Financial Lifeline for Donald Trump

SOURCE apnews.com
Axos Bank and its largest individual shareholder, Don Hankey, have provided over $500 million in financing to Donald Trump over the past two years, helping him pay off debts and profit. This financial lifeline has raised ethical concerns regarding the potential influence on a future Trump presidency.

Key Points

  • Axos Bank and Don Hankey provided over $500 million in financing to Donald Trump
  • The financing helped Trump pay off debts and profit from business deals
  • Ethics experts are concerned about potential influence on a future Trump presidency

Pros

  • Provided financial support to Donald Trump in a time of need
  • Helped Trump pay off debts and profit from business deals

Cons

  • Raises ethical concerns about potential influence on a future Trump presidency
  • Hankey and Axos Bank faced scrutiny and legal issues in the past