{"id":773940,"date":"2026-07-01T19:48:12","date_gmt":"2026-07-01T19:48:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/773940\/"},"modified":"2026-07-01T19:48:12","modified_gmt":"2026-07-01T19:48:12","slug":"michael-steele-blasts-trumps-grift-after-disclosure-reveals-1-4b-in-crypto-income","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/773940\/","title":{"rendered":"Michael Steele blasts Trump\u2019s \u2018grift\u2019 after disclosure reveals $1.4B in crypto income"},"content":{"rendered":"

MS NOW\u2019s Michael Steele tore into Donald Trump<\/a> after the president released his annual financial disclosure<\/a> on Tuesday. According to the 927-page document filed with the U.S. Office of Government Ethics, Trump took in more than $1 billion in 2025 from his crypto ventures \u2014 an industry he has had direct influence in regulating as president.<\/p>\n

The disclosure shows Trump earned more than $500 million from World Liberty Financial<\/a>, the cryptocurrency company he co-founded with his sons Eric Trump and Donald Trump Jr., along with an additional $635 million from his $TRUMP meme coin<\/a>.<\/p>\n

When Trump was asked about his ballooning wealth, the president brushed off concerns of a conflict of interest. \u201cI don\u2019t get involved in my personal \u2014 we have funds that run my money,\u201d he told reporters Wednesday before embarking on his first trip on the new Air Force One, a retrofitted $400 million jet<\/a> gifted by the Qatari government last year.<\/p>\n

On Tuesday\u2019s \u201cThe Weeknight,\u201d<\/a> Steele blasted the president over the eye-popping figures, reminding the administration of \u201ca little thing called ethics\u201d and the \u201cperception of corruption.\u201d<\/p>\n

The MS NOW host drew from his own experience adhering to ethics requirements while working in government in Maryland. \u201cI remember, as lieutenant governor, I tried to get some supporters of our administration to contribute, not new but used, computers to a high school that was in desperate need of it. And I was told emphatically I could not get those donors to do that because of the appearance of impropriety, an unethical influence in that regard,\u201d he recalled.<\/p>\n

\tRecommended<\/p>\n

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\n\t\t\t\t\"\"\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\tAllison Detzel<\/a>\t\t<\/p>\n

\n\t\t\t\t\t\tAllison Detzel is an editor\/producer for MS NOW. She was previously a segment producer for \u201cAYMAN\u201d and \u201cThe Mehdi Hasan Show.\u201d\n\t\t<\/p>\n

\"MS<\/p>\n

\u00a9\u00a02026 Versant Media, LLC<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"MS NOW\u2019s Michael Steele tore into Donald Trump after the president released his annual financial disclosure on Tuesday.…\n","protected":false},"author":2,"featured_media":773941,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48],"class_list":["post-773940","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/773940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=773940"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/773940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/773941"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=773940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=773940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=773940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}