The Unprecedented Personal Profits of Trump’s Presidency
7/9/202630 min
A recent financial disclosure shows that President Trump has made $2.2 billion since he returned to office.
Today, Eric Lipton, a New York Times investigative reporter, reveals the Trump family’s next potential windfall and how the president’s position is once again helping it happen.
Guest: Eric Lipton, an investigative reporter for The New York Times.
Background reading:
- Mr. Trump and his family reaped huge financial rewards from a crypto venture, even as routine investors suffered vast losses.
- He has collected about $1.4 billion in new revenue from businesses that directly benefited from his actions as president.
Photo: Sergey Ponomarev for The New York Times
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
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Clips
Transcript preview
First 90 secondsWinna Lu0:00
[gentle music] I'm Winna Lu. I write the game Connections, one of the puzzles from New York Times Games, and I love horror movies. I love my dog, and I love trying to trick you.
Sam Mazursky0:09
I'm Sam Mazursky, and I create the game Spelling Bee and Letter boxed on a daily basis. And I have this thing called chromesthesia. I see color when I'm listening to music.
Speaker 30:18
New York Times games are made by people like the ones you just heard from. Go to nytimes.com/games to start playing today.
Rachel Abrams· Host0:28
[upbeat music] From The New York Times, I'm Rachel Abrams, and this is The Daily. To an extent never before seen in American history, President Trump has turned the presidency into a cash cow for his family's businesses. A recent financial disclosure shows that the president has made $2.2 billion since he retook office. But the Trumps are not done. And today, my colleague, Eric Lipton, explains the family's next potential windfall and how the president's position is once again helping it happen. It's Thursday, July 9. Eric Lipton, welcome back to the show.
Eric Lipton· Guest1:28
Thanks for having me.