Still, Trump has made a number of moves in the White House that have benefited his business as well as businesses tied to other senior administration officials.<\/p>\n
Last July, Trump signed legislation supporting stablecoins, a form of cryptocurrency, just four months after World Liberty Financial launched its own digital currency venture. The firm made Trump at least $500m in 2025, according to his financial disclosure report.<\/p>\n
Last October, Trump pardoned Changpeng Zhao, the billionaire founder of the cryptocurrency firm Binance. <\/p>\n
The move came as Trump praised the crypto industry in his first months back in office, after having dismissed it in the past as a “disaster waiting to happen”.<\/p>\n
Trump’s family business and some close associates have profited in other industries beyond cryptocurrency since he returned to the White House.<\/p>\n
Last year Trump struck a deal with the president of Kazakhstan giving an American company access to a major critical minerals project in the country, according to a New York Times report. <\/p>\n
Eric Trump and Donald Trump Jr later took a minority stake in a company involved in the mining project. The investment firm Cantor Fitzgerald – which is run by Commerce Secretary Howard Lutnick’s sons – also worked on the deal.<\/p>\n
On Wednesday, Trump attributed his profits in office to stock market gains and claimed he was not involved in his family’s business dealings.<\/p>\n
“I don’t get involved in my personal [finances], we have funds that run my money,” Trump told reporters. “I’ve made a lot of money before I became president, and they invest my money, and I don’t talk to them.”<\/p>\n
Ethics watchdogs argued Trump’s profits from cryptocurrency in particular were problematic.<\/p>\n
“Of course it’s a conflict of interest,” Richard Painter, the former chief White House ethics lawyer under George W Bush, told the BBC. <\/p>\n
“This is a very, very troubling situation for the American people to see their president making so much money.”<\/p>\n","protected":false},"excerpt":{"rendered":"Still, Trump has made a number of moves in the White House that have benefited his business as…\n","protected":false},"author":2,"featured_media":668924,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-668923","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/668923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=668923"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/668923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/668924"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=668923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=668923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=668923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}