The Dictatorship
The Trump family’s conflicts of interest are of no interest to Fox News
ByMatt Gertz
Fox News programs that fixated on the international business interests of Hunter Bidenformer President Joe Biden’s son, are utterly uninterested in the voluminous conflicts of interest between President Donald Trump and his family members and the Persian Gulf states affected by his strategically disastrous war of choice against Iran.
The president, his eldest sons, Don Jr. and Eric, and his son-in-law, Jared Kushner, are enmeshed in a sprawling set of business deals in Saudi Arabia, the United Arab Emirates, Oman and Qatar. Those deals often involve members of the royal families of those states or the entities they control.
But since just before the beginning of the year, as Trump’s saber-rattling led to U.S. military deployments and became the war launched by American and Israeli forces on Feb. 28, through April 8, Fox’s evening programs that air from 5 p.m. to midnight ET have referenced such Trump family conflicts of interest only twice — both of which were passing mentions, and neither of which came during a discussion of the Iran conflict — according to a Media Matters review of the Nexis transcript database.
No substantive evidence ever emerged that Joe Biden profited from Hunter Biden’s foreign business dealings.
Many of the network’s highest-rated hosts carried out a yearslong obsession with what Fox host Sean Hannity described as the “Biden Crime Family,” mentioning Biden’s son at least 13,440 times over a period of less than 16 months of Biden’s presidency. Their feverish conspiracy theory postulated that Hunter Biden had served as a “bag man” for his father, soaking up money funneled from foreign entities and kicking a share back to Joe Biden, who would then use his elected office to help his son’s business partners.
No substantive evidence ever emerged that Joe Biden profited from Hunter Biden’s foreign business dealings. The dealings in question largely occurred when Joe Biden was a private citizen, and the primary instance the conspiracy theorists have cited as evidence of him taking state action on behalf of one of his son’s clients — that he, as vice president, pushed for the removal of Ukraine’s top prosecutor in order to benefit one of his son’s clients — was manifestly bogus.
But Trump and his family members appear to have adopted influence-dealing on a dramatically larger scale than the Biden family was ever accused of. And the Trumps’ sprawling set of business deals with Gulf state royals and the sovereign wealth funds they control cannot be disentangled from the president’s decision-making in launching and continuing a war of choice against Iran.
Saudi Arabia and the UAE reportedly urged Trump to launch the war against Iran, and both states reportedly pressed the U.S. to protect them by escalating the conflict “until Iran is decisively defeated.” Qatar, meanwhile, traditionally serves as the regional intermediary between the Iranian regime and Western governments, and has pushed for negotiations.
Those states aren’t just U.S. allies whose views must be weighed by American leaders — their leaders have spent the past few years enriching the president’s family.
In perhaps the most noxious of the myriad entanglementsSheikh Tahnoon bin Zayed Al Nahyan — an Abu Dhabi prince known as the “spy sheikh” for his leadership of the UAE’s intelligence service — secretly agreed to buy a huge stake in a crypto company partially owned by the president and his family, paying $500 million in what The Wall Street Journal described as a “hugely profitable” deal for its founders.
The dealing is so egregious that it even raised eyebrows in Trump-friendly circles. “You know what the difference is between the Biden family business and the Trump family business?” Fox News contributor Andrew McCarthy asked in a February piece for National Review. “You’d have to add two digits to the sum of Biden abuses of power, foreign entanglements, and corruption alleged in the report to get near what Trump has raked in just from the UAE.”
But that’s just one of numerous business deals in the Gulf involving the president’s family.
The network’s evening programs have mentioned the Trump family’s myriad Gulf state conflicts just twice since late last year.
The Trump Organization, which the president owns and Eric and Don Jr. oversee, is partnering with a developer who has ties to the Saudi government on a series of Trump-branded real estate projects in Saudi Arabia, the UAE, Qatar and Oman — including a $7 billion development deal financed by the Saudi Arabian Public Investment Fund, whose board of directors is headed by Saudi Crown Prince Mohammed bin Salman.
Kushner’s private equity fund received a $2 billion investment from the Saudi PIF — reportedly forced through by bin Salman over the board’s objection — as well as $200 million from the UAE.
The Qatari royal family gave Trump a $400 million “super luxury Boeing 747-8 jumbo jet” to serve as Air Force One.
The Associated Press reports that Powerus, a Florida-based drone manufacturer partly owned by Don Jr. and Eric, is reportedly “trying to sell” defensive drone interceptors “to Gulf countries while they are under attack by Iran and dependent on the U.S. military led by their father.” (Powerus co-founder Brett Velicovich told the AP that the company “is doing many demos across the Middle East right now” but did not name the specific countries.)
The Trumps and the White House claim that all of these actions are above board.
In December 2024, Eric said of potential conflicts of interest, “I have no interaction with Washington, D.C. I want no interaction with Washington, D.C.” Don Jr. denied trading on his father’s name in a May 2025 statement to The New York Timessaying, “It’s laughable that the left-wing media thinks that I should lock myself in a padded room while my father is president and cease doing what I’ve been doing for over 25 years to earn a living and provide for my five children.” In an October 2025 CBS News interview alongside Middle East special envoy Steve Witkoff, Kushner brushed off ethical concerns, saying, “What people call conflicts of interests, Steve and I call experience and trusted relationships that we have throughout the world.” And in November 2025, White House press secretary Caroline Leavitt denied the president and his family are compromised by business interests, insisting it is “frankly ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit.”
For Fox News, their word is apparently sufficient. The network’s evening programs have mentioned the Trump family’s myriad Gulf state conflicts just twice since late last year.
In the first instance, Jessica Tarlov, the Democratic co-host of the panel show “The Five,” raised the issue of “Donald Trump and his family, their corruption” while discussing the president’s poor polling performance during a Feb. 10 segment about the midterm elections.
“This story [Fox contributor] Andy McCarthy is doing a series for the National Review on it,” she said. “All the crypto money that they’re taking in from the [United Arab Emirates] and others is a really big deal.”
The only other Fox News mention of the Trump family’s conflicts of interest in the Gulf that our study found came during a segment on Trump’s planned presidential library-hotel that aired on the network’s flagship, ostensibly straight news broadcast, “Special Report.”
“Guests will be welcomed into the lobby by Air Force One, presumably the Boeing 747 gifted by Qatar,” Fox correspondent Aishah Hasnie said during the March 31 news package.
When an interviewer asked “Special Report” anchor Bret Baier last year if the news media should provide the business dealings of Trump’s sons with the same scrutiny they gave those of Hunter Biden, he replied, “100%.”
“If you’re going to play it one way, you’ve got to play it another way and you’ve got to cover all of those things,” he said.
But that’s not how things have played out on Baier’s network, even with the alleged corruption far more direct, the sums vastly larger and the potential consequences far more dire.
Matt Gertz
Matt Gertz is a senior fellow at Media Matters for America, a progressive research center that monitors the U.S. media. His work focuses on the relationship between Fox News and the Republican Party, media ethics and news coverage of politics and elections.
A Republican congressional candidate Jackson Lahmeyer has dropped out of a runoff for a U.S. House in Oklahoma following reports that he had sent intimate text messages to a woman who was not his wife.
“After prayerful consideration with my wife, Kendra, and my team over the last twenty four hours, I’ve made the difficult decision to suspend my campaign for Congress,” Lahmeyer, a candidate for Oklahoma’s 1st Congressional District, said in a statement Wednesday.
“I do not want to be a distraction to my family, my church, and the great people of Oklahoma’s 1st Congressional District, who deserve a strong conservative voice representing them in Washington,” he added.
President Donald Trump initially endorsed Lahmeyer, whom he called a “MAGA Warrior,” in May but withdrew his support following the controversy. Soon after, Trump endorsed Lahmeyer’s opponentMark Tedford, who now becomes the Republican nominee by default.
“I greatly appreciate Jackson Lahmeyer’s hard work under difficult circumstances — He has always been with me, and I will always be with him,” Trump wrote on Truth Social Wednesday. “But, when it comes to the current Congressional race for Oklahoma’s 1st Congressional District, I will be supporting America First Patriot, Mark Tedford. Mark is Pro Trump and MAGA all the way!”
Lahmeyer, a pastor Sheridan Church in Tulsa, centered his congressional campaign around his Christian faith.
Lahmeyer dropped out of the race after the Daily Mail reported Sunday that he had exchanged numerous romantic text messages with Caitlin Simmons Key, who worked as a fundraiser for his campaign. In one text message obtained by the Daily Mail, Lahmeyer allegedly invited Key into his hotel room. Key also alleged that Lahmeyer once professed his love to her.
“There’s a real problem with the fact that he’s married and a pastor,” Key told the outlet. “There is a responsibility when you are leading people in the name of Christ to hold yourself to a higher standard.”
Erum Salam is a breaking news reporter for MS NOW, with a focus on how global events and foreign policy shape U.S. politics. She previously was a breaking news reporter for The Guardian.
President Donald Trump has digitally signed the memorandum of understanding with Iran while at dinner in Versailles with French President Emmanuel Macron, Pakistani Prime Minister Shehbaz Sharif announced Wednesday.
Iranian President Masoud Pezeshkian also digitally signed the memo, according to Sharif.
The agreement between the United States and Iran establishes a framework for negotiations aimed at permanently ending the conflict, which began when Trump and Israeli Prime Minister Benjamin Netanyahu directed a joint attack on Iran on Feb. 28.
Sharif said in a statement the agreement now goes into “immediate effect.” He noted that the first steps are for Tehran to “instantly reopen” the Strait of Hormuz and for the U.S. to “immediately lift” its naval blockade against Iran in the strait.
“The signing of this agreement at the highest level of the respective governments demonstrates the commitment of both sides to a diplomatic resolution of the conflict,” Sharif said in a statement.
Officials will hold a formal signing ceremony in Switzerland on Friday, Sharif said. A U.S. official did not respond to MS NOW’s questions on if an official document of the agreement will be released to the public.
According to the memothe U.S. and Iran have agreed to finalize a deal within 60 days, “extendable with mutual consent.” The agreement also calls for an “immediate and permanent termination of military operations on all fronts, including in Lebanon.”
Despite the memo’s explicit inclusion of Lebanon, Israeli leaders and U.S. officials continue to offer conflicting views on how that will be implemented. U.S. Ambassador to Israel Mike Huckabee said Israel’s war against the Iran-backed militant group Hezbollah is not part of the agreement, while Netanyahu vowed to remain in “security zones” in southern Lebanon.
Iran has also reaffirmed that it would not “procure or develop nuclear weapons,” which was a central issue Trump cited when defending the conflict in Iran. Both the U.S. and Iran also agreed to discuss how Tehran will dispose of its highly enriched uranium stockpile, with supervision from the U.S. and the International Atomic Energy Agency.
The agreement also includes an end to the U.S.’ naval blockade against Iran in the Strait of Hormuz, one of the world’s most important maritime trade routes, with a goal of restoring pre-war maritime traffic to the region.
“May this Memorandum of Understanding serve as an enduring foundation for greater understanding, mutual respect and shared prosperity for the complete region,” Shebaz said.
Emily Hung is an associate White House producer for MS NOW.
Erum Salam is a breaking news reporter for MS NOW, with a focus on how global events and foreign policy shape U.S. politics. She previously was a breaking news reporter for The Guardian.
The Dictatorship
The more Senate Republicans learn about Trump’s Iran deal, the more they don’t like it
Republicans started the week on Capitol Hill already uneasy about President Donald Trump’s still unreleased plan to end the U.S.-Iran war.
But by Wednesday, as details of the memorandum of understanding finally began to emerge, the unease turned into outright opposition.
“This is the worst foreign policy blunder in decades,” Sen. Bill Cassidy, R-La., posted online.
Cassidy, who recently lost his re-election bid to a Trump-backed primary challenger, said that under the memorandum, “Iran’s nuclear ambitions were not curbed, and they have learned that threatening the Strait of Hormuz works and will undoubtedly leverage it in the future.”
“Now, Iran gets to build brand-new infrastructure under this deal,” he added.
Sen. Thom Tillis, R-N.C., who is not seeking re-election, argued the memorandum falls short given the costs of the conflict.
“We’ve lost two F-18s, several other air frames, 13 people have died, several of our Middle East partners have been attacked, 365 people have been injured,” Tillis told MS NOW, adding that the the U.S. had spent “$100 billion has been spent since the first kinetic strike.”
“I need more than 14 [bullet] points,” he said.
He later added that anyone who “is gushing over it being a great plan, I think, have insufficient information. Anybody complaining that it’s a bad plan, have insufficient information.”
According to a senior U.S. official, the memorandum — signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad-Bagher Ghalibaf — outlines a list of commitments as the two sides kick off 60 days of negotiations on a final deal.
In addition to the U.S. ending its naval blockade and the Iranians reopening the Strait of Hormuz, the memorandum calls for the U.S. to take steps to “terminate all types of sanctions against the Islamic Republic of Iran.”
It calls for the U.S. to work with other Middle East partners to “develop a definitive, mutually agreed plan with at least $300 billion for the reconstruction and economic development of the Islamic Republic of Iran.” And the MOU says that “Iran will maintain the current status quo of its nuclear program, and the United States of America will not impose any new sanctions and will not deploy additional forces in the region.”
In particular, the $300 billion proposal is the source of GOP angst — even from some of the president’s fiercest defenders.
“History teaches that giving billions of dollars to theocratic lunatics who want to murder us is not a good idea,” Sen. Ted Cruz, R-Texas, told reporters. “I think the president is receiving some very poor advice on this deal.”
His Texas colleague, Republican Sen. John Cornyn, told MS NOW, “I don’t like that part of the deal.”
He noted, “The president has the authority to negotiate,” but he added that Congress should have an “oversight role.”
While some Republicans were outright critical, many others tried a more tactful approach. Many said they were still waiting for more information.
Sen. Todd Young, R-Ind., told MS NOW he needed to “see the details” before really commenting on the emerging deal. But when pressed on some of the leaked details, he said the U.S. needed to “tighten the thumb screws if we want to get the sort of concessions required to secure or remove the nuclear material.”
Asked about the $300 billion reconstruction fund for Iran, which is supposed to be paid for by private investments from other countries, Sen. Lisa Murkowski, R-Alaska, said she was waiting to hear about a “corresponding win” for the U.S.
She said she wanted the Trump administration to present the deal to lawmakers “with an opportunity for us to actually ask those questions.”
And Senate Majority John Thune, R-S.D., who told reporters Wednesday that he still had not seen the final text, said, “There’s a bunch of things in here that I think we’re going to have questions about.”
“I need to hear more about it, and what the ideas are for implementation, and what the enforcement compliance mechanisms are,” he said.
To be sure, only a handful of Republicans directly praised the memorandum. Sen. Bernie Moreno of Ohio, told MS NOW he was “very happy” with the deal.
“I think it’s historic,” he said.
And Sen. Tommy Tuberville, R-Ala., told MS NOW he “would think” the memorandum is better than the Iran nuclear deal crafted during the Obama presidency.
But most Republicans approached by MS NOW insisted they had not yet seen the memorandum and therefore wanted to refrain from comment — even when MS NOW pressed about the topline aspects of the plan, like sanctions relief and the potential for $300 billion in assistance.
“Haven’t had a chance to read it yet. I’m sorry,” said Sen. Cynthia Lummis, R-Wyo.
“I’m not going to comment if I haven’t read it,” said Sen. John Curtis, R-Utah.
“I don’t know what’s in it yet, and that’s critical,” Sen. Susan Collins, R-Maine, told MS NOW. “I haven’t had a classified briefing yet, and that’s critical.”
But as Republicans learn more details about the agreement, reactions generally haven’t been positive. After spending years blasting the Obama-era Iran nuclear deal — particularly for the agreement sending “pallets of cash” to the Iranian regime — Republicans may have trouble swallowing some of the concessions in this agreement, even if it’s just a temporary deal paving the way to a larger pact in 60 days.
As Democrats have been pointing out, it will be practically more difficult for Trump to walk away from negotiations in August, with the pressure of midterms increasing and the prospect of higher gas prices more daunting.
In general, Democrats have cast the memorandum as an “abject failure,” though they’ve couched that disappointment with an insistence that they’re happy about a potential end to hostilities.
Sen. Tim Kaine, D-Va., who in recent months has spearheaded a Democratic effort to curtail the president’s war powers in Iran, said it sounded like “we’re giving a lot more to get a lot less than we got in the JCPOA” — a reference to the Obama-era deal, which was formally named the Joint Comprehensive Plan of Action.
Sen. Chris Coons, D-Del., told MS NOW that “by virtually every goal that President Trump announced when this war began” — from regime change to cutting off Iran’s support for its proxies in the region to collecting the country’s nuclear material — “he’s failed.”
In particular, Coons took issue with the proposed sanction relief and the $300 billion for reconstruction, likening it to “rivers of cash to help the mullahs not just rebuild Iran but to build a stronger Iran.”
“I hope — but do not expect — to hear from my many colleagues who denounced the JCPOA as funneling ‘pallets of cash’ to Iran to similarly denounce this deal,” Coons said.
Trump has left himself some latitude on the deal — at least on the potential blame for a bad agreement.
On Wednesday, as he faced questions in France over the pending MOU, he explained why he continued to present Vance as a key negotiator of the deal.
“This way, if it works out, I’m going to take the credit,” Trump said. “If it doesn’t work out, I’m blaming JD.”
Julia Jester, Lillie Boudreaux, and Mychael Schnell contributed to this report.
Kevin Frey is a congressional reporter for MS NOW.
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