<div class="css-s99gbd StoryBodyCompanionColumn" data-testid="companionColumn-0"><div class="css-53u6y8"><p class="css-at9mc1 evys1bk0">Last spring, even as Donald J. Trump’s march back toward the White House dominated public attention, his finances, largely out of view, faced serious threats.</p><p class="css-at9mc1 evys1bk0">His office building in Lower Manhattan generated too little cash to cover its mortgage, with the balance coming due. Many of his golf courses regularly lacked enough players to cover costs. The flow of millions of dollars a year from his stint as a television celebrity had mostly dried up.</p><p class="css-at9mc1 evys1bk0">And a sudden wave of legal judgments threatened to devour all his cash.</p><p class="css-at9mc1 evys1bk0">Then, with his clinching of the Republican nomination, everything began to change.</p></div><aside aria-label="companion column" class="css-ew4tgv"></aside></div><div data-testid="RelatedLinksBlock-1"><div data-testid="lazy-loader"></div></div><div class="css-s99gbd StoryBodyCompanionColumn" data-testid="companionColumn-1"><div class="css-53u6y8"><p class="css-at9mc1 evys1bk0">In the following months, Mr. Trump, along with his two eldest sons, Eric and Donald Jr., refocused the family business, forming a series of partnerships, especially in cryptocurrency, with investors who were willing to bank on his victory.</p></div><aside aria-label="companion column" class="css-ew4tgv"></aside></div><div data-testid="Dropzone-3"></div><div class="css-s99gbd StoryBodyCompanionColumn" data-testid="companionColumn-2"><div class="css-53u6y8"><p class="css-at9mc1 evys1bk0">Once Mr. Trump won the presidency in November, that approach kicked into overdrive.</p><p class="css-at9mc1 evys1bk0">His family business announced numerous new deals that would financially benefit Mr. Trump directly, even as he made policy decisions that affected those industries or that involved countries in which the United States had political interests. Most glaringly, Mr. Trump is now both a partner in several crypto ventures and, as president, crypto’s chief policy regulator, and he has signaled that he wants his administration to have a hands-off approach to digital currencies.</p><div class="css-kbghgg"><div class="css-121kum4"><div class="css-171quhb"></div><div class="css-asuuk5"><noscript><div class="css-7axq9l" data-testid="optimistic-truncator-noscript"><svg aria-hidden="true" class="css-1b5b8u1" height="24" viewbox="0 0 24 24" width="24"><path clip-rule="evenodd" d="M2.5 12a9.5 9.5 0 1 1 19 0 9.5 9.5 0 0 1-19 0Zm8.5 1.75v-7.5h2v7.5h-2Zm0 2v2h2v-2h-2Z" fill="currentColor" fill-rule="evenodd"></path></svg><div class="css-6yo1no" data-testid="optimistic-truncator-noscript-message"><p class="css-3kpklk" data-tpl="t">We are having trouble retrieving the article content.</p><p class="css-3kpklk" data-tpl="t">Please enable JavaScript in your browser settings.</p></div></div></noscript><div class="css-1dv1kvn" id="optimistic-truncator-a11y" tabindex="-1"><hr/><p>Thank you for your patience while we verify access. 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