Former White House morals lawyer connected Trump's $1B crypto earnings
President Donald Trump departs the White House connected May 22, 2025, successful Washington. Trump traveled to his Trump National Golf Club successful Virginia, wherever helium held a meal for apical investors successful his $TRUMP cryptocurrency. Kevin Dietsch/Getty Images hide caption
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Kevin Dietsch/Getty Images
President Donald Trump and his household earned much than $1 cardinal past twelvemonth done cryptocurrency ventures and different businesses, according to a 927-page fiscal disclosure study filed with the Office of Government Ethics.
NPR's Linda Kenyon reports that much than $500 million came from the cryptocurrency task World Liberty Financial, which was co-founded by Trump household members, portion Trump-branded meme coin income generated much than $600 million. The disclosure besides lists much than $50 cardinal from media settlements and millions much from Trump-branded products, including Bibles, sneakers and watches.
The White House denied immoderate fiscal conflicts of interest. Spokesperson Anna Kelly praised the president for making the U.S. "the crypto superior of the world." Trump besides said extracurricular institutions negociate his investments and that helium does not talk with them.
Former White House morals lawyer Richard Painter told Morning Edition that national conflict-of-interest laws would prohibit different enforcement subdivision officials from taking akin actions, adding that Trump "stands unsocial successful having specified important fiscal conflicts of interest" arsenic president.
Speaking with NPR's A Martínez, Painter discussed the morals questions surrounding Trump's cryptocurrency earnings, however presidents person traditionally handled their fiscal holdings and the relation unsighted trusts play successful avoiding conflicts of interest.
Listen to the afloat interrogation by clicking connected the bluish play fastener above.
The integer mentation was written by Majd Al-Waheidi with contributions from Lindsay Totty.
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