George Stephanopoulos got here out swinging in opposition to President Donald Trump and his household through the opening remarks of his This Week broadcast on Sunday.
Stephanopoulos alleged that the Trump clan has exploited the best workplace within the land to generate “billions of {dollars}” in offers.
“The dimensions is staggering,” the ABC host mentioned. “President Trump and his household are making a whole bunch of tens of millions, probably billions of {dollars} as Trump and his administration take official actions that profit contributors and traders.”
ABC needed to issue an apology to Trump as part of a $16 million settlement with the Republican president late final 12 months after Stephanopoulos falsely said that Trump had been “discovered accountable for rape.” Nevertheless, Trump, the truth is, had been discovered accountable for sexual abuse and defamation in the trial involving author E. Jean Carroll.
George Stephanopoulos has been accused of hiding Joe Biden’s well being decline. / Jeff Neira/ABC through Getty Pictures
Nonetheless, that didn’t cease Stephanopoulos from taking Trump and his White House administration to process in a flurry of rebukes directed at his insurance policies, together with a to pardon convicted tax cheat Paul Walzcak earlier than he even reported to jail. The pardon got here after his mom attended a $1 million-dollar-a-head dinner at Mar-a-Lago.
The Securities and Exchange Commission additionally dropped its long-running lawsuit in opposition to crypto-trading platform Binance over 13 violations of federal securities legal guidelines, however not earlier than the buying and selling group had listed a cryptocurrency launched by the Trump household crypto-firm, World Liberty Monetary.
The ABC host quoted an article in The Atlantic describing Trump’s second stint within the White Home as
That transfer adopted after Trump’s social media firm, Trump Media Know-how Group, introduced it might elevate round $2.5 billion to spend money on Bitcoin. To date, not one of the estimated 50 institutional traders within the group have been publicly recognized.
Stephanopoulos mentioned on Sunday “this unprecedented cash making by a sitting president and his household” had maybe been finest characterised by journalist David Frum for The Atlantic.
Quoting from the article, Stephanopoulos mentioned,“‘Nothing like this has been tried and even imagined within the historical past of the American presidency. Throw away the historical past books; discard feeble comparisons to scandals of the previous.”
He added, “‘There isn’t any analogy with any earlier motion by any previous president. That is American corruption on the size of a post-Soviet republic of a postcolonial African dictatorship.’”