It will be years before we have a full account of the Trump family’s profiteering, but we already know that President Trump’s personal wealth increased by more than $2 billion in 2025. His sons, his son-in-law Jared Kushner, and other cronies have also made big financial gains while investing in sweetheart deals.

Heather Cox Richardson recounts some of the latest financial shenanigans. One of the shadiest deals entangles the interests of Trump and Putin.

She writes:

A new report from Anton Troianovski and Eric Lipton of the New York Times Saturday revealed that the administration’s talk about doing business deals with Putin while he continues to strike Ukraine was not hypothetical. As they have allegedly been negotiating for an end to Russia’s war on Ukraine, Trump’s son-in-law Jared Kushner and Trump’s special envoy Steve Witkoff—neither of whom are diplomats—have been talking with Russia’s president Vladimir Putin about a multibillion-dollar deal to buy the assets of Russian oil giant Lukoil at the rock-bottom prices to which they have sunk because of U.S. sanctions.

Because such a sale would immediately remove those assets from U.S. sanctions, they would instantly become far more valuable. Those looking to benefit financially from the purchase would include a major Trump donor, as well as Middle Eastern investors tied to the Trump family and the Witkoffs. The U.S. government would take a stake in the company as well, through the U.S. International Development Finance Corporation, which Congress authorized in 2018 to invest in development projects in lower- and middle-income countries.

While Lukoil is technically a private company, observers believe Putin has control over it. And while the deal would have to be approved by the U.S. Treasury Department, it seems unlikely that Trump loyalist Bessent would stop it.

According to Troianovski and Lipton, Putin suggested the deal on September 5. It was likely not coincidental that the offer came after Senator Lindsey Graham (R-SC) died on July 11. Graham, who was close to Trump, was firmly behind Ukraine as it tried to fight off Putin’s invasion. Until Trump, Democrats and Republicans both felt strongly that American national security depended on stopping Putin’s aggression, and they stood behind Ukraine.

Trump’s ties to Russia are extensive and well known, but this apparent attempt to buy Trump’s support for Russia even as the war drags into another winter and Ukraine’s drones are destroying Russia’s oil sector seems especially blatant. It puts a spotlight on the fact that, under Trump, U.S. national security is for sale. A Democratic-led Senate would undoubtedly object to what the Republicans have permitted.

Indeed, under Trump there does not appear to be a line between foreign affairs and Trump family business deals. On October 1, Allegra Goodwin, Katie Polglase, and Majlie de Puy Kamp of CNN reported that while in discussions about ending the war in Gaza, Kushner has major financial interests in the Israeli military.

Kushner’s private equity firm, Affinity Partners, has invested in Phoenix Financial, a firm based in Tel Aviv, Israel, that, in turn, has invested hundreds of millions of dollars in at least nine companies that provide equipment for the Israeli military. The CNN journalists report that the stock values of all the nine companies grew last year and that many of the companies attributed the growth to the war in Gaza. Kushner’s firm sold a quarter of its stock in Phoenix in July for more than $340 million, more than five times the value of its initial purchase.

If he were a government employee, Kushner would have to disclose his finances, but he is a “volunteer” negotiator. One of Kushner’s lawyers told the reporters that Kushner has “never participated in or directed Phoenix’s decisions” about investments, but, as the journalists note, Kushner told Forbes that he meets with the leaders of the financial group every few weeks and maintains “a very active dialogue” with them.

Kushner’s lawyer confirmed that was true a year ago when Kushner said it, but that since he has been “substantially more engaged in volunteer public-service and diplomatic efforts,” he has scaled back that contact significantly.

It’s not just Kushner. The Editorial Board of the Wall Street Journal on October 2 warned that “Don Jr.’s Star Turn Is Coming,” noting that the “Trump family businesses will be in the spotlight on Capitol Hill for the next two years.” “Does the Trump family know what is about to hit them?” the board asked. It noted that even Republicans are upset at the news that an oligarch close to Putin had paid for Don Jr.’s wedding celebration. Senator John Curtis (R-UT) has called for the Senate to subpoena Don Jr. to find out how that financial underwriting came to happen. While they’re at it, Curtis wants to learn more about the family’s cryptocurrency and prediction market ventures.

The corruption of the administration is matched by its incompetence, and neither will come out well in congressional investigations.

In September, hackers broke into the FBI jobs portal and stole information about nearly every FBI employee as well as more than 8,000 state and local law enforcement officers who had worked with the FBI agents. On Saturday, Ken Dilanian and Carol Leonnig of MS NOW reported just how devastating that breach was. The hacked data included “names, home addresses, cell phone numbers, FBI email addresses and employee ID numbers, in addition to personal identifying information for emergency contacts, including Social Security numbers and personal email addresses.”

According to FBI officials and outside experts, Dilanian and Leonnig report, the breach is a counterintelligence disaster—one of the worst in U.S. history. The information not only exposes the people involved, but also enables adversaries to figure out U.S. priorities and who is working on what.

One cybersecurity expert at the FBI said the cause of the breach was “definitely incompetence.” The information should never have been linked to the internet, the expert said. “It belonged on our internal system and some dumbass moved it all” to a system connected to the internet. The expert told Dilanian and Leonnig that in chats the FBI obtained, the hackers wrote they couldn’t believe that the hack of such important information was so easy.

Speaking at a high school gymnasium in Ohio Saturday night, Trump told an audience: “Just get out and vote. If you do that, we’re going to win, and we’re going to win big, and we’re gonna shove it up their *ss.”

Which is more appealing; Trump’s profiteering or his vulgarity?