Thursday, July 2, 2026

As Trump reports $2.2 billion in 2025 income, ethics experts raise alarm; Los Angeles Times, July 1, 2026

 Jenny Jarvie, Los Angeles Times; As Trump reports $2.2 billion in 2025 income, ethics experts raise alarm

"Ethics experts sounded the alarm Wednesday after new financial disclosure reports revealed that President Trump’s income ballooned to $2.2 billion in 2025, with $1.4 billion coming from various new cryptocurrency-related businesses.

“It’s bribery. It’s graft. It’s exploitation of public power for private financial gain,” said Kathleen Clark, a law professor at Washington University and an expert in government ethics. “Trump has — with the acquiescence of a somnolent, GOP-controlled Congress and the active assistance of John Roberts’ Supreme Court — transformed the presidency into a massive corruption racket.”

Trump reported income of over $600 million in 2024. But after he entered the White House in 2025, he reported that his income had soared to more than $2.2 billion."

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