WASHINGTON: President Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday.

The filings, his annual disclosure for 2025 with the US Office of Government Ethics, disclosed that his companies received almost $800 million from World Liberty Financial, a crypto venture he and his sons co-founded. That income, which the president splits with family members, included more than $520 million from sales of crypto tokens and more than $250 million from the sale of interests in the World Liberty business.

Trump reported another $635 million from the sale of his Trump meme coins. The news underlines how crypto has transformed the president’s fortunes. In his disclosure a year ago, for example, the president reported $57.35 million from token sales at World Liberty, which then leaped nine-fold in this years filing.

US president says his acting spy chief has wide permission to declassify records

Permission to declassify records

President Trump said on Wednesday that his acting spy chief has wide permission to declassify records, including potentially those tied to the 2020 election, even though his close ally is only at the intelligence helm for a short time.

Trump appointed Bill Pulte as acting director of national intelligence last month, elevating a political loyalist with no national security experience at a time of war and global tensions.

Following a political backlash over his pick, Trump subsequently nominated Jay Clayton, the top US attorney for Manhattan, but then abruptly postponed Clayton’s confirmation hearing in an effort to force Congress to pass a strict voter identification bill.

“Bill’s there, just, you know, for maybe a month or two months or something,” Trump told reporters as he departed Joint Base Andrews for an event in North Dakota. “But while he’s there, I said, ‘You can declassify whatever you want’.” Asked if that included records related to the 2020 election, Trump added: “I told him you could do it, it’s fair. You got to ask him.” Trump, who won a second White House term in the 2024 election after losing in 2020, has long falsely claimed widespread fraud in U.S. elections.

The Office of the Director of National Intelligence oversees the premier foreign spy service, the Central Intelligence Agency, and the National Security Agency, the massive agency that eavesdrops on foreign communications and helps defend the United States against cyberattacks.

It was not clear when lawmakers would act on Clayton’s nomination, but Trump told reporters there would be a hearing in two weeks. Congress is in recess for the July 4 holiday and no hearing was listed on the Senate Intelligence panel’s website.

Pulte currently leads the Federal Housing Finance Agency but will also remain as ODNI until Clayton is approved by the Senate. Pulte has reportedly already moved to cut hundreds of intelligence jobs.

Published in Dawn, July 2nd, 2026