00:00It's Benzinga bringing Wall Street to Main Street.
00:02Ethics experts warn that President Trump's expansion into nuclear fusion
00:06creates conflicts of interest and risks the federal government favoring his business interests
00:11in clean energy, according to CNN. The deal links Trump financially to a company regulated
00:16by the federal government he leads. Trump media shares jumped 42 percent after the merger
00:22announcement, boosting the value of Trump's trust-held stake from $1.2 billion to more than
00:27$1.8 billion. Fusion companies may rely on federal loans, subsidies, contracts, and research
00:34to become viable, and the merger requires regulatory approval from officials, some nominated by
00:39Trump. Critics warn the merger could harm the public interest by giving Trump-backed T an
00:44unfair advantage through government favoritism rather than objective scientific evaluation.
00:49The White House dismissed conflict of interest concerns, saying neither Trump nor his family
00:54have engaged or will engage in conflicts of interest. For all things money, visit Benzinga.com.
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