US Treasury Secretary: President’s Nearly $1.4 Billion in Crypto Revenue Poses No Issue

Odaily Planet Daily reported that U.S. Treasury Secretary Scott Bessent stated in an interview with CBS News that the recently disclosed approximately $1.4 billion in revenue earned by President Donald Trump through crypto projects poses no issue for the president. Financial disclosures show that since the start of his second term, Trump has earned about $1.4 billion from crypto ventures including the TRUMP meme coin and World Liberty Financial.

Congressional Democrats criticized this, arguing that as the current administration seeks to ease cryptocurrency regulations, it presents a conflict of interest. White House spokesperson Anna Kelly responded that the disclosure reveals no conflict of interest. Additionally, Bessent expressed optimism about the U.S. economic outlook, noting that over 6 million Trump Accounts have been opened, a project aimed at helping minors invest in the stock market to improve financial literacy. (CBS News)