There’s no dealing like self-dealing

You knew that Trump was going to find a way to clear a profit on his incredibly tacky UFC show:
President Donald Trump purchased stock in the company that will receive a fortune in publicity thanks to his decision to promote an Ultimate Fighting Championship event on the White House South Lawn next month.
Trump purchased between $15,001 and $50,000 of stock of TKO Group Holdings, the parent company of UFC, on March 25, according to a HuffPost review of his May 12 financial disclosure filing.
“Grifting has always been an issue in Donald Trump’s presidency, but now the mask is off,” said Jordan Libowitz with the Citizens for Responsibility and Ethics in Washington. “Using the White House to promote a company whose stock you bought while promoting it is one of the worst conflicts of interest you could imagine. The agenda of this administration seems to start and stop with how to make Donald Trump richer.”
And needless to say, this is just another day in Trump 2.0:
President Trump earlier this year purchased more than $1 million in the stock of Dell Technologies, a transaction that is drawing scrutiny after the Pentagon this week announced a $9.7 billion contract with the Texas-based computer company.
The sequence of events illustrates the complications that emerge when a sitting president continues, even if through financial advisers, to buy and sell publicly traded stocks like Dell.
In the first three months of this year, Mr. Trump’s investment portfolio executed more than 3,600 trades, a mandatory disclosure form shows, buying and selling shares in big banks, manufacturers and tech giants, among other companies.
The document shows a Dell stock purchase of $1 million to $5 million in February, and smaller amounts in the months since. (The document includes ranges in some cases, rather than specific amounts.)
[…]
Mr. Trump also went out of his way in February to praise Dell Technologies and its founder, Michael Dell, at an event in Georgia that took place nine days after Mr. Trump’s purchase of more than $1 million in Dell stock.
The Georgia event took place after Mr. Dell and his wife pledged in December to donate $6.25 billion to help kick off the so-called Trump accounts program that creates special investment savings accounts with tax benefits for American children.
Jimmy Carter had to sell his peanut farm, and Richard Nixon nearly lost his political career over a $18,000 slush fund. It’s like another universe.
