Trump, allies lining pockets with Iran war profit: US senator
An American senator has said US President Donald Trump and his allies, both inside and outside his administration, have been raking in billions from the administration's war efforts targeting Iran.
In an address at the annual Georgia Democratic gala on Sunday, Jon Ossoff, a senator from the state, noted how both in the run-up and throughout the United States' unprovoked aggression targeting the Islamic Republic that began on February 28, Trump and the individuals in question managed to make billions by prompting it and misusing advance knowledge.
Ossoff regretted that the war was costing the US its "national power and wealth" while making families "pay more for everything."
However, "rest assured, the Mar-a-Lago mafia are finding ways to profit because, of course, they are,” he added, referring to the Palm Beach, Florida resort owned by Trump that is regularly visited by the US president and his family.
Ossoff cited a Financial Times report that has revealed how, benefiting from inside knowledge pointing to the prospect of the aggression, US Secretary of War Pete Hegseth's broker looked to buy defense fund before Washington launched the attacks.
"A company owned in part by Eric and Don Jr. (Trump's sons) has been pitching [Persian] Gulf monarchies on its drone interceptors," he added.
"[Trump's son-in-law and advisor] Jared Kushner's already on the Saudi payroll to the tune of $2 billion. And he's been soliciting billions more from princes and sheikhs across the region, while leading negotiations on Iran," the senator added, apparently referring to Kushner's pledges of protecting the monarchies' and sheikdoms' interests in the negotiations in exchange for remuneration.
"And then there was the insider trading on oil. Did you all see this? Hundreds of millions of dollars in oil futures," Ossoff said, adding, "Just minutes before a presidential Truth Social post moved the price of oil 13%. Now, I don't know who placed those trades. But I'll tell you this, the SEC (Securities and Exchange Commission) better find out."
Throughout the aggression, Trump would regularly use his Truth Social platform to make announcements concerning the trajectory of attacks targeting Iran. Numerous reports have said certain traders would use relevant advance knowledge to take advantage of pending market vicissitudes.
"And if they won't, when you elect this new majority in Congress and you give us gavels and subpoenas, we will. We will," Ossoff concluded.
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