Trump attributes earnings gains to rising stock market

The President of the United States, Donald Trump, stated this Wednesday (1st) that he had no involvement with his own personal finances, one day after declaring more than US$1.4 billion in income from his family's cryptocurrency ventures.

Trump also said that many people are profiting because the US stock market is rising.

"I don't get involved... We have funds that manage my money," Trump told reporters at Joint Base Andrews as he prepared to fly to North Dakota.

The financial documents, his 2025 annual filing with the U.S. Office of Government Ethics, showed that his companies received nearly $800 million from World Liberty Financial, a cryptocurrency venture he and his sons co-founded.

That income, which the president shares with family members, included more than $520 million from the sale of cryptocurrency tokens and more than $250 million from the sale of stakes in World Liberty businesses.

"Do you know why I'm making a profit? Because the stock market is up, everyone is making a profit," Trump said.

Source: CNN