U.S. President Donald Trump and his son Donald Trump Jr. in Washington, D.C., U.S., May 3, 2026. REUTERS/Annabelle Gordon
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."