WASHINGTON, DC – JUNE 29: U.S. President Donald Trump signs an executive order dealing with automobile repairs in the Oval Office at the White House on June 29, 2026 in Washington, DC. Trump followed up the signing by answering questions about the SAVE America Act. Alex Wong/Getty Images/AFP (Photo by ALEX WONG / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
US President Donald Trump on Wednesday defended earning around $1.2 billion from his family’s cryptocurrency activities last year, saying “everybody’s profiting” from his time in power.
“You know why I’m profiting, because the stock market’s going up, everybody’s profiting,” Trump told reporters as he prepared to take his first flight on a new Air Force One plane gifted by Qatar.
Asked about criticisms that he was using his position to enrich himself, the billionaire president said his earnings were placed in blind trusts to ensure that he could not do so.
“I don’t get involved in my personal (finances), we have funds that run my money,” Trump said. “I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.”
