The article details how the Trump family continued to generate substantial revenue through their businesses while a major financial market crash was underway. President Trump hosted events at his family’s Miami resort and Palm Beach club during this period.
A Saudi-backed golf tournament at the Trump National Doral resort and high-priced fundraisers at Mar-a-Lago took place concurrently with the market decline. These events attracted numerous attendees and significant financial contributions.
Trump's recent imposition of global tariffs triggered one of the largest market crashes in American history, erasing trillions of dollars in market value. Despite this, the events at Trump's properties appeared largely unaffected by the economic turmoil.
The article describes the nature of Trump's fundraisers, highlighting the significant sums of money raised. Attendees included notable figures from various industries, including representatives from the cryptocurrency, energy, and military sectors.
The article notes some Republicans questioning the extent of Trump's fundraising efforts, particularly given that he is ineligible for re-election. It also details varied reactions from attendees of the events, with some expressing indifference towards the disconnect between the financial crisis and the festivities at Trump's properties.
The president continued his golf game, attending tournaments, and actively engaged on social media. Merchandise sales at Trump's properties also remained strong, offering a range of items, including high-priced accessories and branded memorabilia.