Todd Blanche's deal would bury the largest presidential corruption scheme in US history

Todd Blanche's deal would bury the largest presidential corruption scheme in US history
(REUTERS)

Todd Blanche

Frontpage news and politics

Let me get right to the point. The Senate should not confirm Todd Blanche as attorney general.

Blanche, who used to be Trump’s private lawyer, has treated the Justice Department as Trump’s private law firm. He still believes that Trump — rather than the United States — is his client.

At the very least, the Senate should insist, as a condition of confirming Blanche, that the May 19 deal Blanche devised to immunize Trump and his family from all future prosecutions — which Blanche alone signed — be nullified.

The purpose of that immunity deal — which resulted from Trump’s own bizarre lawsuit against the IRS — should by now be clear. It’s to prevent any future government inquiry into the corrupt dealings of Trump and his family.

The breadth of the so-called “settlement” agreement between Trump and, well, Trump is staggering. Take a look at it, here.

Boiled down to its bare essentials, the deal “forever” protects Trump and his family from “all claims” or “causes of action” or “requests for any relief” including “examinations” that “could have been asserted by the United States against Trump, his children, “or affiliated individuals” or “parties” which arise out of “any matters” or of “Lawfare and/or Weaponization” or of any matters that “could be pending” before the United States or its agencies and departments.

Put another way, the U.S. government is prohibited from looking into any of the corrupt s--- Trump or his family have gotten into.

And there’s a lot of corrupt s---.

Trump is the most corrupt president in American history. Since being in office for a second time, he’s so far increased his wealth by an estimated $4 billion, and his sons’ and daughters’ wealth by billions more. Some examples:

  • Trump and his family have created multiple crypto businesses — World Liberty Financial and the $TRUMP meme coin — that have received favorable deregulatory treatment and reportedly generated at least $2.3 billion in income for Trump and his family since he won the presidency.
  • Six days after a company backed by Eric and Donald Jr. took a 20 percent stake in an American mining group, the group’s parent company received $1.6 billion in federal financing. That’s because the president of Kazakhstan granted the company the right to mine the world’s largest known undeveloped deposit of tungsten, an element used in semiconductors, lightbulbs, and warheads.
  • In late 2025, Don Jr.’s firm 1789 Capital acquired an equity stake in critical minerals company Vulcan Elements. Shortly after, the White House and the Pentagon awarded Vulcan a $620 million federal loan without competitive procurement or independent technical review.
  • After Eric and Don Jr. backed the drone manufacturer Powerus, the U.S. Air Force awarded the company a lucrative contract.
  • Eric and Don Jr. have conducted numerous undisclosed meetings with foreign government officials (including representatives from Hungary, the UK, Vietnam, and Qatar) while simultaneously negotiating global real estate deals for the Trump Organization.
  • Don Jr. serves as a strategic advisor or investor in prediction market firms Kalshi and Polymarket, which have received favorable, deregulatory treatment from the Commodity Futures Trading Commission (CFTC).
  • Don Jr. is on the board of prescription drug platform BlinkRX, which will benefit from the administration’s promotion of direct-to-patient medicine sales.
  • Presumably, someone has made a fortune trading stocks and bonds on the basis of insider knowledge of decisions that Trump would announce — about tariffs, his war in Iran, and other news that moved stock and bond markets. The trades occurred just before the announcements.
  • In May, Trump disclosed that his trust was actively trading individual stocks, an unprecedented practice for a sitting U.S. president in the modern era.
  • Trump has pardoned some of the most brazen financial criminals in American history, and one can only wonder what he received in return. They include Philip Esformes, convicted in what Trump’s own Department of Justice described as the “largest health care fraud scheme ever charged”; Joseph Schwartz, convicted for a $38 million fraud scheme; and reality stars Todd and Julie Chrisley, convicted for multimillion-dollar bank fraud. He’s granted clemency to Lawrence Duran after a $205 million fraud conviction. He commuted Jason Galanis’s sentence and pardoned Devon Archer, both tied to tens of millions in fraud.

If the “settlement” remains in force, we will never know the details of any of these transactions, because the “settlement” — devised and signed by Todd Blanche — will result in the largest cover-up of presidential wrongdoing and illegality in American history.

Without it, Trump and his family could be required to disgorge their ill-gotten gains.

For his role in this scam, Blanche should not be confirmed as attorney general. At the very least, his confirmation should be conditioned on this so-called “settlement” being deemed null and void.

Robert Reich is a professor of public policy at Berkeley and former secretary of labor. His writings can be found at https://robertreich.substack.com/.

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