Ben Protess

United States

Reporter at The New York Times

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Articles

Cryptocurrency firm World Liberty Financial pose conflicts of interest for Trump

4 weeks ago | afr.com | Eric Lipton |David Yaffe-Bellany |Ben Protess

Eric Lipton, David Yaffe-Bellany and Ben ProtessMay 9, 2025 – 5.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald Trump’s presidential inauguration.
The Rise of Trump's Crypto Firm

1 month ago | orlandosentinel.com | Eric Lipton |Ben Protess |David Yaffe-Bellany

The pitch from "ZMoney" arrived on the encrypted messaging app Signal just days before Donald Trump's presidential inauguration. "ZMoney" was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Trump and his sons had recently unveiled. Folkman was writing to a crypto startup in the Cayman Islands, offering a "partnership."But there was a catch, The New York Times found.
How Trump's crypto empire is reshaping presidential norms

1 month ago | nzherald.co.nz | Eric Lipton |David Yaffe-Bellany |Ben Protess

Home / BusinessBy Eric Lipton, David Yaffe-Bellany, Ben ProtessNew York Times·30 Apr, 2025 08:39 AM19 mins to readSubscribe to listenAccess to Herald Premium articles require a Premium subscription. Subscribe now to listen. Already a subscriber? Sign in hereListening to articles is free for open-access content—explore other articles or learn more about text-to-speech. ‌SaveShare this articleReminder, this is a Premium article and requires a subscription to read.
The Rise of Trump's Crypto Firm

1 month ago | nytimes.com | Eric Lipton |David Yaffe-Bellany |Ben Protess

Credit... Illustrations by Ricardo Tomás World Liberty Financial has eviscerated the boundary between private enterprise and government policy in ways without precedent in modern American history. Credit... Illustrations by Ricardo Tomás The pitch from "ZMoney" arrived on the encrypted messaging app Signal just days before Donald J. Trump's presidential inauguration.
Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm

1 month ago | flipboard.com | Ben Protess

NowStocks slip as Amazon and the White House clash on tariffsStocks opened mixed Tuesday as investors sorted through a flood of earnings reports and a fresh round of political drama. The S&P 500 slipped 0.2%, while the Nasdaq dropped 0.3% amid ongoing tech volatility. The Dow Jones Industrial Average hovered near flat.
Trump Directs Sons to Fire Trump Org. Lawyer Because of Harvard Ties

1 month ago | nytimes.com | Maggie Haberman |Ben Protess

The move to dismiss William A. Burck underscored both the entanglements between Mr. Trump's presidency and company and the degree to which he will look to target people he believes have wronged him. President Trump on Thursday directed his sons to fire an outside ethics counsel for the family business because the lawyer also represents Harvard University, one of Mr. Trump's targets in his crackdown on the nation's top colleges. In a social media post, Mr. Trump said the lawyer, William A.
Trump shifted on tariffs after bond holders got jittery. He held millions himself.

1 month ago | afr.com | Ben Protess |Andrea Fuller |Joe Rennison

Ben Protess, Andrea Fuller and Joe RennisonApr 19, 2025 – 10.01am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? When President Donald Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. “I was watching the bond market,” he said. “The bond market is very tricky.”Loading...
Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.

1 month ago | nytimes.com | Ben Protess |Andrea Fuller |Joe Rennison

As of August, the president's investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs. When President Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. "I was watching the bond market," he said. "The bond market is very tricky."Mr. Trump should know - he had a big personal stake in it.
Trump Close to Winning Concessions From More Law Firms

1 month ago | nytimes.com | Ben Protess |Maggie Haberman |Michael Schmidt

Mr. Trump's push for the latest flurry of agreements represents an escalation of his crackdown on an industry that has drawn his ire for its role in seeking to hold him and his allies to account or opposing him politically. Mr. Trump started going after firms last month by issuing financially punitive executive orders.
How Trump is putting law firms in a no-win situation

1 month ago | afr.com | Ben Protess |Maggie Haberman |Michael Schmidt

Ben Protess, Maggie Haberman and Michael S. SchmidtApr 10, 2025 – 12.43pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Willkie Farr & Gallagher last week became the latest law firm to strike a deal with the White House and escape President Donald Trump’s wrath.