Mark Cuban says Trump has turned the GOP into a family business

• Mark Cuban says Trump has turned the Republican Party into his own “family business.”
• “The RNC? Here comes the daughter-in-law. You know who’s going to speak on his behalf? His two sons,” he told CNBC.
• Cuban, a vocal supporter of Kamala Harris, criticized Trump for his business ethics and core values.

Mark Cuban said former President Donald Trump made the Republican Party his “family business.”

In an interview on CNBC’s “Squawk Pod” Thursday, Cuban discussed the GOP presidential nominee with billionaire hedge fund manager David Tepper and SEC chief Gary Gensler.

“All I’ve seen Donald Trump do is hire his relatives,” Cuban told Tepper and Gensler. “No? RNC? Here comes the daughter-in-law. You know who will speak for him? His two sons.”

“Hey, we’ve got a new silver coin! Here comes 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 inner circle at the White House.

This year, Trump tapped his daughter-in-law Lara Trump — who is married with his third child, Eric — to chair his Republican National Committee. Lara Trump is a former TV news producer and was a big part of her father-in-law’s political career.

“My very talented daughter-in-law, Lara Trump, has agreed to run as RNC co-chair,” the former president said in a statement in February. “Lara is an extremely talented communicator and is dedicated to everything MAGA stands for.”

Eric Trump, meanwhile, worked for his father’s businesses. But the younger Trump son has been part of a years-long civil investigation into the Trump Organization’s dealings — and attended a six-hour deposition in 2020 that saw him invoke his Fifth Amendment right against self-incrimination more than 500 times. times.

Donald Trump Jr., who is now a podcaster, spoke passionately at the RNC this year in support of his father’s nomination. He also happens to be the co-founder of Winning Team Publishing, which produces books about his father.

Trump also tapped his youngest son, Barron, for advice on how to appeal to Gen Z voters.

In August, he said his 18-year-old son talked him into an interview with high-profile streamer Adin Ross.

The Cuban calls into the mouth of the Trump family

This isn’t the first time the billionaire “Shark Tank” investor has criticized Trump for keeping things in the family.

“For all Trump supporters. A question. What startups has Donald Trump ever invested in that didn’t involve a family member?”, the Cuban star wrote in a X post on September 8.

“Invest in business. Not? How many super rich business people do you know who never decided to give a single entrepreneur a chance by investing in their business?” Cuban wrote in response to a post by X Chart user Westcott.

In X’s post, he added that every other rich person he knew, except for Trump, tried to help others.

Cuban recently criticized Trump for threatening to impose a 200 percent tariff on John Deere if it moves production to Mexico.

“Good way to destroy a legendary American company and raise costs for American buyers,” Cuban wrote in a post on X Monday.

During one interview with YouTuber Brian Tyler Cohen on September 17, Cuban also told the progressive commentator that Trump, to him, is the “antithesis” of someone of good character.

“I think they think they can manipulate him. I think they understand that he’s so transactional and so lacking in core values ​​that whatever they want they can manipulate him to get,” Cuban said of Trump’s supporters in Silicon Valley.

Cuban has endorsed Democratic Vice Presidential nominee Kamala Harris and strongly endorsed her the economic agendacalling it “pro-business”.

And during an interview with Axios in March, he said he would much rather have President Joe Biden or Harris than a “snake oil salesman“like Trump.

Cuban and Trump’s representatives did not immediately respond to an after-hours request for comment from Business Insider.