The cash registers of the Trump family play while the financial collapse takes place

The collapse of the financial market was underway when President Trump climbed aboard the Air Force One while going to Florida on Thursday for a sort of Doubleheader: a golf tournament resting with Saudi at the Miami Resort of his family and a weekend of farms of funds that attracted hundreds of donors in his Palm Beach Club.

It was a new reminder that in his second term, Mr. Trump continued to find a way to guide business for his family -owned real estate initiatives, a practice that he also supported when his work in Washington caused financial turbulence all over the world.

The monetization weekend of the Trump family began on Thursday evening, when the crowd began to form both in the Trump National Doral Resort near Miami International Airport and separately in its Mar-A-Lago resort at 70 miles along the coast.

Mr. Trump landed on the edge of one of the golf courses in a military helicopter – just in time for a dinner in Doral. The next day, Liv Golf, the professional championship on the run supported by the sovereign Wealth Fund of Saudi Arabia, had to organize a tournament on the field for the fourth time.

Thursday in Mar-A-Lago, hundreds of The guests gathered For the American Patriots Gala, a collection of conservative funds that presented the National Secretary of National Security Kristi Noem e President Javier Milei d’Argentinawho said his supporters He returns home who hoped to find himself with Mr. Trump while he was there, apparently unaware that Mr. Trump had been booked at double booking for two of his family properties that night.

And that was only the advantage of the weekend.

Mr. Trump ordered New set of global rates Wednesday from the White House using his Sharpie pen, a version of which is on sale in Mar-a-lago for $ 3.

The announcement has unleashed one of the greatest market arrests in American history, erasing $ 5 trillions of market value by the companies of the ‘P 500 in just two days. Trump said that his policy would reverse what he calls unfair commercial practices and that in the end the “markets will boom”.

On Friday, while the markets continued to fall, thousands of golf enthusiasts visited Doral, as well as Eric Trump, the son of Mr. Trump and Yasir al-Remayyan, the governor of Saudi Arabia $ 925 billion Sovereign wealth fund. Al-Rumayyan is also the president of Liv Golf and was there to see his stars compete.

“It’s a nice club,” said Al-Rumyyan as he walked for the golf course looking at the players who put out.

Golf Liv – a company intended to raise the Saudi profile all over the world even if it has burned hundreds of millions of dollars of state funds – is designed as a one -day party, with club music pumping out of the speakers of tournaments and machines that dispense large wine and beers. Friday, fans saw some golf and danced at the edges of the field. Others with sorceress hats walked to smoke cigars.

In short, economic turbulence seemed far away.

“You’re all a little too rigid!” Matt Rogers, a Golf presenter of Liv, said, while screaming in a microphone, blowing his message through the Greens while the first group of golfers on Friday was preparing to play with the dance music blowing in the background. “You have to raise it! This is Liv Golf.”

Each Room of the Trump Doral of 643 rooms, including the presidential suite of $ 13,000 per night, was exhausted during the weekend. It was not possible to find a place at the Blt Prime Steakhouse Bar, where a porterhouse steak costs $ 130.

“This is the perfect place,” said Eric Trump while walking in the golf course on Friday.

He had led his father in a golf trolley from the military helicopter to the resort dinner the day before, while the celebrations during the big weekend in cash were starting.

The president spent a lot on Friday in another office of Trump Family, Trump International Golf Club, not far from Mar-A-Lago, sending Social media messages During the day, including “this is a great time to become rich, richer than ever”.

On Friday evening, the center of attention had returned to Mar-A-Lago, while Mr. Trump kept another one in a series of 1 million dollar dinners in his private club in Palm Beach.

Since he was elected in November, Trump has hosted at least four of the funds of funds, including one in December, two in March And on Friday evening, with a fifth scheduled for April 24th.

Fondi crops take place in similar ways, according to the people who attended them.

About 20 people gather around a candlelit table with large white flowers in the “white room and gold” of the club after a photographic session. Mr. Trump speaks, so listen to guests who discuss their activities, one by one. In just an hour or two, he can collect up to $ 20 million – a great return to his investment in time, the members say.

The participants in some of the post-electoral dinners in Mar-A-Lago hosted by Maga Inc., one of the Mr. Trump fundraising political action committees, included the owner of the casino Miriam Adelson, the sugar magnate Pepe Fanjul and James Taiclet, CEO of Lockheed Martin, the largest contractor in the world, together with the representatives of the crypties and energy.

Friday, Ronald S. Lauder, the heir of the cosmetics, and Steve Wynn, former manager of the casino, both billionaires, were among the guests of the raising of Mar-a-lago funds, according to two people informed on the matter. They spoke on condition of anonymity because they were not authorized to discuss the event.

The dinners were only the beginning. Mar-a-lago remains a Popular site for republican Candidates to host their funds show the registers of the Federal Electoral Commission. It is not clear to some Republicans because Mr. Trump raised funds so aggressively, according to eight people involved in the collection of conservative funds that have held trace of his efforts by Mr. Trump. Never before before a president not admissible for the re -election has aspired so much money for a Super Pac.

Some of the members of Mr. Trump believe that it is prudent to raise funds when the money is available, since company interests and others try to access the president or to make ancest for the perceived slides, the people close to him recognize.

The agendas crowded in the two Trump offices recalled the constant buzz and expenses by lobbyists, members of the congress and foreign leaders at the Trump International Hotel in Washington before the Trump family sold his lease contract After Mr. Trump’s first term.

In addition to the Saudi sovereign sovereign wealth, the best sponsors of the Doral Golf tournament included Aramco, The Saudi Oil Company; Riyadh Air, the airline owned by Sovereign Wealth Fund; and Tiktok, the Chinese social media company whose fate Mr. Trump is helping to decideAccording to a large advertising billboard outside of one of the curtains of the event feast.

Mr. Trump-cle goods stores are at least three to golden, even doing quick business, selling everything from a $ 550 trump branded bag on board golden packs of $ 18 made in China. The shop employee said he did not know if new rates on imported products mean price increases.

Fans of the crowd said they had traveled to South Africa to participate in the event. Some have purchased special tickets that cost up to $ 1,400 to participate in exclusive festive areas with free drinks and food – tickets sold out since Saturday.

In the interviews, the participants in the tournament and others said they did not matter the disconnection between the collapse of Wall Street and the events to the properties of Trump.

“The sky is falling every day,” said Mike Atwell, an owner of a width key, in Florida, who was participating in the Liv event with his wife who enjoyed lunch and drinks. “When you’re happy, drink. When you’re sad, drink. Everything works.”

Tyrell Davis, a 39 -year -old entrepreneur who spent on Saturday afternoon in Palm Beach, said he admired Mr. Trump for focusing on his activities, also implementing the rates he believed would have benefited the Americans.

Davis said that the United States had given money to other countries for years without investing in American cities and that he only made sense that Mr. Trump would continue to strengthen his activities while he was in office.

“These are business and money,” said Davis. “Here’s what it is. America is a business. It is a company.”

On Saturday, while the tournament continued in Doral, Trump showed up in another family golf course, in Jupiter, Florida, who holds his most modest tournament.

The good news was announced by the staff of the White House: “The president won his matchup of the second round of the Senior Club Championship today in Jupiter, Florida, and advances the Sunday championship round on Sunday”. Journalists and photographers were forbidden to see him play and were kept on the street in a cafeteria.

While Mr. Trump returned to Mar-A-Lago, one of his political committees issued an offer to his followers: they could buy a replica signed by his executive order that changed the name of the Gulf of Mexico in the Gulf of America. The minimum contribution was $ 50. “I want you to have a piece of history in your home,” Trump said in the stress.

The White House has therefore announced that on Saturday there would be no more public events.

Maggie Haberman Reports contributed by New York.