CA, US & World
President Trump's Financial Disclosures Reveal $2.2 Billion in 2025 Income, Driven by Crypto Profits
President Trump released his financial disclosure forms this morning, revealing he made over $2 billion last year, with the majority of that income originating from cryptocurrency.
The newly released financial disclosure forms, spanning nearly 1,000 pages, show the president earned $2.2 billion in total income in 2025. Out of that total, $1.4 billion came from crypto and meme coin-related businesses. This includes more than $588 million from sales by World Liberty Financial, a crypto firm co-founded by the president and his sons. These massive profits come at a time when the Trump administration has loosened restrictions on the rapidly growing crypto industry during his second term.
Democrats are criticizing the disclosures, with Senator Elizabeth Warren urging the Senate on social media overnight to pass legislation to prevent the president and his family from continuing to profit off cryptocurrency.
While Trump was once a crypto skeptic, previously stating he did not dabble in Bitcoin and preferred the currency of the United States, he embraced it during the 2024 campaign, pledging that the United States would be the crypto capital of the planet.
The White House maintains that the president's actions do not present a conflict of interest and are in the best interest of the American people. In a statement, the Trump Organization said the breadth and depth of the filing underscores their commitment to transparency.
While past presidents have used blind trusts to avoid the appearance of conflicts of interest, the Trump Organization stated his assets are managed by third-party financial institutions with trades executed through automated technology. Before taking office in 2017, Trump argued he had the power to run his business as president but chose not to. In an interview with the New York Times earlier this year, the president was asked why he is now letting his children pursue business deals abroad, responding that he found out nobody cared and that he is allowed to, noting he prohibited them from doing business in his first term but received no credit for it.
By: NBC Palm Springs
July 1, 2026

Latest Instagram Posts
BREAKING NEWS 🚨: Calvin Harris officially rescheduled for Head Trip day 2 #headtripfestival #calvinharris #severeweather #tropicalstorm #indio
Attendees are returning to the Empire Polo Grounds for day 2 of the EDM festival, ‘Head Trip’, after performances were stopped last night due to severe weather. Stay tuned with NBC Palm Springs to see how the weather is affecting festival goers’ plans. #headtripfestival #severeweather #flashfloodalert #760 #nbcpalmsprings
Overnight Flooding Hits Palm Springs Heavy rain brought flooding to Palm Springs overnight, prompting police to shut down Indian Canyon due to flooding. Much of this video shows conditions along the Indian Canyon corridor as water inundated roadways. Drivers are urged to use caution and watch for changing conditions.
BREAKING NEWS: Head Trip Festival in Indio suspended its show Saturday night due to approaching severe weather and lightning. A message displayed on the stage screens announced: “Attention in the festival, this is a lightning alert. The show is suspended due to lightning.” Festivalgoers were told to leave the Empire Polo Club venue and return to their cars and camps. The festival was expected to draw approximately 70,000 attendees overall, though the number asked to leave Saturday night has not been confirmed. It remains unclear when attendees will be allowed back inside or whether scheduled performances, including headliners Calvin Harris and Swedish House Mafia, will proceed as planned. The suspension comes as Tropical Storm Rachel brings rain and potential flooding concerns to Southern California. Stay with NBC Palm Springs for updates. #BreakingNews #HeadTripFestival #Indio #CoachellaValley #TropicalStormRachel WeatherAlert CalvinHarris NBCPalmSprings
BREAKING NEWS: Thalia Hayden and Jerry Steffen break down the latest forecast for Tropical Storm Rachel as it moves through eastern Riverside County Sunday morning. The Coachella Valley could see more than an inch of rain, raising concerns about flooding. The heaviest rainfall is expected from midnight through noon Sunday, with showers tapering off by Sunday evening. Stay with NBC Palm Springs for the latest updates. #TropicalStormRachel #BreakingNews #CoachellaValley #PalmSprings #WeatherAlert FloodWarning SouthernCaliforniaWeather NBCPalmSprings ThaliaHayden JerrySteffen
🌧️ Tropical Storm Rachel is bringing the threat of heavy rain and flooding to the Coachella Valley. Thalia and Jerry break down the hour-by-hour forecast, with the heaviest rainfall expected from midnight through Sunday morning and more than an inch possible in parts of the Valley. Flood watches and warnings remain a concern, with showers expected to taper off by Sunday evening. Stay weather-aware and stay with NBC Palm Springs for the latest updates! ⛈️ #TropicalStormRachel #CoachellaValley #WeatherAlert #NBCPalmSprings
🌊 Tropical Storm Rachel is bringing dangerous surf, flooding and destruction to Southern California’s coast. In Long Beach, parts of the boardwalk have been ripped apart, while a badly damaged home is on the verge of collapse. Newport Beach has declared a local emergency after pounding waves flooded at least 10 blocks of the Balboa Peninsula. Officials are urging people to stay away as the threat continues. 🌧️ #HurricaneRachel #SouthernCalifornia #LongBeach #NewportBeach #CoachellaValley

Who makes the NBC Top 3, winner will be announced Sunday night on NBC Palm Springs, with the player who makes the number one spot winning a $250 prize from @hondaofthedesert! Comment below if it will be 1) Ivan Garza with the deep pass TD, 2) Damian Walls with the 99 yard touchdown throw, 3) Jadarius Hester with the punt return TD, 4) James Madden with the 60 plus yard rushing TD, or 5) Kingston Pellum with the contested catch #hondaofthedesert #fnl #fridaynightlights #fyp #highschoolfootball
Tim O’Brien introduces Game 2 as the Coachella Valley Firebirds take on the San Diego Gulls! #CVFirebirds #FirebirdsHockey #SanDiegoGulls #AHL #hockeynight
Hurricane Isaias is bringing worsening conditions to Gulf Shores, Alabama, with strong tropical storm-force winds and heavy rain. CNN’s Isabel Rosales describes the intense conditions as the storm approaches. #HurricaneIsaias #SevereWeather #Alabama
