00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump defended the income reported in his 2025 financial disclosure on Wednesday,
00:08saying outside institutions manage his investments and he does not speak with them,
00:13according to CNBC. The president reported at least $2.24 billion in revenue in 2025,
00:19according to a CNBC analysis of his annual disclosure forms. That was up from at least
00:24$622 million reported in 2024 before he returned to the White House.
00:28The increase was largely tied to about $1.2 billion in cryptocurrency-related income.
00:34Trump said he is profiting because the stock market is rising and argued that other investors
00:40are also benefiting. He said his money is managed by institutions that invest in a wide range of
00:46assets. The disclosure also showed purchases and sales of hundreds of company stocks,
00:51with some transactions valued between $5 million and $25 million.
00:56Some stock transactions happened near major company-related news events.
01:00The White House denied any conflicts of interest.
01:03For all things money, visit Benzinga.com.
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