President Donald Trump has seen no shortage of high-profile defections in recent months, and another came on Monday, this time from a former friend who referredPresident Donald Trump has seen no shortage of high-profile defections in recent months, and another came on Monday, this time from a former friend who referred

Former Trump pal tears apart 'mob boss' president

2026/05/26 04:33
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump has seen no shortage of high-profile defections in recent months, and another came on Monday, this time from a former friend who referred to the Commander in Chief as a "mob boss."

Media personality Geraldo Rivera spent decades as a close personal friend of Trump’s, having met him in the 1970s. While the two have had their ups and downs over the years, last week’s announcement that a “slush fund” would be created for the likely benefit of convicted J6 rioters seems to have been a bridge too far for Rivera, who has taken to social media to share his thoughts on the matter.

“President Trump notoriously believes that what goes around comes around, or in his words, ‘When people treat me unfairly, I don't let them forget,’” posted Rivera. “Spoken like a true mob boss.”

He went on to explain that while he does think that Trump has himself been the target of politically motivated prosecution in the past, for alleged crimes like colluding with Russia and mishandling classified documents, “these examples are a far cry from rewarding a gang of thugs who after trashing the Capitol dare call themselves patriots.”

The $1.776 billion “anti-weaponization” fund was announced as part of a settlement in the president’s $10 billion lawsuit against the IRS, and also included language that would bar the IRS from auditing Trump or his family “forever.” Supposedly created to reimburse those who were “harmed” by the Biden administration, it has been broadly interpreted as a means of rewarding those arrested for crimes during the January 6th insurrection. Many J6ers have already declared their intentions to file for as much as $30 million.

This was too much for Rivera, who wrote, “To compensate those convicted and punished by the government for their actions on that dark day, he is in effect proposing a slush fund… President Trump apparently intends to reward everyone who stormed the Capitol, including those who crawled their way up the exterior, busted out windows and doors, assaulted cops and defaced our nearly 250-year legacy of constitutional democracy. Trump believes those vandals are the real victims of what he believes the weaponization of the legal system.”

While Rivera supported much of Trump’s actions during his first term, the latter’s attempts to overturn the 2020 election caused the former to ditch the president, prompting him to endorse Kamala Harris in 2024. Over the course of Trump’s second term, however, Rivera has been hesitantly supportive of much of what he’s done. But the slush fund appears to have caused him to reject Trump once again.

“Hopefully it's not going to happen,” Rivera said of the fund. “For the first time since Trump was elected to his second term, to begin what even his friends believe to be an imperial presidency, Republicans in Congress are standing up to him. They adjourned Congress and fled the capital before Memorial Day to escape having to ratify this noxious ploy.”

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$2.052
$2.052$2.052
-1.95%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart

AI Strategy: Powered 24/7

AI Strategy: Powered 24/7AI Strategy: Powered 24/7

Generate automated strategies using natural language

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Binance Perpetual Futures Revolution: QQQ and Major US Stocks Enter Crypto Derivatives Market with 10x Leverage

Binance Perpetual Futures Revolution: QQQ and Major US Stocks Enter Crypto Derivatives Market with 10x Leverage

BitcoinWorld Binance Perpetual Futures Revolution: QQQ and Major US Stocks Enter Crypto Derivatives Market with 10x Leverage In a groundbreaking move that bridges
Share
bitcoinworld2026/04/02 18:00
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Gold Spot Volume on Binance Surges to $80M as Demand Extends Beyond Futures

Gold Spot Volume on Binance Surges to $80M as Demand Extends Beyond Futures

TLDR: Gold spot trading on Binance reached nearly $80M shortly after launch, showing rapid market adoption. Despite a 15% correction, gold continues attracting
Share
Blockonomi2026/04/02 18:18

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!