US EditionWhite House: ‘Ridiculous’ to think Trump doing anything for his own personal wealth
- The White House defended President Trump on May 9, 2025, against allegations he profited personally while in office, amid controversy over a $320 million cryptocurrency coin linked to him.
- The controversy arose after the $Trump coin, announced before Trump's inauguration, offered buyers a dinner with him at his Virginia golf club on May 22, prompting Senate legislation to restrict officials endorsing financial instruments.
- A spokesperson for the White House highlighted that Trump prioritizes the American public's interests, having twice left a prosperous real estate career to serve in public office, and asserted that he has incurred financial losses as president despite his family's continued involvement in multi-billion-dollar Middle Eastern real estate and cryptocurrency projects.
- Leavitt also contrasted Trump with predecessor Joe Biden, stating Biden profited from family business interests involving Hunter Biden and questioned why similar scrutiny was not applied to Biden's office.
- This defense coincides with Trump's upcoming Middle East trip aimed at expanding trade and the Abraham Accords, while Senators Jeff Merkley and Chris Murphy plan legislation to limit presidential financial endorsements due to potential conflicts of interest.
13 Articles
13 Articles
Leavitt: Ridiculous to Think Trump Profits From Presidency
It’s “ridiculous” to think President Donald Trump is benefiting financially from his White House term, White House press secretary Karoline Leavitt said Friday, The Hill reports. “Not to my knowledge and let me just get to the premise of your question that both of you have raised,” Leavitt told reporters when asked whether family members were joining the president on his visit and if Trump had plans to meet with anyone involved with the family b…
Leavitt Spars With Reporter Who Suggests Trump Could Use Middle East Trip For Personal Profit
White House Press Secretary Karoline Leavitt sparred with a reporter who suggested that President Donald Trump was personally profiting from his time as president — specifically his upcoming trip to the Middle East — saying as Trump has in the past that he was likely losing money while he held the office.During Friday’s White House briefing, a reporter asked whether Trump, while visiting the Middle East, planned to meet with people associated wi…
Colorado Springs Gazette
Denver GazetteLeavitt bats down suggestion that Trump profits from presidency as ‘ridiculous’
The White House is defending President Donald Trump from allegations that he is profiting from being president. White House press secretary Karoline Leavitt was first asked about Trump promoting his meme coin, $Trump, on his social media accounts. The group…
White House: ‘Ridiculous’ to think Trump doing anything for his own personal wealth
White House press secretary Karoline Leavitt said Friday it would be "ridiculous" to think President Trump is personally benefiting from his time at the White House, calling out reporters for questions about his family’s business ventures while in office. Ahead of Trump’s trip to the Middle East next week, Leavitt pushed back on questioning over whether any family members are joining him and if the president has any plans to meet with people inv…
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