{"id":456,"date":"2026-07-24T17:11:17","date_gmt":"2026-07-24T17:11:17","guid":{"rendered":"https:\/\/longdistancemoversusas.com\/?p=456"},"modified":"2026-07-24T17:11:17","modified_gmt":"2026-07-24T17:11:17","slug":"nicolle-wallace-trump-family-is-profiting-while-his-supporters-pay-the-price","status":"publish","type":"post","link":"https:\/\/longdistancemoversusas.com\/?p=456","title":{"rendered":"Nicolle Wallace: Trump family is profiting while his supporters pay the price"},"content":{"rendered":"<div>\n<p>MS NOW\u2019s Nicolle Wallace slammed President Donald Trump\u2019s eldest son for exploiting his father\u2019s name for \u201cmassive profits\u201d after new reporting from The New York Times revealed how Donald Trump Jr.\u2019s investment firm, 1789 Capital, has gone from managing a few hundred million dollars to overseeing more than $3 billion in assets in just two years.\u00a0<\/p>\n<p>Read more <a href=\"https:\/\/longdistancemoversusas.com\/?p=454\">MaddowBlog<\/a><\/p>\n<p>According to the Times, since Trump Jr. joined the firm after the 2024 election, 1789 Capital\u2019s main investment fund has reportedly generated nearly 200% in returns through the first half of 2026. Many of the companies linked to the firm have directly benefited from Trump administration policies or have been on the receiving end of large government contracts.<\/p>\n<p>On Thursday\u2019s \u201cDeadline: White House,\u201d Wallace said the report is just the latest example of a Trump family member using \u201chis presidency for personal profit.\u201d The MS NOW host noted a recent analysis from The Washington Post found that funds linked to the president\u2019s two eldest sons, Don Jr. and Eric Trump, have generated at least $3.2 billion in direct government business since he returned to the White House.<\/p>\n<p>While both Trump sons have denied any wrongdoing and say they do not use insider information from the administration to make investments, Wallace questioned the family\u2019s newfound success.<\/p>\n<p>\u201cWere either the Trump sons successful investors before Donald Trump was president a second time?\u201d she asked.<\/p>\n<p>Read more <a href=\"https:\/\/longdistancemoversusas.com\/?p=452\">The folly of Elon Musk\u2019s call for a historically accurate \u2018Odyssey\u2019<\/a><\/p>\n<p>According to the \u201cDeadline: White House\u201d host, there\u2019s one group who she said should feel the more slighted by the president\u2019s family\u2019s reported dealings: his own supporters.<\/p>\n<p>\u201cWe can\u2019t be more mad, though, than Trump\u2019s own voters,\u201d she said.\u00a0<\/p>\n<p>Wallace noted that as Trump and his family appear to be enriching themselves, Americans across the country are suffering under the administration\u2019s policies, including the ongoing war against Iran and the president\u2019s tariffs.\u00a0<\/p>\n<p>\u201cHow do you make people understand that he\u2019s robbing them?\u201d she asked. \u201cThis isn\u2019t money that is zero-sum. They\u2019re enriching themselves at the expense of the people who sent Donald Trump to Washington to make their lives better.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/longdistancemoversusas.com\/?p=450\">The Houthis\u2019 commandeering of a Red Sea strait is a huge deal<\/a><\/p>\n<p><em>You can watch Wallace\u2019s full commentary in the clip at the top of the page.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cHow do you make people understand that he\u2019s robbing them?\u201d Wallace asked after sharing new reporting about Donald Trump Jr.\u2019s business dealings.<\/p>\n","protected":false},"author":1,"featured_media":455,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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