The American Democracy Minute Radio Report & Podcast for April 25, 2025

President Donald Trump launched a cryptocurrency “meme coin” with his likeness on January 17th, just before inauguration day.  April 21st, with its value plummeting, the company offered top buyers of the coin a dinner with Trump and a personal tour of the White House.  That likely violates the Emoluments Clause.

The website for the meme coin loudly promotes a dinner with Trump at his Washington golf club for the top 220 owners of the coin, and for the top 25 owners, an “exclusive reception” and a “special VIP tour.”  But as of April 24th, any reference to touring White House was scrubbed from the site.  

With its value having fallen from $74.00 to a low of $7.66 on April 17, the price jumped after the announcement to $14.54 on April 23rd.  But it’s not the price of the coin that should worry Americans, but that corporations, special interests or foreign governments could exploit the offer as an opportunity to channel money to the notoriously transactional Trump in exchange for access and favors.

Jordan Libowitz of Citizens for Responsibility and Ethics in Washington told  Mother Jones magazine, “This is about as unethical as you can get – essentially selling off access to the president.” 

We have a pre-scrubbing graphic,  and more on the Emoluments Clause, at  AmericanDemocracyMinute.org.  I’m Brian Beihl.

Today’s Links

Articles & Resources:

April 23 – GetTrumpMemes.com via WaybackMachine.com – “Have Dinner With President Trump”

April 24 – GetTrumpMemes.com – “Have Dinner with President Trump” – Reference to White House Tour Scrubbed

American Constitution Society – (2019)  Profiting off the Presidency: Trump’s Violations of the Emoluments Clauses
Brennan Center for Justice – (2019)  How Will the Courts Handle the Trump Emoluments Cases?
American Democracy Minute – (2024) The Constitution’s Foreign Emoluments Clause was Intended to Stop Bribery and Corruption.  Recently, Not So Much
Citizens for Responsibility and Ethics in Washington (CREW) – (2024)  The intensifying threat of Donald Trump’s emoluments
Mother Jones – Trump Crypto Coin Buyers Offered VIP Tour of White House
CoinStats – TRUMP Meme Coin Tumbles After Soaring on Exclusive Gala Announcement

Groups Taking Action:

CREW, Public Citizen

Register or Check Your Voter Registration:

U.S. Election Assistance Commission – Register And Vote in Your State

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#Democracy  #DemocracyNews #Corruption #EmolumentsClause #DonaldTrump #TrumpMemeCoin

The post Trump ‘Meme Coin’ Cryptocurrency Scheme Selling Access to the President Raises Alarms for Emolument Clause Violations appeared first on American Democracy Minute.

The American Democracy Minute Radio Report & Podcast for Nov. 27, 2024

Today’s Script

(Variations occur with audio due to editing for time. Today’s Links below the script)

You’re listening to the American Democracy Minute, keeping YOUR government by and for the people.

The framers of the U.S. Constitution included the Foreign Emoluments Clause because they feared the influence, corruption and bribery they witnessed in Europe’s monarchies.  Why should Americans care about it?

The Foreign Emoluments Clause, in Article 1, Section 9, reads in part: “And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.”   

Fordham Law Professor Zephyr Teachout writes that James Madison mentions “corruption” 54 times in his Constitutional Convention notes, and that two dozen sections of the Constitution were designed to prevent it.

Fast forward to 2021, when after four years, 20 foreign governments spent an estimated $13.6 Million dollars at President Donald Trump’s properties, according to the House Ethics committee and good government groups.

Prior to Trump, Presidents put businesses and investments into a “blind trust”, shielding the President from information which could influence decisions not in the best interest of the country.  In 2017, Trump turned his assets to his two sons in a trust document, but continued to receive updates and income, and didn’t disclose the holding of over 100 trademarks in China and Russia until 2023.  

We have more on the Foreign Emoluments Clause at AmericanDemocracyMinute.org, and we’ll discuss how it could influence policy decisions in a future report. I’m Brian Beihl.

Today’s Links

Articles & Resources:

Congressional Research Service – The Emoluments Clauses of the U.S. Constitution
National Constitution Center – The Foreign Emoluments Clause: Article I, Section 9, Clause 8
National Constitution Center – Prof. Zephyr Teachout – The Foreign Emoluments Clause
American Constitution Society – Profiting off the Presidency: Trump’s Violations of the Emoluments Clauses
U.S. Supreme Court – BRIEF OF AMICI CURIAE OF FORMER FEDERAL ETHICS OFFICIALS SUPPORTING
RESPONDENT
Citizens for Responsibility and Ethics in Washington (C.R.E.W) – Trump likely benefited from $13.6 million in payments from foreign governments during his presidency
Citizens for Responsibility and Ethics in Washington (C.R.E.W) – (2019)  Tracking President Trump’s unprecedented conflicts of interest
Business Insider – Trump waited until after he left office to disclose trademarks he owns in China and Russia

Groups Taking Action:

C.R.E.W., Public Citizen, Common Cause

Register or Check Your Voter Registration:

U.S. Election Assistance Commission – Register And Vote in Your State

Please follow us on Facebook and SHARE!  

Find all of our reports at AmericanDemocracyMinute.org

Want ADM sent to your email?  Sign up here!

Are you a radio station?  Find our broadcast files at Pacifica Radio Network’s Audioport and PRX

#Democracy  #DemocracyNews #EmolumentsClause #ForeignInfluence #Corruption #DonaldTrump

The post The Constitution’s Foreign Emoluments Clause was Intended to Stop Bribery and Corruption.  Recently, Not So Much. appeared first on American Democracy Minute.