Donald Trump gives conflicting answers over memecoin profits

Date: 2025-05-05

US President Donald Trump gave clashing answers to whether he has profited from the crypto memecoin he launched in January, just days before he re-entered the White House.In a wide-ranging interview with Kristen Welker on NBC News’ Meet the Press released on May 4, Trump said he was “not profiting from anything” when asked to respond to critics who said he’s profiting from the presidency through the memecoin.“So you’re not profiting off of the cryptocurrency at all?” Welker asked Trump.“I haven’t even looked,” Trump admitted.“But I’ll tell you what. Look, if I own stock in something and I do a good job, and the stock market goes up, I guess I’m profiting.”Trump launched his memecoin, Official Trump (TRUMP), on Jan. 17, which hit a peak of $...

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