White House to CE Report: Trump has never engaged in conflicts of interest - EXCLUSIVE

White House to CE Report: Trump has never engaged in conflicts of interest - EXCLUSIVE

Politics

Neither the President [Donald Trump] nor his family has ever engaged - or will ever engage - in conflicts of interest.

This was said by Anna Kelly, Special Assistant to the President and White House Principal Deputy Press Secretary in an exclusive statement to CE Report.

"President Trump proudly made the United States the crypto capital of the world through executive actions, supporting legislation like the GENIUS Act, and other commonsense policies to drive innovation and economic opportunity for all Americans," said Kelly.

She noted that all actions by President Trump and his administration are taken in the best interest of the American people.

"Any so-called ‘reporters’ pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade,” Kelly concluded.

Earlier, according to a financial disclosure made public by the US Office of Government Ethics, US President Donald Trump reported more than $1 billion in cryptocurrency-related income last year.

His stake in World Liberty Financial alone brought in well over $500 million, according to the filing. World Liberty Financial is a company owned by the US president's family that operates in the cryptocurrency sector.

Trump received a further $635 million in licensing fees from so-called Celebration Coins, according to the disclosure.

The president's cryptocurrency income is under scrutiny partly because his administration is aggressively promoting the trade in digital currencies. Trump has said he wants to turn the United States into a "Bitcoin superpower" and has been dismantling regulations since taking office.

Trump also retrospectively pardoned Changpeng Zhao, the founder of cryptocurrency exchange Binance, who had been convicted of violating anti-money laundering laws. After Trump's re-election, Binance entered into close business ties with World Liberty Financial.

Trump's nearly 1,000-page disclosure also lists gifts, including 10 Super Bowl tickets worth $50,000 from sports executive Gayle Benson. FIFA President Gianni Infantino also gave Trump 10 tickets to the World Cup final, worth a total of $15,000.

Trump's unusually high income for a US president has drawn attention before. In mid-May, a similar disclosure showed that Trump had invested millions in technology giant Apple shortly before his trip to China. Apple chief executive Tim Cook accompanied him to Beijing.

Photo: X/AnnaKelly47

This story was prepared by Julian Müller

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