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An investigative report published by The New York Times revealed a serious conflict of interest within the administration of U.S. President Donald Trump, where his children and his commerce secretary benefit from mining deals financed by the federal government worth billions of dollars. The financial ties involve at least 14 companies in the mining sector, with over $8.9 billion in federal funding. Notably, a deal with Kazakhstan was made in September 2025, resulting in Trump's children acquiring a stake in Kaz Resources at a time when the government was providing $1.6 billion in funding for the project. The investigation showed that Trump's children and his commerce secretary were personally involved in negotiations, and that the family's relationship with the Department of Commerce overlaps with business interests, sparking anger in Congress and calls for an official investigation. The White House denied any violations, asserting that the decisions were made in the interest of the American people.
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