President Donald Trump is drawing a great deal of criticism from a combination of Democrats and Never Trump conservatives for mixing the federal government withPresident Donald Trump is drawing a great deal of criticism from a combination of Democrats and Never Trump conservatives for mixing the federal government with

MAGA defender stuns CNN panel by twisting himself into 'pretzel' for Trump

2026/07/03 20:41
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump is drawing a great deal of criticism from a combination of Democrats and Never Trump conservatives for mixing the federal government with his private business ventures — which, detractors say, is a blatant conflict of interest. And a CNN panel went off the rails on Thursday night when Trump supporter Ben Ferguson went out of his way to defend the president.

Ferguson argued, "We have a president that was really wealthy when he came in, and keeps doing business with his family. There's nothing wrong with it."

But host Abby Phillip and others on the panel pushed back against Ferguson's argument.

Phillip told Ferguson, "You would have been fine with the so-called Biden crime family if Biden had just been transparent — if Hunter Biden had just been transparent? If he had just been transparent and said, 'I'm using my dad's name to make money,' you would have said, 'Totally above board?'"

Ferguson, however, doubled down on his defense of Trump, saying that "Burisma was massive corruption" and insisting that Hunter Biden's business activities couldn't be compared to those of President Trump or his son Donald Trump Jr. Ferguson also mentioned stock trades made by former House Speaker Nancy Pelosi (D-California). But when CNN's Bakari Sellers jump into, he argued that Ferguson was jumping through hoops to defend the Trumps while making a point of demonizing Democrats.

Sellers told Ferguson, "You ask, what did he do that was unethical or illegal? And I wanted to answer that plain and simply. I take…. yoga, and I feel like you're doing a little yoga too for that pretzel that you got yourself into…. To utilize your phrase, the president makes $400,000 a year. This quarter, he's made over $1 billion — $1.2 to $1.4 billion — on crypto alone…. What I want to tell you that's unethical is the fact that when you make 3500 trades in one year, and you go up and you invest in a company, and then you sit in the Oval Office and you tell people, 'Wow, this company is great. This company is going to do X, Y, Z' or you ease regulations on this company and you trade and purchase stock in that company. That fundamentally is unethical. You can call it what you want."

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$1.792
$1.792$1.792
+1.12%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

“Nothing Wrong” — Trump Defends $1.4 Billion Crypto Windfall While Running Crypto Policy

“Nothing Wrong” — Trump Defends $1.4 Billion Crypto Windfall While Running Crypto Policy

TLDR Trump disclosed earning $1.4 billion from crypto ventures in 2025 while in office Income came from his memecoin ($636M), World Liberty Financial ($594M), and
Share
Coincentral2026/07/04 19:59
Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
Share
BitcoinEthereumNews2025/09/18 01:31
Fed Governor Calls For Strong Stablecoin Oversight As CLARITY Act’s Final Text Gets Delayed

Fed Governor Calls For Strong Stablecoin Oversight As CLARITY Act’s Final Text Gets Delayed

US Federal Reserve (Fed) Governor has warned about the potential risks that stablecoin may pose to financial stability and urged for strong oversight, as the industry
Share
Bitcoinist2026/04/02 18:00