White House rejects conflict-of-interest concerns as Trump’s crypto earnings soar - US politics live

Key Points:

• Donald Trump earned approximately $1.2 billion in 2025 from cryptocurrency ventures, including nearly $550 million from World Liberty Financial, a startup co-founded by his sons and the son of his Middle East envoy.
• The White House dismissed conflict-of-interest concerns, with a spokesperson stating that Trump and his family have never engaged in conflicts and have made the US a "crypto capital of the world."
• Trump’s cryptocurrency activities, including $635 million in royalties from the $TRUMP token, significantly increased his personal fortune from $2.3 billion in 2024 to $6.5 billion in 2026.
• The US Supreme Court upheld birthright citizenship under the 14th Amendment, rejecting a key part of Trump’s anti-immigrant agenda, while also ruling in favor of conservative state bans on transgender female athletes in sports.
• The Supreme Court will hear cases on the constitutionality of bans on AR-15 rifles and similar semiautomatic firearms, following recent victories for gun rights advocates.
• Trump announced the first-ever Republican national convention outside of a presidential election year, set for September 9-10 in Dallas, aiming to energize voters ahead of the midterm elections.