Trump and Lutnick families cash in on corrupt mining deal

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Mike Levin on X: "Let me tell you what just got reported, because you will not believe it until you see it laid out.

The Trump administration cut a billion-dollar tungsten deal with Kazakhstan. Tungsten is the metal we need for missile warheads, fighter jets, and computer chips. Trump himself got" / X<br>Post

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Mike Levin

@MikeLevin

Let me tell you what just got reported, because you will not believe it until you see it laid out.

The Trump administration cut a billion-dollar tungsten deal with Kazakhstan. Tungsten is the metal we need for missile warheads, fighter jets, and computer chips. Trump himself got on the phone to close it. Commerce Secretary Howard Lutnick worked it from the inside, sending letters, leaning on the Kazakh president, lining up as much as $1.6 billion in federal financing.

Within weeks of those negotiations, investors tied to a firm partly owned by Donald Trump Jr. and Eric Trump took a 20% stake in an entity connected to the very same Kazakhstan project their father was negotiating. Around that same time, Cantor Fitzgerald, the firm run by Lutnick’s own sons, raised $210 million for a partner in the deal and pocketed the fees.

The fathers set the policy. The sons cashed in.

Six days after the Trump sons and their partners moved their money, Lutnick signed the final deal.

The reporting found one or both families have financial ties to at least 14 companies working with the government on critical mining deals.

The total federal funding flowing toward those companies tops $8.9 billion.

This is your tax money.

It is supposed to secure our supply chains and protect our troops, not pad the portfolios of the President’s children and the Commerce Secretary’s children.

This is the most corrupt administration in American history. It is not close.

We must keep digging, and keep asking the questions they do not want asked. Republicans in Congress are unwilling to lift a finger. Mike Johnson is running a protection racket.

Either we will end the corruption, or the corruption will be the end of us.

google.com/url?q=https://…<br>Trump Cut a Billion-Dollar Mining Deal. His Sons Stand to Profit. (Gift Article)

From nytimes.com

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