Democrats plot subpoena storm over Trump's $2 billion gold rush
Summary
Democrats are preparing investigations into President Donald Trump’s finances, aiming to examine how he made over $2 billion while in office. They plan to use subpoenas to question Trump’s family, appointees, and allies about their business dealings linked to the presidency.Key Facts
- President Trump reported $2.2 billion in income for 2025, making it his richest year ever.
- About $1.2 billion came from a cryptocurrency business linked to Trump and his family.
- The $TRUMP meme coin earned Trump $635 million but later lost 95% of its value.
- Trump also earned tens of millions from legal settlements and product licensing deals.
- Foreign investments include a $500 million secret fund from an Emirati royal family.
- Trump’s son-in-law Jared Kushner raised billions from Gulf governments during Middle East peace talks.
- Democrats plan to subpoena people around Trump because only they can be forced to testify.
- The White House denies conflicts of interest and claims outside advisors manage Trump’s money.
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