Democrats seize on Trump earnings to go after GOP on affordability
Democrats seize on Trump earnings to go after GOP on affordability
President Trump raked in billions of dollars while in office over the past year, setting up a split screen ahead of the midterm elections as Americans confront rising prices and a lackluster jobs environment.
Financial disclosures released Tuesday show the president made more than $2 billion in 2025, including $1.2 billion in cryptocurrency related income.
It’s giving new ammunition to Democrats who want to contrast Trump’s economic experiences over the last 18 months to that of many voters, complicating the GOP’s effort to drive home its own economic message ahead of the midterm elections.
“It makes it harder. There’s no question about it,” Douglas Holtz-Eakin, president of the American Action Forum, told The Hill.
“What you want more than anything else is to have the leader of the party feeling the people’s pain, identifying with the key issues that are troubling them,” he continued. “And there’s no way to make that happen now.”
Trump made more than $2 billion last year, a steep increase from 2024, when he reported more than $600 million in income.
More than half of the president’s income in 2025 came from his and his family’s various crypto-related ventures. He made about $594 million in connection with World Liberty Financial, the company he launched alongside his sons in 2024.
Another $635 million appears to be tied to his meme coin $TRUMP, which he released shortly before his inauguration in January 2025.
He also made $86.5 million in legal settlements with major media and technology companies, including ABC, CBS, Meta, YouTube and the social platform X.
Trump’s various properties remain a significant source of income as well. His Mar-a-Lago resort in Florida brought in $77.4 million last year, while his golf clubs across Florida, New York, New Jersey and Scotland made him a combined $252.5 million.
Additionally, The New York Times reported that Trump and Commerce Secretary Howard Lutnick secured a billion-dollar mining deal between the U.S. and Kazakhstan and that an investment firm owned by Trump’s sons took a 20 percent stake in a corporate entity connected to the mining........
