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In his second term, he is reaching for billions: a $2 billion investment by a United Arab Emirates state-owned enterprise in the Binance crypto exchange using the Trump family’s stablecoin asset. An unknown number of billions placed by Qatar in a Trump-family real-estate development in that emirate, topped by the gift of a 747 luxury jet for the president’s personal use in office and afterward.

Government-approved support for a Trump golf course in Vietnam while its leaders were negotiating with the United States for relief from Trump tariffs. Last week, Trump hosted more than 200 purchasers of his meme coin, many of them apparently foreign nationals, for a private dinner, with no disclosure of the names of those who had paid into his pocket for access to the president’s time and favor.

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