Dems rail against corruption after Trump financial disclosure
Source: The Hill
07/01/26 6:03 PM ET
In his annual financial disclosure released Tuesday, Trump revealed about $594 million in income from World Liberty Financial, the crypto business he launched with his sons in fall 2024, and another $635 million that appears to be linked to the presidents meme coin.
Trump made $1+ billion from his crypto ventures while in office, Rep. Jason Crow (D-Colo.) wrote in a social media post Wednesday. Today hes taking his first flight on his illegal $400 million gift from a foreign government, he added, referring to the new jet gifted to the president by Qatar. This grift and corruption is staggering. Accountability is coming.
Sen. Adam Schiff (D-Calif.) suggested that Trump has made more money in the first year of his presidency than in the rest of his life combined, with The New York Times reporting he raked in a total of $2.2 billion last year.
Trump has repeatedly faced scrutiny in his second term, as he and his family have become increasingly involved in the crypto industry.
Read more: https://thehill.com/newsletters/technology/5950541-dems-rail-corruption-trump-crypto/
FakeNoose
(43,166 posts)Remember that? He sued for $10 billion, or some ridiculous number, and "settled" for $1.76 billion, which we're still arguing over.
Now he's revealing - voluntarily - the same information, only it's as recent as last year.
BumRushDaShow
(173,884 posts)Not the income tax returns but the mandatory SEC filings for his companies (usually quarterly).
Bayard
(30,734 posts)Anyone think he's going to pay taxes on all this?
young_at_heart
(4,084 posts)I also wonder how many Americans are even aware?? To read in the NY Times that our president "raked in" $2.2 billion last year makes me want to throw up!!