White House rejects conflict-of-interests concerns as Trump’s crypto earnings soar – US politics live
Summary
President Donald Trump earned about $1.2 billion from cryptocurrency ventures in 2025, which greatly increased his personal fortune. The White House said this success shows the US is a leader in crypto, and they denied any conflicts of interest related to these earnings.Key Facts
- President Trump and his family have invested heavily in cryptocurrency businesses during his second term.
- Trump earned nearly $550 million from a startup called World Liberty Financial, co-founded by his sons and the son of his Middle East envoy.
- He also received $635 million in royalties linked to the $TRUMP cryptocurrency launched in January 2025.
- Trump’s personal wealth increased from $2.3 billion in 2024 to $6.5 billion in 2026, largely due to his crypto activities.
- The White House rejected concerns about conflicts of interest, saying Trump and his family never engaged in such actions.
- The White House described Trump’s efforts as making the US the “crypto capital of the world.”
- The ethics report detailing these earnings was released by the US Office of Government Ethics.
- The article also notes unrelated US Supreme Court decisions about birthright citizenship and transgender sports participation.
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