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Mark Cuban says Trump has turned the GOP into his family business
By Aditi Bharade,
3 days ago
Mark Cuban says Trump has turned the Republican Party into his own "family business."
"RNC? Here comes the daughter-in-law. You know who's going to speak for him? His two sons," he said to CNBC.
Cuban, a vocal Kamala Harris backer, has slammed Trump for his business ethics and core values.
Mark Cuban said former President Donald Trump has made the Republican Party his "family business."
In an interview with CNBC's "Squawk Pod" on Thursday, Cuban discussed the GOP presidential candidate with billionaire hedge fund manager David Tepper and SEC chief Gary Gensler.
"All we've seen Donald Trump do is hire his relatives," Cuban told Tepper and Gensler. "Right? RNC? Here comes the daughter-in-law. You know who's going to speak for him? His two sons."
"Hey, we've got a new silver coin! Here come the sons!" he said.
Cuban added: "The family business is now the Republican Party."
The former president has five children — Donald Trump Jr., Ivanka Trump , Eric Trump, Tiffany Trump, and Barron Trump.
When he was president, Trump was known to lean on Ivanka and her husband, Jared Kushner . The couple were key figures in Trump's White House inner circle.
This year, Trump handpicked his daughter-in-law Lara Trump — who is married to his third child, Eric — to cochair the Republican National Committee . Lara Trump is a former TV news producer and has been a fixture in her father-in-law's political career.
"My very talented daughter-in-law, Lara Trump, has agreed to run as the RNC Co-Chair," the former president said in a statement in February. "Lara is an extremely talented communicator and is dedicated to all that MAGA stands for."
Donald Trump Jr., who's now a podcaster, spoke passionately at the RNC this year in support of his father's nomination. He also happens to be the cofounder of Winning Team Publishing, which produces books about his father.
Trump has also tapped his youngest son, Barron, for advice on how to draw in Gen Z voters.
"For all Trump supporters. A question. Which startups has Donald Trump ever invested in that didn't involve a family member?"Cuban star wrote in an X post on September 8.
"You invest in businesses. Right? How many super wealthy business people do you know that have never decided to give even one entrepreneur a shot by investing in their business?" Cuban wrote in response to a post by X user Chart Westcott.
In the X post, he added that every other wealthy person he knew, except Trump, had tried to help others.
Cuban also recently criticized Trump for threatening to impose a 200% tariff on John Deere if it moves its manufacturing to Mexico.
" Good way to destroy a legendary American company and increase costs to American buyers," Cuban wrote in an X post on Monday.
"I think they believe they can manipulate him. I think they understand that he's so transactional and so devoid of core values that anything that they want they can manipulate him to get," Cuban said of Silicon Valley backers of Trump.
And during an interview with Axios in March, he said that he would much rather prefer President Joe Biden or Harris to a " snake oil salesperson " like Trump.
Cuban and representatives of Trump didn't immediately respond to a request for comment from Business Insider, sent outside business hours.
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