“President Donald Trump "has now profited by billions of dollars."”
Attributed to Wes Moore (quoted by Breitbart)
Gov. Wes Moore said this on MS NOW’s "Morning Joe," criticizing the second Trump administration as a "grift" and asserting the president personally profited in the billions.
What the proof shows
Public records (the Office of Government Ethics annual disclosure) and multiple news outlets show President Trump’s 2025 financial-disclosure filing documents billions of dollars of income (widely reported as about $2.2 billion for 2025, with roughly $1.4 billion tied to cryptocurrency-related ventures). That means the broad assertion that he “has now profited by billions of dollars” is factually grounded. However, the disclosure reports many types of revenue, transactions and transfers to companies/trusts (and some amounts are reported as ranges); it is not the same as an audited, after‑expense personal net profit statement. Some items were reported as receipts to business entities or shared with family, and Trump has disputed implications about his direct involvement. The speaker’s one‑sentence claim is therefore correct in headline magnitude but missing important context about what the OGE filing does — and does not — prove.
Corrected version
Donald J. Trump’s 2025 Office of Government Ethics financial disclosure shows at least $2.2 billion in reported income for 2025 (about $1.4 billion from cryptocurrency-related ventures). The filing documents gross receipts, transactions and assets held in companies/trusts; it is not an audited net personal profit figure and some receipts were to entities or shared with family.
Automated evidence confidence: 0%
References and proof
Every link was reachable when published. Each proof point states how that source bears on the claim.
Executive Branch Personnel Public Financial Disclosure Report (OGE Form 278e) — Donald J. Trump (2025 annual filing) ↗
U.S. Office of Government EthicsExecutive Branch Personnel Public Financial Disclosure Report (OGE Form 278e) — Report Type: Annual — Year (Annual Report only): 2025 ... OGE Received 6/29/2026. (927-page filing listing assets, income sources and transaction reports used by reporters to total 2025 receipts.)
Trump earned over $1.4 billion from crypto ventures in 2025, financial disclosure shows ↗
ABC NewsPresident Donald Trump earned more than $1.4 billion from his cryptocurrency ventures in 2025, according to his personal financial disclosure released on Tuesday by the Office of Government Ethics. ... the disclosure listed earnings of $636 million from CIC Digital LLC (including a $635 million license agreement) and additional hundreds of millions from World Liberty Financial token sales and related transactions.
Wes Moore: Trump Administration Is 'Grotesque' (clip and transcript citing Moore) ↗
Breitbart (clip of 'Morning Joe')‘They’re seeing a president who has now profited by billions of dollars,’ Gov. Wes Moore said on MS NOW’s 'Morning Joe.'
Discussion
Disagreement is welcome. Spam and abuse are not.
No published comments yet. Add evidence or challenge the reasoning.
Members can comment for free
Create a free membership or sign in.