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Bessent brushes off critics of Trump’s crypto haul

Bessent brushes off critics of Trump’s crypto haul

Summary

Treasury Secretary Scott Bessent said there is no problem with how it looks that President Donald Trump earned over $1 billion from cryptocurrency while serving in the White House. He called cryptocurrency an innovation during an interview on CBS News.

Key Facts

  • President Trump made more than $1 billion from cryptocurrency profits while in office.
  • Some people criticized these crypto profits.
  • Treasury Secretary Scott Bessent defended the situation and dismissed concerns about appearances.
  • Bessent spoke about this in an exclusive interview on CBS News.
  • He described cryptocurrency as an innovation.
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