Alarm bells over conflict of interest as filing shows Trump raked in $2bn in 2025 | First Thing

President made more than $1bn from crypto businesses last year while federal government oversaw regulation. Plus, giant seal causes havoc in Tasmania – but locals love him Don’t already get First Thing in your inbox? Sign up here Donald Trump has raked in more than $1bn from his crypto businesses since returning to the White House, according to financial disclosures, making him substantially richer and ringing alarm bells over a conflict of interest. According to a 927-page document released on Tuesday by the US Office of Government Ethics, Trump made more than $2.2bn in all last year, benefiting from a vast network of businesses and investments across the world, including in China. Anna Kelly, a White House spokesperson, denied there was any conflict of interest, saying any suggestion of that was “the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade”. Where else is Trump getting money from? The US president made millions last year from selling Trump-branded bibles, sneakers and other small items in another unprecedented move for the presidency. In the Trump-branded watches category alone, the president earned $4.7m. Trump also racked