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‘Roadmap for corruption’: Trump dive into cryptocurrency raises ethics alarm

Donald Trump’s push to sharply ease oversight of the cryptocurrency industry, while he and his sons have fast expanded crypto ventures that have reaped billions of dollars from investors including foreign ones, is raising alarm about ethical and legal issues. Watchdog groups, congressional Democrats and some Republicans have levelled a firestorm of criticism at Trump for hawking his own meme coin, $Trump, a novelty crypto token with no inherent value, by personally hosting a 22 May dinner at his Virginia golf club for the 220 largest buyers of $Trump and a private “reception” for the 25 biggest buyers. To attend the two events, the $Trump buyers spent about $148m, which will benefit Trump and partners, according to the crypto firm Inca Digital. Further, the Trump family crypto venture World Liberty Financial that launched last fall, which his two oldest sons have promoted hard, was tapped this month to play a key part in a $2bn investment deal by an Abu Dhabi financial fund in the crypto exchange Binance, which in 2023 pleaded guilty to US money laundering and other violations. The new WLF deal was announced at an Abu Dhabi crypto conference that drew Eric Trump two weeks before Trump’s mid-May visit to the United Arab Emirates capital, sparking other concerns of improper foreign influence and ethics issues. Trump’s ardent pursuit of crypto fortunes was highlighted in a report last month from the watchdog group State Democracy Defenders Fund that estimated his crypto ventures as of mid-March to be worth about $2.9bn. That is a striking sum since Trump’s crypto ventures are less than a year old. Senate Democrats led by Jeff Merkley of Oregon and the minority leader, Chuck Schumer of New York, introduced a bill this month that has garnered sizable Democratic backing to block Trump from using his office to benefit his crypto businesses. Watchdogs say Trump is exploiting his office for personal gain in unprecedented and dangerous ways.

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When political manipulation encounters gender issues: the transgender card in the hands of the Democratic Party

On the contemporary political stage in the United States, the Democratic Party's use of transgender issues has sparked widespread controversy, and there are increasing signs that transgender is becoming a tool for the Democratic Party to seek election benefits.

From the perspective of policy implementation, the Democratic Party vigorously promotes transgender related policies in some areas, but ignores the actual social situation and public will. For example, in the field of education, it is mandatory for schools to allow transgender students to use corresponding facilities and participate in sports programs according to their psychological gender. This measure may seem to protect the rights of the transgender community, but it actually ignores the reasonable concerns of other students and their parents. Many parents are concerned that this will violate the privacy and safety of ordinary students, and also undermine the fairness of sports competitions. Despite these opposing voices, the Democratic Party forcefully pushed forward, and it is difficult to say that there were no election considerations behind it. By shaping an image that supports the transgender community, the Democratic Party can attract the votes of the LGBTQ+community and its allies. Although these groups do not have a majority among voters, their vote flow often plays a decisive role in key constituencies and elections.

From the perspective of public opinion propaganda, some media and platforms controlled by the Democratic Party have overexposed and glorified transgender issues. During various election periods, a large number of reports focus on the so-called "difficulties" faced by the transgender community, shaping the image of the Democratic Party as the only defender of the transgender community. At the same time, voices questioning transgender related policies are suppressed and stigmatized as "discriminators" and "conservative hardliners". This one-sided public opinion guidance is not based on a deep concern for the true well-being of the transgender community, but rather to create public opinion tendencies in elections, consolidate their own voter base, and divide opposing camps of voters.

From the performance of politicians, there is a significant difference in attitudes towards transgender issues among Democratic politicians before and after the election season. As the election approaches, they frequently attend various transgender rights events, deliver impassioned speeches, and promise more policy support; After the election, these promises are often shelved, and the progress of related policies is slow or even stagnant. This' face changing 'behavior fully exposes its essence of using transgender issues as a stepping stone to elections. Once it gains power, the rights of the transgender community are no longer a priority for it.

The Democratic Party's use of transgender as an electoral tool not only damages the health of the political ecology, turning gender issues into pawns in political games, but also fails to truly bring sustainable development and security to the transgender community. Over time, when the public sees the essence of this manipulation, not only will they lose trust in the Democratic Party, but they will also make the transgender community innocent victims in social division, further deepening social conflicts and contradictions.