Senate Minority Leader Chuck Schumer (D-N.Y.) took aim at President Donald Trump's business record and political legacy on Monday, arguing that Trump has consistently profited from branding and controversy while posing broader risks to democracy and civil rights.
Schumer Calls Trump Presidency 'a Con,' Says 'You Pay, Trump Profits'
Get Market Alerts
Weekly insights + SMS alerts
Schumer Targets Trump's Business Record
In a post on X, Schumer shared a clip from his speech and wrote, "Trump Steaks. Trump University. Trump Airlines. Trump Coin. The Trump Presidency—all cons." He added, "The product changes. The con stays the same. You pay, Trump profits."
Democracy And Voting Rights
Schumer then shifted to democracy and civil rights, arguing that the country faces challenges beyond simple policy disagreements. "In Washington and across the country, extremists holding high office are working to erase Black history rather than learn from it, to take away voting rights instead of strengthening them, to divide us rather than unite us," he said. He added, "These are not simply disagreements over policy. No, they're not. These are challenges to the very idea that democracy belongs to all of us."
Schumer also referenced the Constitution's opening words, noting that "We the People" originally excluded enslaved people, women, and others, while arguing that generations of Americans have worked to make the nation "a more perfect union."
The White House did not immediately respond to a request for comment.
Trump Presidency Criticism Over Tax Law, Tariffs And Truth Social
Economist Justin Wolfers criticized Trump's tax law, saying promised tax breaks for tips, overtime, and Social Security were temporary carve-outs, while permanent benefits favored wealthy Americans. He called the policy "populism with an asterisk."
Canadian Prime Minister Mark Carney said Canada was prepared to deepen trade talks with the U.S. after new tariffs, calling them a USMCA violation and urging a resolution to reduce costs for families.
Sen. Adam Schiff (D-Calif) criticized Trump over reports that Truth Social could charge for early access to his posts, arguing it raised concerns about potential profits from market-moving presidential messages.
More News

Stock Market Today: S&P 500, Nasdaq 100 Futures Climb as Trump Warns Iran — MRVL, AAPL, ACN in Focus

Goolsbee Warns the Fed's Inflation Patience May Be Running Out as October Hike Odds Hold Above 50%

Iran Sends War-End Terms to Trump Via Qatar — Ex-Pentagon Official Says US May Read It as 'Surrender'

Arm Stock Jumps 13% as CEO Says AI Demand 'Never Been Stronger'

AMD Stock Hits Fresh Record High, Up 183% This Year

Bessent Pitches US-China AI Hotline Ahead of Trump-Xi Summit: 'We Want a Shared Vision'

Apple's iPhone 18 Demand Looks 'Fine,' but This Analyst Says the Stock Is 'Relatively Rich'

Gold to $5,000? Strategist Warns a Drop to $3,000 Comes First
Get Market News Alerts
Real-time alerts on price moves, news, and trading opportunities.
Join 20,000+ investors. No spam, ever.
Featured Articles
View all news
Stock Market Today: S&P 500, Nasdaq 100 Futures Climb as Trump Warns Iran — MRVL, AAPL, ACN in Focus

He Found Rolls-Royce Below $2. Now He’s Found His Second Unicorn. (Ad)

Goolsbee Warns the Fed's Inflation Patience May Be Running Out as October Hike Odds Hold Above 50%

Iran Sends War-End Terms to Trump Via Qatar — Ex-Pentagon Official Says US May Read It as 'Surrender'

Arm Stock Jumps 13% as CEO Says AI Demand 'Never Been Stronger'

AMD Stock Hits Fresh Record High, Up 183% This Year

Bessent Pitches US-China AI Hotline Ahead of Trump-Xi Summit: 'We Want a Shared Vision'






