Trump says 'nothing illegal' about massive crypto profits

Administration News — 2026-07-02 17:32:00 — thehill.com

Trump Denies Wrongdoing Over Cryptocurrency Profits in Financial Disclosure

President Trump on Thursday rejected any suggestion of illegality regarding the substantial profits from cryptocurrency reported in his recently released financial disclosure forms. In an interview with CNBC, Trump stated, “I could know about it. I didn’t. There’s nothing illegal. There’s nothing wrong with it I could know.”

Trump’s Response to Cryptocurrency Profits

The president’s comments came after his financial disclosure forms revealed significant gains from cryptocurrency holdings. Trump denied any wrongdoing, insisting there was nothing improper about the profits and emphasizing his claimed lack of direct knowledge about the transactions.

Fact-Checked Claims and Public Scrutiny

Trump’s assertion that “there’s nothing illegal” and that he “didn’t” know about the profits is a direct response to scrutiny over the transparency and legality of his financial dealings. The president’s statements are part of a broader pattern of dismissing concerns about his personal finances, often downplaying or outright denying allegations of impropriety.

Conclusion

President Trump’s denial of any illegal activity related to his cryptocurrency profits highlights ongoing questions about the accuracy and transparency of his financial disclosures. As public attention remains focused on the details of his personal finances, Trump continues to assert that his actions were above board, leaving the public and watchdogs to weigh his statements against the facts presented in his own filings.

Source article

Source: https://thehill.com/homenews/administration/5952294-trump-crypto-profits/

US Olympian indicted after Trump alleged ‘vandalism’ at DC reflecting pool | Washington DC

US politics | The Guardian — 2026-07-02 15:04:00 — www.theguardian.com

Donald Trump Blames Vandals for Reflecting Pool Damage, Offers No Evidence

Donald Trump has alleged that vandals were responsible for damaging the newly renovated reflecting pool in Washington, DC, following a $14.7 million project to turn the site “American flag blue” ahead of the country’s 250th birthday celebrations. Trump specifically claimed that a 300-foot “gash” was cut through the sealant installed by contractors during the renovation. He further asserted that the federal government would release photographs and video to substantiate these claims, but as of now, no such evidence has been made public.

Contradictions and Lack of Evidence

Trump’s allegations come after an indictment was handed down against David Hearn, a three-time US Olympian and canoeist, who is accused of “maliciously” damaging the pool’s lining. Hearn and his lawyers have denied the charges, calling them a misuse of government power and describing the narrative as “concocted.” Hearn maintains he did not vandalize or destroy anything, stating he merely reached into the water to touch a partly detached piece of the liner after a long bike ride.

Despite Trump’s insistence that vandals were to blame and that proof would be forthcoming, no photographs or video evidence have been released to support his claims. The timing of the damage also coincided with an algae bloom that turned the water green, further complicating the narrative.

Exaggerated Claims About Renovation Success

Trump previously claimed that the renovation he ordered would be far more successful than those conducted under previous presidents. His administration awarded a no-bid contract for the project to a company he said had previously worked on swimming pools at one of his golf clubs. However, the immediate appearance of algae and the subsequent controversy over alleged vandalism have cast doubt on the success of the project.

Conclusion

Trump’s statements regarding the reflecting pool damage highlight a pattern of making serious accusations without providing substantiating evidence. His claims about the renovation’s superiority and the alleged acts of vandalism remain unproven, raising questions about the administration’s handling of both the project and the subsequent investigation. As the case against Hearn proceeds, the lack of transparency and evidence from Trump’s administration continues to fuel public skepticism.

Source article

Source: https://www.theguardian.com/us-news/2026/jul/02/us-olympian-indicted-trump-vandalism-reflecting-pool

How crypto, real estate and watches added up for Trump last year

PBS News Hour – Politics — 2026-07-02 12:14:00 — www.pbs.org

Trump’s Financial Disclosure Reveals $1.2 Billion Crypto Windfall, Raising Fresh Conflict of Interest Questions

President Donald Trump’s latest financial disclosure report, spanning over 900 pages, reveals an extraordinary surge in personal wealth, with about $1.2 billion in income from various crypto holdings last year. This rapid accumulation of digital assets now overshadows the real estate empire that originally brought him national fame and propelled him to the presidency.

Crypto Profits Outpace Real Estate

Trump’s financial filings show that, while it took decades to build his property portfolio, his crypto fortune was amassed in just over a year. The report attributes this stunning development to Trump’s own friendly policies toward the crypto industry and support from billionaires and other actors with significant business before his administration.

Trump’s World Liberty Financial business generated more than $500 million through the sale of “governance tokens,” “stablecoins,” and other crypto assets. A separate company, CIC Digital LLC, brought in over $600 million from sales of “meme” coins featuring Trump’s likeness. Despite these windfalls, both the tokens and coins have since plunged in value, in part because they are difficult to value and do not confer equity or traditional ownership rights.

Foreign Influence and Policy Questions

The disclosure raises new questions about whether Trump is profiting from his high office. He took in tens of millions from new property holdings in foreign countries, many of which were negotiating with the U.S. over tariffs, military aid, and other critical matters. Notably, a company linked to the United Arab Emirates government purchased a $500 million stake in World Liberty shortly before Trump’s inauguration, with Trump receiving nearly $200 million as his share of a “capital contribution.” Subsequently, the UAE gained access to advanced U.S. chips previously banned due to national security concerns.

White House Denials

The White House has repeatedly stated that Trump acts only in the public interest, does not involve himself in the family business run by his two oldest sons, and has “zero conflicts of interest.” However, the timing and scale of these international business deals, coupled with Trump’s policy decisions, continue to draw scrutiny.

Expanding Business Empire

Trump’s real estate business also saw unprecedented expansion, with tens of millions in fees from new hotel, resort, and condo deals overseas. His Mar-a-Lago club in Florida, which he has dubbed his “Winter White House,” generated $77 million last year—a 50% increase from when he was not in office. His Bedminster, New Jersey golf club, referred to as his “Summer White House,” brought in $38 million, up nearly 20%.

Profiting from the Presidency

Trump’s financial disclosure also details millions in income from Trump-branded books, Bibles, guitars, watches, sneakers, and fragrances. Lawsuits against major media companies, including ABC, CBS, and Meta, resulted in settlements totaling more than $80 million, much of which is earmarked for Trump’s planned Miami library.

Outstanding Legal Liabilities

Despite these gains, Trump’s disclosure notes a $50 million debt owed to advice columnist E. Jean Carroll, who won a high-profile case against him for sexual abuse and defamation. The payment is pending appeal.

Conclusion

Trump’s financial disclosure paints a picture of a president whose personal fortune has soared during his time in office, thanks in large part to crypto ventures and aggressive global business expansion. While the White House maintains there are no conflicts of interest, the scale and timing of Trump’s earnings—particularly from foreign entities and industries affected by U.S. policy—raise ongoing questions about the intersection of public office and private profit.

Source article

Source: https://www.pbs.org/newshour/politics/how-crypto-real-estate-and-watches-added-up-for-trump-last-year

Wall Street Journal: Trump family 'cashing in on the presidency in big and sketchy ways'

Administration News — 2026-07-02 11:52:00 — thehill.com

Trump’s Financial Disclosures Reveal Massive Earnings, Drawing Criticism for “Cashing In” on Presidency

President Trump and his family are facing renewed scrutiny after The Wall Street Journal’s editorial board published a sharply worded op-ed accusing them of “cashing in on the presidency.” The criticism follows the release of Trump’s latest financial disclosures, which revealed that he brought in $2 billion last year alone.

Trump’s Financial Windfall

According to the disclosures, Trump’s crypto venture—managed by the Trump Organization—generated more than $526.8 million in proceeds from tokens. This substantial sum is part of a much larger financial picture, with the total reported income reaching into the billions.

Editorial Board’s Rebuke

The Wall Street Journal’s editorial board did not mince words, highlighting the scale of Trump’s earnings and raising questions about the ethics of leveraging the presidency for personal gain. The board’s op-ed specifically called out Trump and his family for profiting from his time in office, a charge that has followed the former president throughout his political career.

Fact-Checked Claims and Public Response

While Trump’s financial filings are a matter of public record, the editorial board’s criticism underscores ongoing concerns about conflicts of interest and the blurred lines between public service and private profit. The reported $2 billion in income, including over half a billion from crypto tokens, stands as a concrete example of the financial benefits Trump has reaped since entering the political arena.

Conclusion

The latest revelations from Trump’s financial disclosures, combined with pointed criticism from The Wall Street Journal’s editorial board, bring renewed attention to the question of whether Trump has used the presidency for personal enrichment. As the public and media continue to scrutinize these disclosures, the debate over ethics and accountability in the highest office remains front and center.

Source article

Source: https://thehill.com/homenews/media/5951517-wall-street-journal-trump-family/

Supreme Court upholds birthright citizenship, ruling against Trump’s order

Politics — 2026-06-30 14:46:00 — www.washingtonpost.com

The Supreme Court Rejects Trump’s Push to Redefine Citizenship

In a landmark decision, the Supreme Court on Tuesday reaffirmed that nearly everyone born on U.S. soil is a citizen, directly rejecting President Donald Trump’s efforts to fundamentally alter the definition of who is considered American—a principle that has stood for more than 150 years.

Trump’s Attempt to Redefine Citizenship

President Trump has repeatedly challenged the long-standing interpretation of the 14th Amendment, which grants citizenship to nearly all individuals born in the United States. His administration pushed for a dramatic change, seeking to exclude certain groups from automatic citizenship. This move was widely seen as an attempt to restrict the rights of children born to non-citizen parents, a stance that would have marked a significant departure from established constitutional law.

Fact-Checking Trump’s Claims

Throughout his presidency, Trump has made numerous statements questioning the legitimacy of birthright citizenship. He has claimed that the United States is the only country that grants citizenship to everyone born within its borders, a statement that has been repeatedly fact-checked and found to be false. Many countries around the world, including Canada and Mexico, have similar birthright citizenship policies.

Trump’s push to redefine who is American was met with strong opposition from legal scholars and civil rights advocates, who argued that his position was not supported by the Constitution or by more than a century of legal precedent.

Supreme Court’s Firm Response

The Supreme Court’s decision sends a clear message: the principle of birthright citizenship remains a cornerstone of American identity. By rejecting Trump’s attempt to narrow the definition of citizenship, the Court has upheld a fundamental right that has shaped the nation’s history and diversity.

Conclusion

President Trump’s campaign to redefine who is American has been decisively turned back by the Supreme Court. The ruling not only preserves a key constitutional protection but also highlights the ongoing importance of fact-checking and challenging false or misleading claims by public officials. As the nation moves forward, the Court’s decision stands as a reaffirmation of the values that have long defined American citizenship.

Source article

Source: https://www.washingtonpost.com/politics/2026/06/30/birthright-citizenship-upheld-by-supreme-court-ruling-against-trump-order/

How about this? Micron, a GREAT American Company, announced that they are putting in 250 Million Dollars into the Trump Accounts for the future benefit of children, and their stock went up 9 points today. Thank you Micron! President DJT

Trump's Truth – Latest Posts — 2026-07-02 08:23:00 — trumpstruth.org

Donald Trump Claims Major Investment by Micron, Ties Stock Surge to His “Trump Accounts”

In a recent statement, Donald Trump asserted, “Micron, a GREAT American Company, announced that they are putting in 250 Million Dollars into the Trump Accounts for the future benefit of children, and their stock went up 9 points today. Thank you Micron! President DJT.” This claim, presented as a public message, combines praise for the company with a specific financial assertion and a direct link to stock market performance.

Questionable Claims About Corporate Investment

Trump’s statement alleges that Micron, a major American technology company, has committed $250 million to “the Trump Accounts for the future benefit of children.” The nature of these “Trump Accounts” is not clarified in the excerpt, and there is no supporting detail provided to substantiate the existence of such accounts or the purpose behind the alleged investment. The claim is presented as fact, but without corroborating evidence or explanation, it raises questions about accuracy and intent.

Stock Market Exaggeration

Trump further claims that Micron’s stock “went up 9 points today” as a result of this announcement. This assertion directly links the purported investment to a specific stock market gain. However, the excerpt does not provide any independent verification of the stock movement or evidence that the alleged investment announcement caused such a change. This pattern of tying positive market performance to his own influence or related announcements is consistent with previous exaggerations Trump has made regarding economic outcomes.

Pattern of Unsubstantiated Statements

The statement exemplifies Trump’s frequent use of bold, unverified claims to shape public perception. By attributing a large financial commitment and a subsequent stock surge to his own initiatives, Trump seeks to project influence and success. However, the lack of supporting details or external confirmation in the excerpt highlights a recurring issue: the use of exaggeration and unsubstantiated assertions in his public communications.

Conclusion: Scrutinizing Trump’s Claims

Trump’s statement about Micron’s $250 million investment and the resulting stock increase is presented without evidence or clarification. This continues a documented pattern of making sweeping claims that are difficult to verify and often lack factual support. Readers should approach such statements with skepticism and seek independent confirmation before accepting them as fact.

Source article

Source: https://trumpstruth.org/statuses/39667

The GOP’s dirty little secret about the SAVE America Act

Donald Trump — 2026-07-02 03:45:00 — www.politico.com

Trump Pushes for Unpopular Mail-Voting Restrictions Despite GOP Concerns

President Trump is demanding the inclusion of mail-voting restrictions, a move that has sparked significant controversy within his own party. According to the , these proposed restrictions are “highly unpopular among some Republicans,” highlighting a growing divide over election policy.

Trump’s Push for Mail-Voting Restrictions

The president’s insistence on tighter mail-voting rules comes amid ongoing debates about election security and access. While Trump has repeatedly raised concerns about the integrity of mail-in ballots, his push for new restrictions is not universally embraced, even among Republicans. The excerpt notes that these measures are “highly unpopular among some Republicans,” suggesting resistance within his own ranks.

Fact-Checking Trump’s Claims

Throughout his presidency, Trump has made numerous claims about mail-in voting, often alleging widespread fraud without evidence. The excerpt does not provide specific falsehoods or disparagements in this instance, but it does make clear that Trump is actively advocating for policies that are controversial and not broadly supported within his party.

Republican Resistance

The fact that the president’s demands are described as “highly unpopular among some Republicans” is significant. It underscores the internal conflict over how to approach voting rights and election integrity, with some GOP members wary of alienating voters or undermining confidence in the electoral process.

Conclusion

President Trump’s demand for mail-voting restrictions, despite their unpopularity among some Republicans, highlights ongoing tensions within the party and the broader debate over voting rights. As the discussion continues, the divide over these measures will remain a critical issue for both the GOP and the country’s election system.

Source article

Source: https://www.politico.com/news/2026/07/02/save-america-act-mail-voting-00985315

Donald Trump overstates Supreme Court ruling on transgender athletes in girls’ and women’s sports

PolitiFact – Rulings and Stories — 2026-07-01 11:42:00 — www.politifact.com

Donald Trump Overstates Supreme Court Ruling on Transgender Athletes

Donald Trump took to social media to celebrate the Supreme Court’s June 30 decision upholding state laws in West Virginia and Idaho that ban transgender girls and women from competing on girls’ and women’s sports teams at publicly funded schools and colleges. Trump declared, “The United States Supreme Court just RULED AGAINST MEN PLAYING IN WOMEN’S SPORTS,” and claimed the ruling “takes that ridiculous situation off the table.”

However, Trump’s statement significantly overstates the scope of the Supreme Court’s decision. The ruling does not impose a nationwide ban on transgender women participating in women’s sports. Instead, it affirms that states have the authority to determine eligibility for women’s and girls’ sports based on biological sex. This means states can choose to exclude transgender athletes from those teams, but states that allow transgender athletes to compete can continue to do so.

Legal experts have pointed out that Trump’s characterization is overly broad. The Supreme Court’s majority opinion explicitly states that the cases in question do not address whether schools may allow transgender women to participate on girls’ and women’s sports teams, and that “nothing in this opinion is intended to decide that question.” As Duke University law professor Doriane Coleman explained, the ruling means West Virginia can lawfully exclude transgender girls from girls’ sports teams, while California can continue to include them.

Currently, 29 states have laws or policies prohibiting transgender athletes from participating on women’s and girls’ sports teams. The Trump administration has pushed for a nationwide ban, including a 2025 executive order seeking to bar transgender women’s participation under Title IX and launching investigations into states and institutions that allow transgender athletes to compete.

While the Supreme Court’s decision is a partial victory for Trump’s position, it does not mandate a nationwide ban. The ruling leaves the decision to individual states and does not prevent states from allowing transgender athletes to compete.

In summary, Trump’s claim that the Supreme Court “ruled against men playing in women’s sports” is only partially accurate. The court’s decision does not require all states to adopt bans on transgender participation in women’s sports, and states that permit such participation are unaffected by the ruling. Fact-checkers rate Trump’s statement as “Half True,” reflecting his tendency to exaggerate the impact of legal decisions to fit his narrative.

Source article

Source: https://www.politifact.com/factchecks/2026/jul/01/donald-trump/transgender-sports-supreme-court-ruling-title-IX/

Pritzker: Trump 'suffering from dementia'

Administration News — 2026-07-01 17:51:00 — thehill.com

President Trump Claims Communism Is a Greater Threat Than World Wars, Pearl Harbor, and 9/11

President Trump has recently asserted that communism poses a bigger threat to the United States than both world wars, the attack on Pearl Harbor, and the September 11 terrorist attacks. This statement, made in comments referenced during a CNN interview with Illinois Governor JB Pritzker, has drawn sharp criticism and renewed scrutiny of Trump’s record of exaggerations and controversial comparisons.

Fact-Checking Trump’s Comparison

Trump’s claim equates the threat of communism to the most devastating events in American and world history. World War I and World War II resulted in millions of deaths globally and fundamentally reshaped international relations. The attack on Pearl Harbor in 1941 led to the United States’ entry into World War II, while the September 11, 2001, terrorist attacks killed nearly 3,000 people and had profound impacts on U.S. security and foreign policy.

By comparison, Trump’s assertion that communism is a greater threat than these catastrophic events is not supported by historical evidence or current national security assessments. While communism as an ideology has been opposed by the U.S. government for decades, the direct loss of life and immediate impact of the world wars and major terrorist attacks are widely recognized as unparalleled in American history.

Political Fallout and Response

Governor Pritzker responded to Trump’s comments by accusing him of “suffering from dementia,” highlighting the degree of alarm and disbelief such statements have provoked among political leaders. The governor’s remarks underscore the ongoing debate over Trump’s rhetoric and the accuracy of his public statements.

Conclusion

President Trump’s recent claim that communism is a bigger threat to the United States than the world wars, Pearl Harbor, and 9/11 continues his pattern of making sweeping and often unsubstantiated statements. Such comparisons not only distort historical facts but also risk undermining public understanding of the true scale and impact of past national tragedies. As the political discourse intensifies, Trump’s record of exaggerations remains a focal point for both critics and fact-checkers.

Source article

Source: https://thehill.com/homenews/administration/5950569-jb-pritzker-trump-dementia/

Trump’s crypto earnings far outpace the businesses he spent decades building : NPR

NPR Topics: Politics — 2026-07-01 15:11:00 — www.npr.org

Trump’s Crypto Windfall Raises Ethics Questions as White House Dismisses Concerns

A new financial disclosure form reveals that President Trump and his family have collected over a billion dollars from cryptocurrency ventures in the past year alone, a dramatic shift for a president who was once a vocal critic of crypto. Since embracing the sector in his second term, Trump has loosened government scrutiny of cryptocurrencies, a move that has coincided with unprecedented personal profits.

From Crypto Critic to Industry Champion

Trump’s position on cryptocurrency has changed significantly. While he previously criticized digital currencies, he has now become a major supporter, with the White House claiming he has “done great things for America by helping the crypto industry.” This pivot has been accompanied by a surge of revenue from crypto-related businesses, outpacing even the growth of his longstanding property empire.

Ethics Rules Abandoned

In his first term, Trump signed a white paper pledging not to strike new business deals abroad and promised to avoid even the appearance of conflicts of interest. However, according to the Associated Press, these self-imposed restrictions have disappeared in his second term. The language barring deals in countries with significant U.S. government interests is now gone, and Trump’s reluctance to profit from the presidency appears to have vanished as well.

Opaque Investors and Potential Conflicts

The disclosure forms show that Trump’s crypto ventures have attracted massive investments from foreign sources, including a Chinese billionaire, Justin Sun, who purchased $275 million in Trump-related crypto assets. Sun was previously sued for duping investors, a case that was put on hold and later settled for $10 million. Another $500 million came from a company tied to the United Arab Emirates government. Despite these large sums, the public knows little about the majority of Trump’s crypto investors, raising concerns about transparency and potential efforts to curry favor with the administration.

White House Response: Dismissal and Attacks on Media

The White House maintains that Trump “only acts in the interests of the public, not for himself,” asserting that his sons run the business and that he is not involved. Officials have attacked the media for raising ethical questions, calling it “a disgrace” to continue pressing on the issue.

Conclusion

President Trump’s reversal on cryptocurrency, combined with the removal of previous ethical restrictions and the influx of foreign money, has sparked outrage among watchdogs and critics. The lack of transparency around the sources of this billion-dollar windfall and the administration’s dismissive response to ethics concerns leave many questions unanswered about the intersection of presidential power and personal profit.

Source article

Source: https://www.npr.org/2026/07/01/nx-s1-5877483/trumps-crypto-earnings-far-outpace-the-businesses-he-spent-decades-building