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.

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The government ethics disclosure report shows Trump now earns most of his income from digital assets that have benefited from his policies.