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Shemitha Basu
Hey there, it's Shemitha. I've got a quick request for you. If Apple News Today is an essential part of your morning routine, follow the show in Apple Podcasts. And if you have another 30 seconds, leave us a rating and a review too. It helps other people find our show and it helps us know what you like about it. Thanks. Good morning. It's Wednesday, May 28th. I'm Shemitah Basu. This is Apple News Today. On today's show, aid distribution in Gaza gets off to a slow, chaotic start, Syrians struggle with reconciliation after Assad's fall, and RFK Jr says Covid vaccines are no longer recommended for children and pregnant women. But first, President Trump appears to be deepening his financial links to cryptocurrency. Yesterday, the parent company of Trump's social media platform, Truth Social, announced a series of deals to raise $2.5 billion, which it plans to invest in. Bitcoin, what began as a tech company, is seemingly moving toward financial services. It comes after the private crypto dinner Trump hosted that we mentioned last week on the show, and which sparked allegations that he was corruptly leveraging his position in power to score personally lucrative deals. People who attended the dinner spent a combined $148 million on Trump's crypto token just for the chance to be there. Crypto is only one piece of the Trump family's sprawling business empire. It touches everything from real estate to digital trading cards to apparel like watches and sneakers. Max Abelson with Bloomberg recently examined its scope.
Max Abelson
The thing to know about the Trump family's money making machine is that it is really big and that from our eyes, from our journalistic position, no modern American president has put their family in a position to make money like this.
Shemitha Basu
In fact, the scale of Trump's political comeback winning the White House after being impeached twice and losing the 2020 election, being criminally indicted four times and being convicted of felony crimes by a jury of his peers is perhaps matched only by the money making that's accompanied his return to power. Since the early days of his re election campaign, he has more than doubled his net worth to about $5.4 billion, according to Bloomberg.
Max Abelson
What we're seeing now is a new era of money making for the family.
Shemitha Basu
In previous administrations, presidents divested themselves from virtually all of their business interests or put them in a blind trust managed by an independent party, all to avoid conflicts of interest or even the appearance that they were making decisions for personal profit versus the public good. But Trump, in both of his terms, has handed off responsibility of his businesses to his children, and his assets are in a trust that's overseen by his oldest son, Donald Trump Jr. When reached for comment, Trump Jr. Told Abelson he doesn't think it would be fair to expect him to change his own personal business practices just because his father is president.
Max Abelson
Again, he said, look, it's essentially silly to expect me to change careers just because my dad is in power. You know, I've been a businessman all my life. Then the White House, they said, look, he is the most transparent president ever, and he sacrificed by stepping away from his empire, and that's the way he sees it, and that's fair. And we let readers know Trump's second.
Shemitha Basu
Term has also broken from some of the guardrails he put in place in his first term. Back then, the Trump Organization said it would not make any new foreign deals, but that's no longer the case. Now the organization is only restricting itself from deals with foreign governments. But in a number of instances, Abelson found that lines had been blurred.
Max Abelson
One thing we found is that their new projects include arms of governments. I'm thinking of Qatar, I'm thinking of Oman. You know, it's a little bit less direct. But even in Vietnam, the prime minister, I believe, sat down with one of the Trump Organization's financial partners. In Vietnam, it becomes harder and harder to say there is no connection at all.
Shemitha Basu
We'll include a link to Abelson's reporting in our show Notes, where you can see all of the deals the Trump family has made since he kicked off his 2024 campaign with the estimated sales value and revenue generation for each. Now to Gaza, where aid groups have warned that starvation is imminent for over 2 million Palestinians because Israel has overwhelmingly blocked aid since March. Yesterday, an aid effort backed by Israel and the United States got off to a chaotic start, with crowds of desperate people rushing to try to get food from distribution site. Daniel Estrin, reporting from Tel Aviv, explained for NPR how the system works.
Daniel Estrin
It involves American contractors, and instead of having food distributed in hundreds of points across Gaza, this group is going to be restricting that to four new zones, with Israeli soldiers guarding the perimeter and private contractors giving out boxes of food to families once a week.
Shemitha Basu
Israel proposed this system of aid distribution, claiming that Hamas was stealing supplies. It was a condition Israel set for lifting its blockade, which forced hundreds of soup kitchens and aid centers across Gaza to close, effectively pushing out all other aid groups except for the organization now running these new sites, which is called Gaza Humanitarian Foundation. And this plan has faced heavy criticism since it was announced. The executive director of GHF resigned in recent days, saying it would be impossible to deliver aid to Palestinians under this system without compromising basic humanitarian rules such as independence. Humanitarian groups that have been working in Gaza, including the United nations, have also warned this plan amounts to Israel weaponizing aid. Alex De Waal, the executive director of the World Peace foundation, told Reuters Israel would use facial recognition technology to target and screen those receiving aid. And that's one of the reasons why many Palestinians are avoiding the new aid sites altogether. One Palestinian woman told the BBC, quote, we are being forced to risk our lives just to feed our children. As desperate crowds rushed to an aid site yesterday, the IDF fired what it says were warning shots nearby, causing a moment of panic. Estrin told NPR this idea of highly targeted aid was devised by Israeli military veterans in the hope of starving Hamas to force them to release the remaining hostages in Gaza.
Daniel Estrin
Now, Israeli officials have also said publicly that the aim here is to get Palestinians to move south near Egypt as a step toward moving people to other countries. Israel's allies in Europe say that would be forcible mass displacement and they oppose it. And Hamas is warning Palestinians not to take food from this new U.S. backed group.
Shemitha Basu
Critics of this plan have also pointed out these GHF aid sites are exclusively in south Gaza, which raises questions about how vulnerable groups like the elderly, orphaned children and people who've been injured will be able to travel to distribution sites. Yesterday, the State Department spokesperson, Tammy Bruce defended the system, which she says has delivered close to half a million meals so far.
Tammy Bruce
Was this going to be like going to the mall or through a drive through? No, it wasn't. Because the issue here is getting aid to Gazans. And then suddenly it moves into complaints about style or the nature of who's doing it or elements of administration and being opposed to getting food and aid, as we've demonstrated here, is happening and will continue to happen because someone might feel left out is, I think, the height of hypocrisy.
Shemitha Basu
GHF says it plans to increase the flow of aid daily, but it still represents a fraction of what Gaza's population needs to survive. Let's turn now to Syria, where people are adjusting to life under the new president, Ahmed Al Sharra. In a major policy shift, Trump acknowledged and celebrated the new leader and removed sanctions against the country without preconditions. Al Sharra is a former militant commander, and the world is watching to see how he answers fundamental questions about his country's future, its system of government, economic priorities, and how it manages relations with its neighbors, most notably Israel. But for a new leader replacing a brutal regime, confronting the past can be just as important. The Washington Post's photojournalist Sawan Georgis told us about how Bashar Al Assad's dictatorship cast a long shadow that people are struggling to emerge from.
Sawan Georgis
Under the Assad rule, Syria became a civilian state where neighbors, colleagues, and even family members were pressured or rewarded sometimes to rapone on each other. And that has really left a huge distrust between people, has left deep scars.
Shemitha Basu
Assad ruled Syria for nearly 25 years, and his father controlled the nation before him. This past December, when the Assad regime was toppled by rebel forces, jails were emptied of political prisoners, and journalists gained access to files that had been hoarded by the government surveillance apparatus. They learned who had informed on who and what details had been shared.
Sawan Georgis
Sometimes the barbers were informant, sometimes doctors were informants. Everybody was an informant at some point in some neighborhoods. So the documents are very important. And Syrian new government has a huge task ahead to kind of go through them and bring justice to these people who still don't know who disappeared their family members.
Shemitha Basu
Georges told us about a man named Abu Ayman, a baker whose neighbors say was an informant for the Assad regime during Syria's civil war. Abu Ayman has since left Syria for neighboring Lebanon, but his family, who still lives there, is dealing with the aftermath of the accusations, which Abu Ayman has denied. One of Abu Ayman's sons told the Post he was shot at by neighbors who believe his father was responsible for the detention and torture of their family members.
Sawan Georgis
His son now faces community backlash, illustrating how the consequences of betrayal extend beyond individual but to entire family.
Shemitha Basu
In some cases, people who had been loyal to the regime tried to negotiate with their neighbors. One individual gave his apartment to rebel fighters. One family that a man blamed for his imprisonment showed up at his door to offer an expensive car.
Sawan Georgis
So in Syria, like the trial wasn't a crime, it was a currency. You know, the informant system didn't just break trust, it broke families, neighborhood, even childhoods. And no one knew who was watching them. I mean, sometimes it's even your family member that that's how far it extend.
Shemitha Basu
Some of George's sources told him aligning with the previous regime wasn't presented as a choice, but as necessary for survival. Under the new president, the Syrian government has set up so called reconciliation centers, places where former soldiers and intelligence agents can hand over their weapons in exchange for civilian ID cards. But George has told us it will take much more for true reconciliation to happen.
Sawan Georgis
Without justice, there's of course no peace, but without reconciliation there's no future. So Syria, I feel like it's not only about building its cities, it need to rebuild its soul.
Shemitha Basu
Before we let you go, a few other stories we're following. Health Secretary Robert F. Kennedy Jr. Says the US will no longer recommend the COVID vaccine for pregnant women and children. It comes a week after his department announced tighter regulations that will effectively limit new vaccines to the elderly and those at most risk of serious disease. The recommendation puts the US in line with some other similar countries, though the WHO continues to recommend getting vaccinated against Covid during pregnancy. The format and timing of the announcement was unusual. Normally, the CDC would meet and vote, and the Health and Human Services secretary would act on that recommendation. But Reuters reports the CDC's advisory committee has not voted on these changes. In higher ed news, the Trump administration has ordered a halt to all new scheduling appointments for student visas while the State Department reviews its online vetting policies of potential students, according to diplomatic cables seen by Politico. The State Department refused to confirm the story, but said the US Will use every tool it could to vet people coming to the United States. Right now, it's unclear what posts or statements would make an individual ineligible for a student visa, though Politico says the cable alludes to keeping out terrorists and battling anti Semitism. And finally, President Trump has announced he will pardon the reality TV couple Todd and Julie Chrisley, convicted for tax evasion and conspiring to swindle community banks. Their show Chrisley Knows Best, followed the family's lavish lifestyles in Atlanta as real estate moguls. But they were found to have defrauded banks out of more than $30 million and were sentenced to a combined 19 years in prison. Prosecutors said the two submitted false bank statements to obtain millions in personal loans before they became stars and spent the money on luxury cars, designer clothes, real estate and travel. You can find all these stories and more in the Apple News app. And if you're already listening in the news app right now, we've got a narrated article coming up next. From the Atlantic, a carpenter from Los Angeles shares the story of how he was shipwrecked and lost at Sea for 13 days on a raft after his fishing boat sank and the captain died. If you're listening in the podcast app, follow Apple News plus narrated to find that story. And I'll be back with the news tomorrow.
Apple News Today: The Deals Pushing the Trump Family’s Wealth to New Heights
Released on May 28, 2025
In this episode of Apple News Today, host Shemitha Basu delves into a range of pressing global and national issues. From the intricate financial maneuvers of the Trump family to the humanitarian crises in Gaza and Syria, the episode provides a comprehensive overview of current events shaping our world. Below is a detailed summary of the key discussions, insights, and conclusions presented in the episode.
The episode opens with an in-depth analysis of former President Donald Trump’s burgeoning financial ties to the cryptocurrency sector. Following the recent announcement by the parent company of Truth Social, Trump's social media platform, there is a significant push to raise $2.5 billion for investment in Bitcoin. This move marks a pivotal shift from Trump's origins as a tech company toward the broader financial services industry.
Key Points:
Cryptocurrency Ventures: Truth Social’s investment in Bitcoin signifies Trump's deeper involvement in the crypto market, building on the momentum from a controversial private crypto dinner attended by high-profile individuals who invested a total of $148 million in Trump's crypto token just for participation.
Diverse Business Interests: The Trump family’s business empire spans various sectors, including real estate, digital trading cards, apparel, and more. Max Abelson from Bloomberg highlights the unprecedented scale of this financial expansion.
Max Abelson (Bloomberg, 01:46): “The thing to know about the Trump family's money-making machine is that it is really big and that from our eyes, from our journalistic position, no modern American president has put their family in a position to make money like this.”
Net Worth Surge: Since launching his 2024 re-election campaign, Trump’s net worth has more than doubled to approximately $5.4 billion, according to Bloomberg.
Max Abelson (02:29): “What we're seeing now is a new era of money making for the family.”
Conflict of Interest Concerns: Unlike previous administrations where presidents divested from personal business interests or placed them in blind trusts, Trump has maintained his business ventures through his children, particularly Donald Trump Jr., raising questions about potential conflicts of interest.
Donald Trump Jr. (03:10): “It's essentially silly to expect me to change careers just because my dad is in power.”
Foreign Dealings: The Trump Organization has relaxed its previous restrictions on foreign deals, now only avoiding direct transactions with foreign governments. However, Abelson points out that this boundary is increasingly blurred with new projects involving government arms in countries like Qatar, Oman, and Vietnam.
Max Abelson (03:48): “In Vietnam, it becomes harder and harder to say there is no connection at all.”
Basu directs listeners to Bloomberg's detailed examination of the Trump family's deals, providing estimated sales values and revenue projections.
Shifting focus to the Middle East, Basu discusses the dire humanitarian situation in Gaza, where aid distribution has begun amidst significant challenges and political strife.
Key Points:
Imminent Starvation Threats: Over 2 million Palestinians in Gaza face the threat of starvation due to Israel’s extensive blockade since March, which has severely limited the flow of essential aid.
Aid Distribution Plan: A new initiative backed by Israel and the United States aims to distribute food through four restricted zones guarded by Israeli soldiers and managed by American contractors. This system has been met with chaos and desperation, as reported by Daniel Estrin from NPR.
Daniel Estrin (04:59): “It involves American contractors... with Israeli soldiers guarding the perimeter and private contractors giving out boxes of food to families once a week.”
Criticism and Resignation: The Gaza Humanitarian Foundation (GHF), responsible for the aid distribution, has faced heavy criticism. The executive director recently resigned, citing the impossibility of adhering to humanitarian principles under the current system.
Weaponization of Aid: Humanitarian groups, including the United Nations, accuse Israel of using aid as a tool to target Hamas, employing technologies like facial recognition to control and monitor aid recipients.
Alex De Waal (World Peace Foundation, 06:49): “[Israel] would use facial recognition technology to target and screen those receiving aid.”
Public Panic and Military Intervention: During the initial distribution phase, IDF forces fired warning shots near an aid site as desperate crowds surged, leading to moments of panic.
Daniel Estrin (06:49): “This idea of highly targeted aid was devised by Israeli military veterans in the hope of starving Hamas to force them to release the remaining hostages in Gaza.”
Official Defense vs. Criticism: While GHF aims to scale up aid distribution, they acknowledge it still falls short of Gaza’s needs. State Department spokesperson Tammy Bruce defends the initiative, emphasizing the delivery of nearly half a million meals.
Tammy Bruce (07:32): “...getting food and aid, as we've demonstrated here, is happening and will continue to happen because someone might feel left out is, I think, the height of hypocrisy.”
Strategic Objectives and Opposition: Israel intends to encourage Palestinians to relocate southward towards Egypt, prompting concerns from European allies about potential mass displacement and the right of Palestinians to receive aid without political motives.
Daniel Estrin (06:49): “Israeli officials have also said publicly that the aim here is to get Palestinians to move south near Egypt as a step toward moving people to other countries.”
Basu transitions to the evolving political landscape in Syria, highlighting the challenges faced by the new administration in fostering national reconciliation after the fall of Bashar al-Assad’s regime.
Key Points:
Political Transition: Following the overthrow of Assad in December, Syria has seen the release of political prisoners and increased access to previously restricted government files, revealing the extent of informant networks under the Assad regime.
Deep-Rooted Distrust: Sawan Georgis, a photojournalist with The Washington Post, underscores the pervasive distrust among Syrians, a legacy of nearly 25 years of Assad’s authoritarian rule where betrayal and informant revelations fractured communities and families.
Sawan Georgis (09:02): “Under the Assad rule... has really left a huge distrust between people, has left deep scars.”
Case Study - Abu Ayman: Georgis shares the poignant story of Abu Ayman, a baker accused of being an informant. Although Abu Ayman fled to Lebanon, his family remains in Syria, facing backlash and violence from neighbors who hold him accountable for past atrocities.
Sawan Georgis (10:04): “His son now faces community backlash, illustrating how the consequences of betrayal extend beyond individuals to entire families.”
Reconciliation Efforts: The new Syrian government has initiated reconciliation centers aimed at disarming former soldiers and intelligence agents in exchange for civilian IDs. However, Georgis emphasizes that true reconciliation necessitates justice and the healing of societal wounds.
Sawan Georgis (11:37): “Without justice, there's of course no peace, but without reconciliation there's no future. So Syria... needs to rebuild its soul.”
Challenges Ahead: Despite these efforts, the path to national healing remains fraught with challenges as Syria grapples with its traumatic past and seeks to establish a stable and unified future under President Al Sharra.
Beyond the primary topics, Basu covers several other significant news stories:
RFK Jr. on COVID-19 Vaccines: Health Secretary Robert F. Kennedy Jr. announced that the US will no longer recommend COVID-19 vaccines for pregnant women and children, aligning with some international counterparts. This decision follows tighter regulations limiting new vaccines to the elderly and high-risk groups. Notably, the CDC's advisory committee has not yet voted on these changes, raising questions about the decision-making process.
Student Visa Vetting Policies: The Trump administration has ordered a suspension of new student visa scheduling appointments as the State Department reviews its online vetting protocols. While the specifics remain unclear, diplomatic cables suggest a focus on preventing terrorism and combating anti-Semitism. The State Department emphasized its commitment to thorough vetting processes.
Pardons for the Chrisleys: President Trump announced the pardon of reality TV couple Todd and Julie Chrisley, who were convicted of tax evasion and bank fraud. The Chrisleys, known for their show Chrisley Knows Best, were sentenced to a combined 19 years in prison for defrauding over $30 million from banks through falsified statements to secure personal loans used for luxury expenses.
In this episode, Apple News Today provides a multifaceted exploration of current events impacting both the geopolitical landscape and domestic affairs. From scrutinizing the expansive financial strategies of the Trump family to highlighting humanitarian crises and political transformations in the Middle East, Shemitha Basu ensures listeners are well-informed about the complexities shaping today’s world. The inclusion of direct quotes and expert insights enriches the narrative, offering depth and clarity to each discussed topic.
For further details and access to full reports like Max Abelson's examination of the Trump family's business dealings, listeners are encouraged to refer to the show notes provided in the Apple News app.