Trump's $1.4B crypto earnings and conflict of interest concerns (with Haidi Stroud-Watts, Shery Ahn)

President Trump reported at least $1.4 billion in 2025 earnings from crypto and memecoin businesses, far exceeding income from hotels and golf resorts. This renews concerns about profiting from the presidency, with Democrats likely to use it as a campaign issue ahead of midterms.

Yields

NDX

RUT

Oil

Metals

USD

Bloomberg 7.0
Financial Media
Derek Wallbank 4.0

Trump's $1.4B crypto earnings and conflict of interest concerns (with Haidi Stroud-Watts, Shery Ahn)

Trump's financial disclosure shows $1.4 billion in earnings from crypto and memecoin businesses, far exceeding his hotel and golf resort income, renewing conflict of interest concerns.

Haidi Stroud-Watts
Derek Wallbank

The $1.4 billion is from World Liberty Financial ($594M) and CDC Digital/memecoin ($636M). This is orders of magnitude more than typical presidential side hustles (book deals). Democrats see this as a potential vote-winner and will investigate if they win the midterms.

The White House says these deals are done independently, but critics argue the money is not in a blind trust.
The disclosures also cover the first lady and broader family interests, raising concerns about a web of entanglements.

Haidi Stroud-Watts
Derek Wallbank

Democrats like Senator Jon Ossoff are focusing on this entanglement as a campaign issue. The scale of the disclosure is far larger than typical, and parsing it will take time.

SignalTube

markets at a glance