Trump brushes off questions on $2.2 billion earnings disclosure including $1.4 billion from crypto

President Donald Trump brushed aside questions on Wednesday after financial disclosures revealed he earned billions of dollars during his first year back in office.

“We have funds that run my money…I don’t even speak to them,” the 80-year-old Republican president told reporters at Joint Base Andrews.

When pressed to address criticism that he is profiting off the presidency, Trump replied: “Well, you know why I’m profiting: because the stock market’s going up. Everybody’s profiting…I’m profiting because I have a lot of money and a lot of cash.”

On Tuesday, financial disclosure forms released by the White House showed Trump earned at least $2.2 billion in 2025, including about $1.4 billion from his family’s cryptocurrency ventures. That figure is more than twice what he earned in 2024, before he was sworn in.

Ex-White House lawyer Ty Cobb, who served in Trump’s first term, has accused him of corruption, commenting on CNN: “The grift is on.”

After taking questions from reporters on Wednesday, Trump boarded his Qatari-gifted Air Force One and traveled to North Dakota, where he is set to speak at the dedication of the Theodore Roosevelt Presidential Library as part of his administration’s celebrations for America’s 250th anniversary.

The new privately run library will open on July 4.

White House spokeswoman Anna Kelly pushed back against criticism of President Trump following the revelation this week that he earned more than $2 billion during his first year in office.

“Let’s remember…why Americans elected this president to office,” Kelly told Fox News on Wednesday. “Because he was an outsider who was tremendously successful in business, built the New York City skyline, uh, and that’s what Americans wanted.”

“They wanted a businessman in office,” she continued. “So he has had a tremendously successful career. Of course his assets are in a blind trust, he has no control of those trades. He’s pretty busy as president.”

The countdown to July 4 is on. Here’s what the president has planned for the 250th anniversary of the signing of the Declaration of Independence.

President Donald Trump said he will host a “spectacular TRUMP RALLY” and “TRIBUTE TO AMERICA” on the National Mall at 7 p.m. on July 4.

The event will feature military bands and orchestras performing selections from the president’s “playlist.”

It will also include flyovers and air shows, followed by “keynote remarks” from the president. Afterward, the National Mall will be illuminated by the “LARGEST FIREWORKS SHOW IN HISTORY.”

The Trump administration has repeatedly sought to compare President Trump to Theodore Roosevelt, the nation’s 26th president, whose presidential library he is set to dedicate in North Dakota this afternoon.

While signing the Great American Outdoors Act in 2020, Trump described his conservation record as “the same or almost as good” as that of the founder of the Bull Moose Party.

Senior administration officials, including former Vice President Mike Pence and Interior Secretary Doug Burgum, have reinforced the comparison.

“Of course the parallels between Theodore Roosevelt and President Trump just keep adding up and up and up,” Burgum told Fox News this week. “Both of them [are] transformative people who really shaped not just the U.S., but shaped the world and the world order.”

Last July, the White House Instagram account posted an image of Trump inside the Colosseum, paired with Roosevelt’s well-known “man in the arena” quote. This year, federal office buildings in the capital were draped with large banners—many of which depicted Trump, though one featured Roosevelt.

The two men share some similarities: both were raised in New York City, survived assassination attempts and cast themselves as outsiders challenging the political establishment. One distinction, among many, is that Roosevelt was awarded the Nobel Peace Prize in 1906 for helping broker an end to the Russo-Japanese War—an honor Trump does not share but has long sought.

John Bolton, a former national security adviser, said this year that he “always worried” that Trump might try to abscond with the prize, which is displayed at the White House.

White House Communications Director Steven Cheung offered a glimpse inside the new, Qatari-gifted Air Force One while en route to the Midwest.

“Maiden voyage on the new Air Force One,” he wrote in a post on X on Wednesday.

He posted a photo which showed a desk and television surrounded by bookshelves. A framed photo of the White House could be seen on a nearby door.

Another photo depicted him alongside White House Press Secretary Karoline Leavitt, Deputy Chief of Staff Stephen Miller and aide Natalie Harp.

While speaking to reporters before departing for North Dakota, President Trump brushed aside questions about disclosures revealing he earned billions during his first year in office.

While in North Dakota on Wednesday for the dedication ceremony of the Theodore Roosevelt Presidential Library, the president will ride a “BNSF Freedom 250 Train” to Medora. Later, he will drive to the library site in his motorcade accompanied by an escort from a ceremonial Rough Riders Troop.

Trump’s dedication address at the new library will take place around 1 p.m. ET.

Other speakers will include North Dakota Gov. Kelly Armstrong, Acting Secretary of the Navy Hung Cao and Secretary of the Interior Doug Burgum.

A record-breaking firework show in Washington, D.C., will be delayed as President Donald Trump turns the July 4 celebration into a campaign-like rally.

More than 850,000 pyrotechnic effects will be launched over the National Mall that night, according to Freedom 250, the White House-backed, public-private group tasked with organizing celebrations for the 250th anniversary of American independence.

Not only will it be the biggest July 4 fireworks show in D.C., but the longest. It will last about 40 minutes, about twice as long as usual, according to event organizers.

Fireworks display won’t kick off until 11 p.m. after ‘TRUMP RALLY’ on the National Mall.

A number of GOP officials and Trump family members are traveling with President Trump to North Dakota for the opening of the Theodore Roosevelt Presidential Library on Wednesday.

Interior Secretary Doug Burgum, a former governor of North Dakota, is attending the event. Speaking to Fox News yesterday, he drew comparisons between Trump and Roosevelt.

“Of course the parallels between Theodore Roosevelt and President Trump just keep adding up and up and up,” Burgum said. “Both of them [are] transformative people who really shaped not just the U.S., but shaped the world and the world order.”

GOP Congresswoman Julie Fedorchak, North Dakota’s sole representative, is also traveling with President Trump aboard Air Force One. In a video posted to X outside the new Qatari-gifted plane, she said: “Today is a really big day for North Dakota.”

The president’s eldest sons, Eric Trump and Donald Trump Jr., were also spotted on the tarmac.

The president did secure one major ruling in his favor from the SCOTUS yesterday, allowing states to ban transgender student-athletes from competing in female sports, which he described as a “Big Win.”

In a 6-3 ruling, the justices upheld laws in West Virginia and Idaho that prohibit transgender athletes from joining girls’ and women’s teams at public schools and universities.

The decision could have a sweeping impact, as 25 states have similar laws on the books.

Reacting on Truth Social, Trump said: “BIG WIN: The United States Supreme Court just RULED AGAINST MEN PLAYING IN WOMEN’S SPORTS. Wow! That takes that ridiculous situation off the table!!!”

The president will make his first flight on the new Air Force One gifted to the U.S. by Qatar Wednesday as he travels to North Dakota to tour its new Theodore Roosevelt Presidential Library.

The 96,000 square foot library in Medora, overlooking a national park named after the 26th president, will open its doors to the public Saturday as part of the country’s Fourth of July and “America 250” celebrations marking the 250th anniversary of the signing of the Declaration of Independence.

To get there, Trump will be departing from Joint Base Andrews in Maryland aboard the $400 million Boeing VC-25B aircraft he was presented with in Doha last year, a gift met with accusations of influence-buying against the emirate.

The luxury jumbo jet sparked uproar for a second time when it emerged that it would require significant and costly upgrades to meet the standards required of a presidential plane, with some estimates pricing the refurbishment work at $1 billion.