Ed.
note:
Welcome
to
our
daily
feature,
Quote
of
the
Day.
America
voted
for
corruption,
and
that’s
what
Trump
is
delivering.
Trump’s
corruption
and
naked
profiteering
is
so
open,
extreme
and
pervasive
this
time
around
that
to
comment
on
any
one
aspect
of
it
would
be
to
lose
the
forest
for
the
trees.
The
very
idea
of
government
ethics
is
now
a
smoldering
crater.
—
Walter
Shaub,
former
head
of
the
Office
of
Government
Ethics
under
the
first
Trump
administration,
in
an
email
sent
to
CNN
in
the
wake
of
then
president-elect
Donald
Trump’s
memecoin
cryptocurrency
going
live
shortly
before
Inauguration
Day.
Trump,
who
has
now
taken
the
reins
as
president,
reportedly
made
a
great
deal
of
money
on
the
crypto
launch.
Professor
Richard
Painter
of
Minnesota
Law
echoed
Shaub’s
concerns,
telling
CNN,
“I
believe
it
is
very
dangerous
to
have
the
people
who
are
supposed
to
oversee
regulating
financial
instruments
investing
in
them
at
the
same
time.
There’s
no
precedent
for
a
head
of
state
to
launch
a
personal
cryptocurrency.”
Staci
Zaretsky is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
to
hear
from
you,
so
please
feel
free
to
email
her
with
any
tips,
questions,
comments,
or
critiques.
You
can
follow
her
on Bluesky, X/Twitter,
and Threads, or
connect
with
her
on LinkedIn.