The American Democracy Minute Radio News Report & Podcast for July 9, 2026


Financial filings by President Donald Trump show he and his family’s cryptocurrency businesses accounted for $1.4 billion dollars in gains in 2025. While his spokesperson says there’s no conflict of interest, his crypto holdings and policies tell a different story.
June 30th’s disclosures detail the President’s holdings in real estate, the stock market, Trump sneakers and Trump watches. But it’s his cryptocurrency ventures from which he made the most, estimated at $1.4 billion dollars. This includes his so-called meme coin, commissions from his family’s World Liberty Financial cryptocurrency sales, and from selling shares of that company.
Having just launched World Liberty Financial in September 2024, the President issued his executive order, STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY only 8 days after inauguration, setting a crypto-friendly tone for the administration. This was followed by the GENIUS Act, passed in July 2025, allowing the Treasury Department to regulate crypto, and requiring the backing of stablecoin crypto funds with U.S. currency and treasury bonds.
Historically, no president has so blatantly benefitted from his own policy making. White House spokesperson Anna Kelly told the Washington Post, “Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest.”
We’ve linked to ProPublica’s posting of Trump’s financial disclosure and more at AmericanDemocracyMinute.org. I’m Brian Beihl.
Today’s Links
Articles & Resources:
The White House – STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY
The White House – President Donald J. Trump Signs GENIUS Act into Law
ProPublica – Trump Team Financials – Donald J. Trump
Citizens for Responsibility and Ethics in Washington – President Donald Trump Disclosure forms
ProPublica – Documents Reveal a Web of Financial Ties Between Trump Officials and the Industries They Help Regulate
PolitiFact – Trump says stock market drove his 2025 income gains, but the majority came from crypto
The Washington Post – Trump’s income topped $2 billion in 2025, boosted by crypto, coin ventures
Related ADM Reports:
American Democracy Minute – President Trump’s Crypto Conflicts Compound as United Arab Emirates Investment Fund Uses $2B in Trump-Backed Cryptocurrency for Deal
Register or Check Your Voter Registration:
U.S. Election Assistance Commission – Register And Vote in Your State
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