EPISODE · Aug 17, 2026 · 14 MIN
Trump’s crypto venture soon to be a FEDERALLY CHARTERED bank
from Hope For America with Heather Delaney Reese · host Heather Delaney Reese
Trump spent August 15th hidden from his own press corps while flooding the day with images that revealed the larger story in plain sight: a president admiring dictators, imagining himself beside George Washington, and surrounding himself with people building power structures that do not depend on voters. The danger is not only Trump's ego or decline. It is the way his family, donors, allies, and billionaire enablers are moving through banking, media, sports, technology, and politics to turn American life into something owned from the top down.Based on the events of 8-15-2026The Breakdown:* Trump's traveling press corps was sent away at 11:49 AM, eleven minutes before the scheduled start, cutting off access to him for the day.* Forty-one minutes before that decision, Trump posted a photo with Kim Jong Un and wrote that he and the North Korean dictator "get along GREAT."* Trump spent Saturday at his private Bedminster golf club instead of answering questions from reporters.* At 4:22 PM, Trump shared an AI image of himself and George Washington signing documents together as equals.* At 4:24 PM, he posted a black-and-white photo of himself in a "Trump 2028" hat with the words "we are going to win."* At 4:25 PM, he posted another image placing himself and Washington on horseback together in a founder-style fantasy.* The contrast with Washington matters because Washington gave up power voluntarily, while Trump has already tried to overturn an election and has said, "we shouldn't even have an election."* The people around Trump are not stopping the behavior because they need him in power long enough to finish the system they are building.* Trump's administration, through the Office of the Comptroller of the Currency, granted preliminary approval for World Liberty Financial to become a federally chartered bank.* World Liberty Financial is the Trump family crypto venture, and Heather notes the family has already made more than $1.6 billion from it.* Abu Dhabi's MGX, a UAE sovereign wealth fund, owns 49 percent of the Trump family venture.* The son of Steve Witkoff, Trump's Middle East envoy, is running the venture, tying foreign money, family profit, and presidential power into one structure.* Josh Kushner is buying the Los Angeles Lakers for $12.5 billion with Bob Iger, placing one of America's most culturally powerful teams inside Trump's extended network.* Jeff Bezos has bought roughly 30 percent of Liverpool FC through a consortium, with an option to become majority owner within a year.* These sports acquisitions matter because teams carry community, identity, and loyalty far beyond politics or media.* David Ellison's Skydance Paramount is pursuing Warner Bros, which would put CBS News, CNN, HBO, and 28 local television stations under one family if approved.* Democratic senators have raised concerns about Saudi, Qatari, and Emirati sovereign wealth fund money connected to the Warner Bros acquisition.* Larry Ellison, a major Trump donor, has already placed Bari Weiss at CBS News and controls TikTok's U.S. data infrastructure through Oracle.* CNN reported that Trump advisers privately see Republican chances of holding both chambers as "dwindling," with Trump's low approval ratings limiting his reach beyond MAGA voters.* The rush to buy banks, teams, media, and infrastructure looks like an insurance policy against elections, creating a permanent power structure voters cannot easily remove.This commentary represents my personal opinions and analysis of matters of public concern, informed by publicly available information. Any references to individuals constitute opinion and commentary protected under the First Amendment.
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Trump spent August 15th hidden from his own press corps while flooding the day with images that revealed the larger story in plain sight: a president admiring dictators, imagining himself beside George Washington, and surrounding himself with people building power structures that do not depend on voters. The danger is not only Trump's ego or decline. It is the way his family, donors, allies, and billionaire enablers are moving through banking, media, sports, technology, and politics to turn A...
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Trump’s crypto venture soon to be a FEDERALLY CHARTERED bank
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