Wednesday, July 1, 2026

Trump Brags After Revealing How He Turned Presidency Into Cash Grab

 

Trump Brags After Revealing How He Turned Presidency Into Cash Grab

https://newrepublic.com/post/212588/trump-financial-disclosure-corruption-profit 

Donald Trump’s latest financial disclosure reveals the staggering amount of money he’s made as president.

 Donald Trump coin is pictured alongside Bitcoin and various other cryptocurrencies in this photo illustration
Jonathan Raa/NurPhoto/Getty Images

President Trump’s 927-page 2025 financial disclosure shows that he made over $2 billion during his first year back in the White House, thanks to cryptocurrency, foreign real estate, stock trading, and more.

The disclosure, released on Tuesday by the U.S. Office of Government Ethics, revealed that more than half of those earnings come from the president’s various cryptocurrency endeavors. He took in $526 million in token sales from World Liberty Financial, the crypto group run by his sons Eric and Donald Jr., and $635 million from a license agreement with a company connected with his $TRUMP meme coin.

Critics noted that the wealth from the meme coin in particular wasn’t trickling down to any of the regular people who invested in it.

“If you invested $10,000 in Trump coin on January 20th, 2025, it would be worth $415 today,” liberal podcaster Chris Mowrey wrote Tuesday on X. “You lost everything. He made half a billion.”

Trump also raked in nearly $60 million from licensing fees for foreign real estate projects in the United Arab Emirates, Saudi Arabia, Qatar, India, Bucharest, Vietnam, the Philippines, Oman, and Scotland. He saw nearly $80 million in earnings last year from his Mar-a-Lago resort.

The president made money in the stock market as well, buying or selling a whopping 21,000 times with companies he talks about publicly like Nvidia and Intel. His initial self-reporting of his trading last year showed only 800 transactions—way less than what he actually did. He also received over $350,000 in “gifts and travel reimbursements”—Super Bowl tickets, World Cup tickets, NASCAR tickets—from wealthy individuals trying to curry favor with him.

The president maintains that he has no active role or conflicts of interest in managing his ever-increasing wealth. He was asked to respond to criticism that he was “profiting off the presidency” on Wednesday morning.

“Well, you know why I’m profiting? Because the stock market’s going up. Everybody’s profiting,” he said. “I’m profiting because I have a lot of money, and a lotta cash, and I give it to institutions.”

E. Jean Carroll Moves to Collect the Millions That Trump Owes Her

Carrroll’s attorneys have asked a federal judge to order Donald Trump to pay up already.

E. Jean Carroll
Steven Ferdman/Getty Images

E. Jean Carroll is wasting no time collecting the $5.8 million President Trump has to pay her after the Supreme Court refused to hear his effort to overturn his defamation verdict.

Following the court’s decision Monday, Carroll immediately moved to collect from the bond Trump deposited in the court’s registry. Carroll is requesting the $5 million ordered in the jury verdict in the defamation case, as well as nearly $800,000 in interest due to the delayed payment.

X Adam Klasfeld @KlasfeldReports Breaking: E. Jean Carroll moved to the collect $5,779,783 from the bond Trump deposited in the court's registry, since that verdict reached the "end of the line" at SCOTUS. Trump's lawyers are still trying to delay, per the filing. Screenshot: The Court should enforce the plain language of the existing Stipulation and Order and direct immediate disbursement of funds held in the CRIS. Defendant Trump obtained a stay of execution pending appeal only by explicitly agreeing that the funds placed in the Court’s account would be disbursed upon the conditions set out in the Stipulation and Order. Those conditions were satisfied when the Supreme Court denied his petition for certiorari. Nothing in the Stipulation and Order, the Federal Rules, or the Supreme Court’s Rules permits him to disregard the parties’ agreement subsequently so ordered by Your Honor based on the fact that he is considering seeking reconsideration of the denial of certiorari.2 Accordingly, the Court should direct the Clerk to disburse to Carroll the value of the judgment including post-judgment interest, which amounts to $5,779,783.00 in total as of the date of this filing.

But even though the Supreme Court is supposed to be the end of the line, the president is still trying to delay paying up.

Trump should have no ability to delay the court decision, as not a single justice registered a dissent. But he has difficulty accepting when things don’t go his way, especially in his second term as president. After the court turned him down Monday, Trump crashed out on Truth Social.

“Surprisingly, the Supreme Court declined to ‘review’ a Fake Case brought against me by a woman I never met (Decades old celebrity photo line, standing with her husband, does not count!),” Trump posted.

“This Case is really against the United States of America, and all it stands for, and should never be allowed to happen to another President, or Candidate to be!” Trump added.

Future presidents and candidates hopefully won’t have a long, dragged out case of sexual assault against them where they refuse to admit wrongdoing and repeatedly defame their accuser. Trump has made history in multiple ways as president, including a refusal to just take the L and move on. It’s not like he can’t afford the payout, anyway.

Trump Hosts Convicted Election Fraudster at White House

Donald Trump pressured Colorado Governor Jared Polis into freeing Tina Peters.

Tina Peters speaks during an event
Timothy Hurst/MediaNews Group/The Denver Post/Getty Images

President Donald Trump invited Tina Peters, the former Colorado county election clerk found guilty of tampering with voting machines, to the White House on Tuesday.

Trump took to Truth Social to brag about the “honor” of meeting up with a fellow election denier.

“Tina Peters just came to the White House to thank me for getting her released from prison in Colorado,” the president wrote. “She was put there because she found Election Fraud, but instead of arresting the people that committed the Fraud, they arrested her!”

Trump posted a photograph of the two of them smiling from behind his desk in the Oval Office.

Peters became a mascot of the MAGA movement’s supposed victimhood after she was sentenced to nine years in prison for conspiring to publicize the voting machine records in Mesa County. She turned all the cameras off while allowing fellow election denier Conan Hayes to copy, photograph, and download information in an effort to prove Trump’s election fraud claims in 2020. Peters was freed from prison after the Trump administration pressured Democratic Colorado Governor Jared Polis into granting her clemency.

“What she went through should never happen to anyone again,” Trump wrote. “Just think of it, she caught the Democrats cheating, and they put her in jail for Voter Fraud.”

Of course, the Mesa County district attorney’s office uncovered zero evidence to back up Peters’s claims of voter fraud. The only evidence of any election meddling in 2020 came from Trump’s own camp.

Judge Cites Hegseth’s Own Words as He Blocks Pentagon’s Media Limits

Defense Secretary Pete Hegseth’s words came back to haunt him, as a federal judge blocked his restrictions on reporters covering the Pentagon.

Defense Secretary Pete Hegseth appears gloomy
Aaron Schwartz/AFP/Getty Images
Defense Secretary Pete Hegseth

Secretary of Defense Pete Hegseth’s complaints about media coverage came back to bite him Tuesday.

A federal judge ordered a preliminary injunction against the Defense Department’s restrictions on press access to the Pentagon, based in part on “a consistent stream of derisive comments beginning shortly after the confirmation of Secretary Hegseth and continuing through the present.”

U.S. District Judge Paul Friedman temporarily blocked a rule stating that all journalists visiting the Pentagon were required to have an official escort while a lawsuit The New York Times filed against the rule is reviewed in full by the court.

“This court has spoken at several points about the critical importance of protecting the freedoms enshrined in the First Amendment, and that evergreen message bears repeating,” Friedman wrote.

Hegseth has criticized media outlets whose coverage has not reflected well on himself or the department. The judge quoted Hegseth’s March attack on the Times, where he accused the paper of “slashing and burning people to ruin their reputations.”

Friedman quoted Hegseth’s complaints about the “legacy Trump-hating press” peddling “endless stream of garbage,” as well as the time he compared reporters to the biblical “Pharisees” who “held counsel against [Jesus]” and “scrutinized every good act in order to find a violation, only looking for the negative.”

The judge also made sure to include several quotes from Sean Parnell, the assistant to the secretary of defense for public affairs, including when he called the Times garbage.”

In October, the Department of Defense said that it would revoke the press passes of journalists who shared classified or unclassified information without the Pentagon’s preapproval. The Times sued, and Friedman ruled in the newspaper’s favor in March, after which the DOD issued a revised policy with the escort rule. In May, the Times sued again over the new rule, which prevented journalists from free movement around the building in authorized spaces without an escort.

The DOD has argued that reporters have gained sensitive information based on roaming around Pentagon headquarters, alleging that they “maintain a persistent physical presence near sensitive spaces within the Pentagon.” It has also granted press credentials to friendly right-wing media outlets and influencers at the expense of critical outlets. On Tuesday, though, Hegseth and the rest of the department had to face the consequences of their own words and actions.

Mike Johnson Accidentally Tanks Defense Budget Bill Over SAVE Act

Republicans revolted against Donald Trump’s signature legislation.

House Speaker Mike Johnson looks down while surrounded by reporters in the Capitol
Anna Moneymaker/Getty Images

A procedural vote on the National Defense Authorization Act failed to pass the House Tuesday, in no small part because the SAVE America Act was attached to it.

The lower chamber voted 198–224 to reject the rule, with 14 Republicans joining Democrats to oppose the last-minute addition of Donald Trump’s voter restriction bill to the proposed Pentagon budget.

Representatives Tim Burchett, Eric Burlison, Eli Crane, Randy Fine, Andy Harris, Anna Paulina Luna, Max Miller, Chip Roy, Keith Self, Victoria Spartz, Mike Turner, Thomas Massie, and Lauren Boebert all voted “no.” House Majority Leader Steve Scalise switched his vote, as well, but only so that Republicans could readdress the matter in future.

The stalled NDAA vote is a major blow to leaders of both parties, who have historically passed the defense spending package with minimal partisan objections. But the wide rejection also illustrates the low level of support behind the SAVE America Act, despite repeated insistence from the White House that it needs to be turned into law.

Since Trump lost the 2020 election, he and his allies have amped up their base over contrived claims of voter fraud, a statistical nonissue in U.S. elections. Trump has worked overtime to force his unpopular election reform proposals through the legislature, throwing confirmation hearings and bipartisan bill signings to the wayside while demanding Republicans prioritize passing the SAVE America Act.

The backlash to the bill—which was introduced months ago—has been grave, so much so that it gummed up efforts to fund Homeland Security for several months. Republicans eventually had to bail on the package to end the congressional gridlock.

Trump has nonetheless opted to make it a legislative priority once again, effectively paralyzing the House for another week. House Speaker Mike Johnson told reporters Tuesday that the lower chamber would work on the matter for another day and a half and try to hold another vote by the end of the week.

Woman Who Accused Trump of Abusing Her as a Teen Now Living in Fear

“Jane Doe 4” is one of the only people in the Epstein files who also accused Trump of sexual assault.

photo of Donald Trump and Jeffrey Epstein at a bus stop
Leon Neal/Getty Images

An anonymous victim of Jeffrey Epstein who has accused President Trump of sexually assaulting her is reportedly living in fear of retaliation.

The Guardian reports that the woman identified in the federal government’s Epstein files as “Jane Doe 4” is “living off the grid” and fears retaliation from the Trump administration, according to one of her relatives.

“Trauma is brutal. Chronic trauma destroys. She’s coping as best she can,” the relative told the publication, saying the woman had been abused since early childhood. “She’s coping as best she can.”

Jane Doe 4 spoke to the FBI in 2019, telling agents she was abused by Epstein in the 1980s and sexually assaulted by Trump when she was between 13 and 15 years old on Hilton Head Island in South Carolina. In March, South Carolina’s Post and Courier confirmed certain details of the woman’s life outlined in the Epstein files. None of these details were related to her allegations against Trump.

There’s no evidence the FBI followed up after the woman made the allegations. One of her attorneys, who accompanied her in two of her FBI interviews, said he never received follow-up calls from the agents nor got copies of their reports, which normally are given to defense counsel. In her final FBI interview, the woman cut off contact with the bureau, telling agents that she believed she was being followed.

White House press secretary Karoline Leavitt told The Post and Courier the woman’s allegations were “baseless accusations from decades ago’’ that “are backed by zero evidence or facts,” describing her as “a sadly disturbed woman who has an extensive criminal history.”

The woman’s account is one of the few from the Epstein files that accuse Trump directly, and the Justice Department has been criticized for its handling of her case files. Last week, a federal judge ordered the Justice Department to comply with the Epstein Files Transparency Act and either release any unreleased Epstein files—including interview notes on Jane Doe 4—or explain why it can’t do so.

There are about 2.5 million unreleased government files on Epstein, which were either classified as “duplicative” or remain legally protected by the DOJ for unknown reasons.

“It should not be Jane Doe 4’s responsibility to keep coming forward,” Sky Roberts, the brother of Epstein victim Virginia Giuffre, told The Guardian. “She’s already given her testimony to the FBI. It should be Justice’s responsibility to take that evidence and press forward.”

Far-Right Host at Trump State Fair Lectures Kid on Salem Witch Trials

A crowd of dozens of people watched the bizarre exchange.

An aerial view of the crowd at the Great American State Fair
Tierney L. Cross/Getty Images

President Donald Trump’s “Great American State Fair” just gets weirder and weirder.

The Daily Wire’s Michael Knowles stopped by the fair Monday to play the “Yes or No Game,” the conservative commentator’s weirdly political alternative to Cards Against Humanity.

A video appeared to show Knowles onstage lecturing a young girl about the Salem witch trials—and revealing his own outrageous opinions.

“The one area where the Salem witch trials went a little far is, I would say, they weren’t organized enough,” Knowles said. “So, you had these, like, random judges who were, you know, kind of, burning these ladies.

“I don’t know if they were guilty or not,” he continued. “But I think more—if it were more formalized, built up a little bit more, maybe with like a grand inquisitor or something, that would’ve been the way to do it.”

What’s worse: that Knowles thinks the problem with the Salem witch trials was that they were too disorganized, or that he can’t say whether the women were actually guilty of witchcraft? Actually, never mind. The second one is definitely worse.

It appears that since several high-profile musical artists backed out of the fair, the brains behind the festivities have struggled to come up with alternative programming—and the visibly low attendance clearly reflects that.

So far, Trump’s state fair has been supremely underwhelminga: beset by bad reviews, technical difficulties, and disappointing weather delays.

MAGA Brands Amy Coney Barrett a Traitor Over Birthright Citizenship

Barrett voted with the Supreme Court majority on upholding the Fourteenth Amendment.

Supreme Court Justice Amy Coney Barrett speaks and gestures while sitting during an event
Chip Somodevilla/Getty Images
Supreme Court Justice Amy Coney Barrett

The MAGA world raged Tuesday at Trump-appointed Supreme Court Justice Amy Coney Barrett for voting to uphold birthright citizenship.

The Supreme Court’s ruling left right-wing pundits predictably fuming, as Donald Trump has made it perfectly clear that he believes the high court’s conservative justices—especially the ones he saw appointed to the bench—owe their fealty to him over the law.

The Daily Wire’s Matt Walsh called Barrett the worst thing he could possibly think of: a woman.

“It turns out that Amy Coney Barrett is a DEI hire, little better than Kentanji Jackson. Terrible pick,” Walsh wrote on X Tuesday. “When’s the last time we had a Republican president who didn’t put a liberal justice on the court?”

“The worst Supreme Court Justices of all time have all been women. That’s just a fact. Republican presidents should take the hint,” Walsh wrote in a separate post, including an image of the high court’s four female justices.

But Walsh had originally celebrated Barrett’s nomination in 2020, calling the jurist’s selection a “bullet proof choice.” Ouch.

Conservatives had previously raged against Barrett last year after she joined the court’s liberal justices in dissenting against a decision granting Trump emergency relief to use the “Alien Enemies Act” to deport immigrants at whim. The fervor was reignited Monday after Barrett sided with the liberal justices to reject the Trump administration’s plan to gut mail-in voting.

Speaking on her radio show Monday night, Megyn Kelly fumed that Barrett had become a “turncoat,” because she was “constantly siding with the left.”

Before the Supreme Court had even delivered its opinion on birthright citizenship, Joey Mannarino, a far-right internet personality, wrote on X: “If Amy Coney Barrett really votes against ending birthright citizenship, we should begin to look into how to deport her Haitian child back to Haiti.”

Supreme Court Takes Up Monumental Case on Assault Weapons Bans

The Supreme Court has agreed to hear a “gun rights” challenge to state bans on weapons like the AR-15.

AR-15 pointed out the window
Silas Stein/picture alliance/Getty Images

The Supreme Court on Tuesday agreed to hear a challenge to state and local bans on assault weapons, a move that could destroy restrictions on semiautomatic weapons like AR-15s—which are popular with mass shooters.

While the court chose not to adjudicate the issue last year, four of the court’s six conservative justices at the time expressed their opposition to such bans on Second Amendment grounds. The issue will be taken up in the court’s next term in October.

The specific bans that will be challenged originate in Connecticut and Cook County, Illinois—part of the greater Chicago area. Connecticut’s law is directly related to the 2012 Sandy Hook shooting, in which Adam Lanza shot and killed 20 children and six adults with an AR-15, a shotgun, and two semiautomatic pistols.

“We will not back down from defending Cook County’s long-standing ban on assault weapons. These weapons of war are designed to inflict maximum carnage and have no place in our communities,” Cook County State’s Attorney Ellen O’Neill Burke wrote on X. “Countless victims have already endured the devastating impact of gun violence. We will defend this lawful ordinance before this nation’s highest court to continue protecting the people of Cook County.”

Trump Threatens to Break the Law Over Birthright Citizenship

Donald Trump is trying to act like the fight isn’t over.

Donald Trump speaks while sitting at his desk in the Oval Office. He rests his forearms on the desk and gestures with his hands.
Alex Wong/Getty Images

Donald Trump claims to have a trick up his sleeve to upend birthright citizenship—though his plan to do so would most likely run afoul of the law.

The president downplayed the Supreme Court decision Tuesday that killed his attempts to rewrite the Fourteenth Amendment, claiming that he and his allies could “easily make it up in Congress through Legislation.”

“No long and unwieldy Constitutional Amendment is necessary!” he wrote on Truth Social. “Congress should start TODAY to work on ending expensive and unfair to our Country, Birthright Citizenship. They will have my Complete and Total Support!”

But that’s simply not true. Any attempt to change or alter birthright citizenship would require a constitutional amendment, since the right was enshrined in the Constitution in 1868 when Dred Scott was overturned and the Fourteenth Amendment was ratified.

Accomplishing that would require a level of coordination and bipartisanship seemingly beyond the current Republican Party. A constitutional amendment requires a supermajority—two-thirds of both the House and Senate—to pass. Alternatively, the issue could technically be put to a constitutional convention, though two-thirds of states would need to support the motion to have one at all, and any proposed changes to an amendment would still require ratification by three-fourths of the states.

The president was still embittered by the ruling hours after it was read at the bench, writing in a separate post that he “would like to congratulate President Xi, and the Great Country of China, on their massive Birthright Citizenship WIN.”

In another post, Trump went on to claim that while the Supreme Court’s birthright ruling was a “loss” for his second-term agenda, he had actually won the “biggest and most consequential Decision” when the court extended him (by a 6-3 margin) sweeping new authorities over some two dozen agencies that were originally intended to be independent. That included granting him the ability to fire members of the Federal Trade Commission.

 

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