NPR News: 07-01-2026 4PM EDT

Lakshmi Singh· Host0:01

Live from NPR News, I'm Lakshmi Singh. President Trump's newest financial disclosures reveal he made over a billion dollars from his cryptocurrency businesses in his first year back in office.

Speaker 20:13

I'm profiting because I have a lot of money and a lot of cash, and we- I give it to institutions. I don't know if they know what they're doing or not, but, uh, they buy a vast array of things.

Lakshmi Singh· Host0:25

The Washington Post's Clara Enns Morse says Trump made millions more in other ventures.

Speaker 30:30

His real estate businesses, his resorts, Mar-a-Lago, his golf companies, which are making a lot [chuckles] more income now than they did when he was out of office.

Lakshmi Singh· Host0:39

Yeah.

Speaker 30:39

Um, so you can see here that there are a lot of avenues that Trump and the Trump family have to bring in cash, and they have been maximizing those revenue streams, basically, in 2025.

Lakshmi Singh· Host0:51

Morse speaking with NPR's Here & Now. Trump defended the disclosures to reporters at Joint Base Andrews today as he was boarding his first flight on the new Air Force One, a gift from Qatar. Democratic Congressman Jason Crow of Colorado wrote on social media today, quote, "This grift and corruption is staggering." He and other Democrats accuse Trump of using his position for personal gain while many Americans grapple with the highest inflation rate in three years. Today marks a week since two major earthquakes struck Venezuela. NPR's Ada Peralta reports that last night, the streets in one of the most hard-hit areas were lined with bodies.