~~ recommended by emil karpo ~~
Actually, it’s injustice for sale. Pay the fee and Trump will sign.
How to Fast Track a Presidential Pardon
The Wall Street Journal looks Inside the New Fast Track to a Presidential Pardon
President Trump had just awarded a posthumous Presidential Medal of Freedom for Charlie Kirk in October when his son ushered friends toward the Oval Office.
As a string ensemble played in the background, Donald Trump Jr. walked up with lobbyist Ches McDowell to chat with the president. Trump Jr. at one point pulled McDowell forward to shake the president’s hand, according to a livestream broadcast. After they went inside, McDowell took the president aside to discuss a pressing issue, according to people familiar with the matter: One of his clients was seeking a pardon.
The client was Changpeng Zhao, founder of the world’s largest crypto exchange, Binance. That afternoon, the president agreed to sign Zhao’s pardon, the people said.
Zhao was one of the beneficiaries of a new, informal path to presidential pardons that has become a feature of Trump’s second term, which allows some clemency applicants with deep pockets or politically connected lobbyists to circumvent the traditional pardon process.
The president formally signed the pardon for Zhao a week later, setting off an uproar in Washington. Democrats—pointing to steps Binance has taken that boosted the cryptocurrency company that Trump Jr. co-founded along with his father and brothers, World Liberty Financial—said the move amounted to brazen corruption. Several Republicans, including Sen. Thom Tillis of North Carolina and Trump donor Joe Lonsdale, said they were alarmed by it. Trump ally Laura Loomer called it a “terrible Pardon idea.”
For Binance, it was the culmination of a nearly yearlong effort to pursue clemency for its founder. It had paid lobbyists around $800,000 to lobby for a pardon, U.S. policy changes and other matters, according to federal records. It also approached other lobbyists about a pardon, offering success fees of as much as $5 million if they could help secure one, according to people familiar with the outreach. The company pleaded guilty in 2023 to violating anti-money-laundering rules and paid a $4.3 billion fine, and Zhao served a four-month prison sentence on a related charge. A pardon could make it easier for the company to return to the U.S. market.
The clemency for Zhao was one in a series of pardons in recent months that have surprised even some of the president’s closest advisers. This month alone, Trump pardoned a former Honduran president, Juan Orlando Hernández, who had been convicted of conspiring with cartels to ship 400 tons of cocaine to the U.S.; a Texas Democrat, Henry Cuellar, charged with taking nearly $600,000 in foreign bribes; and a sports executive, Tim Leiweke, who had been indicted by Trump’s own Justice Department.
Trump pardoned Hernández so quickly that White House chief of staff Susie Wiles and other senior officials had no advance notice—and even Roger Stone, a longtime Trump ally who had been pushing for the pardon, told people he was stunned by Trump’s speed. Stone said he wasn’t paid for his advocacy, which he said came after he had reviewed the case.
Trump had asked aides for months if Cuellar would flip to the Republican Party if he pardoned him, according to people familiar with the conversations.
Trump has spawned a pardon-shopping industry where lobbyists say their going rate is $1 million. Pardon-seekers have offered some lobbyists close to the president success fees of as much as $6 million if they can close the deal, according to people familiar with the offers.
Conservative operatives Jacob Wohl and Jack Burkman, who themselves pleaded guilty to felony telecommunications fraud in 2022, were paid $960,000 in the second quarter to lobby for a pardon for a former nursing-home operator who pleaded guilty to defrauding the government of $38 million. Trump pardoned the man, Joseph Schwartz, last month.
Binance paid McDowell $450,000 in the third quarter, during which he was registered to lobby for only 10 days. He said he wasn’t paid a success fee.
In an interview on CBS’s “60 Minutes” that month, Trump was asked about the Zhao pardon and the appearance of pay-for-play. “I know nothing about it because I’m too busy,” Trump replied. “I can only tell you this. My sons are into it. I’m glad they are, because it’s probably a great industry, crypto.” World Liberty’s website says the company is about 40% owned by a Trump family entity.
Merry Christmas
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