Trump says outside funds 'run my money' after disclosure shows billions in 2025 revenue
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Trump told reporters at Joint Base Andrews that 'we have funds that run my money,' claiming he uses 'blind accounts' managed by big institutions and doesn't speak to anyone handling his investments — telling Americans his gains track a rising market in which, per SEC data, 54.4% of households are invested.
- His 2025 financial disclosure showed at least $2.24 billion in revenue across 927 pages, roughly 3.6x the $622 million he reported in 2024, according to CNBC's analysis of the annual filing.
- Roughly $1.2 billion of that jump came from cryptocurrency-related income, including about $580 million tied to World Liberty Financial — the family-co-founded company behind the WLFI governance token and USD1 stablecoin — and $635 million in royalties from 'Celebration Coins' linked to Trump's memecoin business CIC Digital LLC.
- The disclosure also flagged stock trades that coincided with major company news, including a $500,000–$1 million Amazon purchase on Sept. 23, the same day a federal trial began over allegations Amazon duped customers into Prime memberships; transactions ranged as high as $5 million–$25 million.
- White House spokeswoman Anna Kelly rejected conflict-of-interest concerns, defending Trump's crypto disclosures by citing his executive actions supporting legislation like the GENIUS Act and accusing reporters of 'recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade.'
- Trump made the comments while boarding a Qatar-gifted Boeing 747-8 converted to serve as the new Air Force One, his first flight aboard the aircraft.
Why it matters: Trump's 'blind account' defense sits awkwardly beside $1.2 billion in crypto income flowing through family-linked ventures like World Liberty Financial and CIC Digital LLC — businesses that issue tokens and memecoins that trade on the president's own political brand. With disclosure showing individual stock trades worth up to $25 million timed near major company news, the optics fight Trump is trying to neutralize with a 'rising tide lifts all boats' argument is the same fight that generated congressional scrutiny over his Axon purchase ahead of a $220 million ICE Taser contract.
