He and his family are enriching themselves through government connections and power at levels unseen before.

  • From crypto to Qatari jets to gold bars,

  • they seemingly don't care about the laws or the standards that Washington and his successors set.

  • I'm John Prideaux, this is Checks and Balance from The Economist.

  • Each week we take one big theme shaping American politics and explore it in depth.

  • Today, anything goes in Trump's America.

  • He has fired government watchdogs, accepted increasingly lavish gifts from foreign governments, doled out pardons.

  • It goes on.

  • At what cost?

  • And it's not just about personal enrichment, it's also about allowing others to flout rules too.

  • Will the Trump era inspire a new age of good government reform?

  • Or will this be one more thing on the list of things Trump broke?