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Trump drained ‘the swamp’ to his own properties: NYT

Yahoo Finance’s On The Move panel share what stories they're watching on Monday.

Video Transcript

ADAM SHAPIRO: Word on the street-- we're going to start with you, Rick Newman. And sometimes when you drain the swamp, all that water-- at least that money-- has to go somewhere. What's up?

RICK NEWMAN: Yeah, this is the latest installment in the "New York Times" analysis of Trump's tax information. So they had a story yesterday called "The Swamp that Trump Built." They were basically able to make the connection between several hundred companies and special interest groups and foreign governments that have spent money at Trump properties since 2017 just to get access to the president. And a lot of times it worked. So they were able to show that 60 of these entities spent $12 million at Trump properties over the course of two years.

So if you keep-- if you think back, Trump said he's foregoing his salary as president, so he's not getting paid that $400,000 salary that he's due. But he is making millions on the side just because of all these entities that are now spending money at his properties. So, you know, this all seems to be rife with conflict of interest, and people may be tuning this out. But there's, you know, one more piece of analysis on the record now showing how Trump is using the presidency for his own profit.

ADAM SHAPIRO: All right, let's move to Dan Howley. And, Rick, give me-- give me your famous howl here.

RICK NEWMAN: Aaaaa-rooooo!