“Nothing wrong”: Trump defends his family’s million-dollar business

Nothing about his crypto business is forbidden, Trump said in an interview with the CNBC presenter Joe Coren in the Oval Office in the White House. His recently published income statement shows that Trump made over a billion dollars in crypto deals alone last year.

The income came from a stake in a company owned by the Trump family. At the same time, his government has significantly promoted trading in digital currencies since he took office again.

His children take care of financial matters

Trump told CNBC that he had no knowledge of his own investments. His children, especially son Eric, took care of his financial affairs and he didn’t talk to him about it. But: “There’s nothing illegal about it, there’s nothing wrong with it. I could know about it.”

The 80-year-old head of state said that his children would not have an easy fate with his US presidency. The office is “so powerful and so big” that almost every action of its children could be viewed as a conflict of interest.

Basically, he advises his children to exercise restraint. “But they also have a life. They were in business (…) long before I thought about running for president.”