Here is Will Weissert at the Associated Press:
Donald Trump took office eight years ago, pledging to “drain the swamp” and end the domination of Washington influence peddlers.
Now, he’s opening his second term by rolling back prohibitions on executive branch employees accepting major gifts from lobbyists, and ditching bans on lobbyists seeking executive branch jobs or vice versa, for at least two years.
Trump issued a Day 1 executive order that rescinded one on ethics that former President Joe Biden signed when he took office in January 2021.
The new president also has been benefitting personally in the runup to his inauguration by launching a new cryptocurrency token that is soaring in value while his wife, first lady Melania Trump, has inked a deal to make a documentary with Amazon.
All of that comes as the Trump Organization has instituted a voluntary agreement that forbids making deals with foreign governments, but not with private companies abroad.
“Trump is opening the floodgates for conflicts of interest and exploiting his power in office in the hopes of making billions of dollars on the backs of taxpayers,” Lisa Gilbert, co-president of the government watchdog group Public Citizen, said in a statement. “Instead of focusing on the needs of the American people, Trump’s only interest is to secure a next deal to line his pockets.”
That Trump and his family are looking to convert political success into profits is no surprise. While seeking reelection last year, Trump sold bibles, gold sneakers, photo books and diamond-encrusted watches.
But it also marks a departure from when Trump began his first term in 2017 and signed an ethics order banning executive branch employees from becoming lobbyists for five years.
Trump released current and former members of his administration from those rules in one of his final acts before leaving office in 2020, though. And that mirrored President Bill Clinton instituting stricter ethics rules only to roll them back shortly before he left office.
Read the rest here.