Jackie McGavik, who was a special assistant to President Donald Trump and Director of Policy and Communications at the White House, announced her departure from the government on Thursday. She will be joining gambling platform Karshi.
This move reflects a common practice where individuals work in government for a brief period, often funded by taxpayers, before transitioning to the private sector as lobbyists or bureaucrats. These connections with federal employees and officials can prove beneficial for new employers, particularly when they encounter regulatory challenges. McGavik’s exact position at Karshi isn’t fully outlined, but she’s expressed excitement about sharing the company’s story, mentioning, “For the average person, it’s a way to break through the noise and fake news and be rewarded for doing the right thing.”
News: We’re excited to announce we’re joining @Karshi. After serving @POTUS in @WhiteHouse, I’m proud to join a company that is building something uniquely American: a federally regulated prediction market that is innovating right here in the United States.
— Jackie McGavik
This announcement seems relatively minor in the larger context of the Trump administration, especially given the controversies that have unfolded in the past year and a half. It’s not merely about Trump 2.0, but also about the apparent departure from any anti-corruption rhetoric he previously advocated. Figures from the Cabinet, government officials, and even members of Trump’s family have been involved in actions that some would describe as swampy, drawing significant criticism from Democrats and traditional media, yet often facing little backlash from conservative outlets.
It’s noteworthy that no government is entirely above ethical scrutiny. Still, the contrast is striking when considering two factors: Trump’s original promise in 2016 to “drain the swamp,” and the sheer volume of financial dealings that have emerged since. There’s a certain bravado in these actions, perhaps stemming from a misplaced belief that they won’t have any repercussions—or if they do, they’re merely part of a narrative portraying them as victims of a liberal witch hunt.
Revolving Door
The revolving door between government and private industry remains active throughout Trump’s second presidency, particularly involving surveillance tech firm Palantir, which has fostered close ties with the White House. Gregory Barbassia, a former director at Palantir, now serves as the federal chief information officer, and Jacob Helberg, a past senior advisor at the company, has taken on a significant role in the State Department.
Insider Trading?
The Trump administration has dealt with various insider trading allegations, leading the White House Office of Management to issue warnings about illegal activities to its staff. Reports suggest that several staffers flagged suspicious trades involving oil and the S&P 500 just moments before Trump announced policy decisions impacting those areas.
Some transactions on prediction market platforms like Karshi and Polymarket during the Iran situation have also drawn scrutiny, with accounts making vast profits by accurately anticipating the timing of events. One participant even placed a bet shortly before a significant assassination, leading to a sizeable financial gain. Allegations of insider trading extending to transactions made by U.S. special forces personnel have surfaced, leading to investigations by the Justice Department.
Corporate Reality Features
Other concerning activities include a newly announced American road trip reality series linked to the Transportation Division, with funding from partnerships with major corporations. Companies like Shell and Boeing reportedly made substantial contributions to support the project.
The scoop: I obtained a pitch deck outlining the levels of partnership for Transportation Secretary Duffy’s new reality show, with significant financial backing from sponsors.
— Daniel Lippman
Controversial Ties
In a related vein, Corey Lewandowski, former Under Secretary of Homeland Security, finds himself under investigation for his management of government contracts, particularly a notable $220 million advertising deal linked to a Republican firm tied to his associates.
Trump Family Gains
It’s not surprising that the Trump family has thrived since January 2025, with significant financial backing from a cryptocurrency company. Reports detail how deep ties to investors in the UAE have bolstered their ventures and influenced certain political decisions.
Even Trump’s sons have found means to profit during this period, raising funds through various corporate strategies, including the merger of a drone company. The family continues to navigate profitable ventures amidst ongoing international tensions.
Maintaining Appearances
Despite an array of controversies, one bright spot remains: the drinking fountains in Washington, D.C., have been cleaned and are functioning again. This coincides with plans for a visually impressive reflecting pool in time for America’s 250th birthday.
