The Trump Organization announced June 16 it was coming out with two offerings for consumers: a new cellular service and a new cellphone.

The Trump company announced Monday a new business, Trump Mobile, that will offer cell service in a licensing deal and sell gold phones by the summer. It’s the latest in a string of new ventures struck despite mounting ethical concerns that the U.S. president is profiting off his position and could distort public policy for personal gain.

Officially, Trump Mobile is a licensing venture with the Trump Organization, but the president's fingerprints are all over it, starting with the $47.45 monthly service price.