Trump says he’s profiting ‘because the stock market’s going up’

The president’s income, which topped $2 billion last year, appears to have surged since he took office in January 2025.

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President Donald Trump speaks with reporters Wednesday. (Evan Vucci/Reuters)

President Donald Trump said Wednesday that his income has surged since he became president because of improved conditions in financial markets.

“You know why I’m profiting, because the stock market’s going up,” Trump told reporters as he prepared to board Air Force One, adding that Americans’ investments in their 401(k) retirement savings plans have increased in his second term. “Everybody’s profiting. … Thank you, President Trump.”

The president’s income topped $2 billion in 2025, boosted by cryptocurrency, digital tokens and related partnerships, according to financial disclosures released Tuesday. He also took in more money from his golf clubs and resorts.

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His income appears to have increased substantially since he was sworn in as president for a second time in January 2025, prompting Democrats to launch investigations over whether he is profiting off his presidency. In his 2024 financial disclosure, filed a year ago, Trump reported income of over $600 million.

Trump distanced himself from his investments Wednesday.

“I purposely, I never speak to any of the people that run the money,” Trump said.

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