Scan over the past few years and the stench of corruption wafting from Trump’s orbit is staggering. Campaign chairmen who secretly worked for foreign officials while skimming millions on the side. Presidential lawyers defrauding banks and taxpayers alike, or ushering in whichever foreign patron they could find. All of this while Trump tossed open the doors of his business to any and all comers, regardless of sources of their funds, regardless of whether Americans ever learned any details of their payments. (In a depressing bit of historic resonance, Trump’s first interior secretary, Ryan Zinke, resigned in disgrace under a cloud of his own corruption allegations—a move that few will remember, given the cascade of ethics violations and conflicts of interest deluging the administration throughout Trump’s four years.)
We’re still just scratching the surface of the depths of Trump’s and his administration’s rank corruption. Only just this summer, we learned that one of Trump’s former foreign policy and economic advisers, Tom Barrack, was indicted for allegedly working at the behest of a foreign dictatorship in the United Arab Emirates, secretly whispering policy advice in the president’s ears, all while his private equity firm received $1.5 billion from the UAE and their Saudi allies. It was a breathtaking revelation of a successful foreign espionage case, predicated on gobsmacking financial flows—and it barely cracked the news cycle.
Against the past few years, Teapot Dome appears almost quaint—a relic of a bygone, back-slapping era, a time when Americans paid off Americans, all for other Americans’ benefits, all in a neat, tidy circle of domestic graft. It’s not just the magnitude of the Trump-era corruption that challenges our notion of what an American president dedicated to financial misconduct can accomplish. It’s that now, the players are transnational in scope—crossing borders, crossing boundaries, taking full advantage of the financial secrecy tools wherever they may be, and the fecund opportunities that a president like Trump can provide.
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