Trump Pressed on Profits Made While President
President Donald Trump faced questions from the media about the money he has made while president.
President Donald Trump was in the hot seat as he was pressed about the money he’s made while president.
But the president was able to deflect questions surrounding his personal financial disclosures revealing over $1 billion in revenue from Cryptocurrency sales as well as other ventures.
He was asked what message the disclosures send to average Americans.
“I don’t get involved in my personal. We have funds that run my money,” Trump told reporters at Joint Base Andrews Wednesday as he was headed to North Dakota.
Then, he was asked if he was benefitting from the ventures.
“I made a lot of money before I became president,” he replied.
Trump said the financial institutions that handle his personal finances create a “blind account,” and he “purposefully” does not speak to anyone involved in handling those funds.
“They invest my money. I don’t talk to them. I don’t even speak to them,” he said. “So, I have many people, I don’t know what they call them, closed accounts or something, you put their money and that’s it. I don’t talk to them. They’re big institutions, and they run it.”
Watch:
https://x.com/atrupar/status/2072299681288200518?s=20
The president was also asked if he is profiting off the presidency.
He credited the stock market is rising.
“Everybody is profiting,” he said.
Trump’s personal financial disclosures were released Tuesday and showed he made more than $500 million from his Cryptocurrency venture he co-founded with his sons, IJR previously reported.
The Trumps started World Liberty Financial in the fall of 2024 when then-presidential candidate embraced the crypto industry during his campaign.
World Liberty Financial has been a frequent source of controversy in Trump’s second term.
Critics have accused the president and his family of conflicts of interest.