TI: The week in Corruption in the USA and misc. news
What would you do with US$2.2 billion? Some help with the maths: that's close to Guinea-Bissau's entire annual economy . The number may sound familiar. It is how much money US President Donald Trump made in 2025, his first year back in the White House. The largest single source of that income – US$1.4 billion – came from cryptocurrency ventures, including decentralised finance (DeFi) , tokens and meme coins. Trump at the Congressional picnic in May 2026 (Photo: White House) Trump released this information in late June as a legally required financial disclosure report . The scale of the figure has shocked many and raised serious questions about an unprecedented conflict of interest for a US president. Rules are not the same for everybody The US has relied almost entirely on historical and cultural norms – rather than laws or enforceable rules – to curb executive conflicts of interest. In the 1970s, then-US President Jimmy Carter put his peanut farm in a blind tr...