Donald Trump amassed over $2.2 billion in income last year, with more than $1 billion derived from his cryptocurrency ventures, according to a 927-page financial disclosure released Tuesday by the US Office of Government Ethics. The filing has intensified scrutiny over potential conflicts of interest as Trump simultaneously oversees federal regulation of the crypto industry.
Massive Earnings from Diverse Ventures
The disclosure reveals Trump benefited from a sprawling global network of businesses and investments, including holdings in China. Beyond crypto, he earned millions from Trump-branded merchandise such as Bibles, sneakers, and watches—the latter generating $4.7 million alone. New hotel, resort, and condo deals overseas contributed tens of millions in fees and licensing agreements, many with countries simultaneously negotiating tariffs, military aid, and other critical matters with the US.
White House spokesperson Anna Kelly dismissed conflict concerns, calling them "the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade."
Supreme Court Upholds Birthright Citizenship
In a separate development, the US Supreme Court upheld birthright citizenship, rejecting Trump's executive order that sought to deny automatic citizenship to children of undocumented immigrants and temporary foreign residents. Chief Justice John Roberts wrote for the majority that the order violated the 14th Amendment. The decision was not unanimous, drawing criticism that dissenting justices lent weight to fringe theories.
Democratic Socialist Wins Colorado Primary
Melat Kiros, a 27-year-old democratic socialist, defeated 15-term incumbent Representative Diana DeGette in Colorado's Democratic primary. Kiros, born in Ethiopia in 1997, graduated from Notre Dame Law School in 2022 and was fired from a New York law firm after refusing to take down a blog post defending pro-Palestinian protests. Her victory follows a wave of left-wing insurgent wins in New York.
Other Notable News
Charlie Kirk's family will attend a hearing for the murder suspect in his killing. Transgender youth athletes vow to continue fighting for equal access after the Supreme Court upheld bans on their participation. A poll finds adults using AI chatbots for health advice are more likely to believe vaccine myths. Airlines urge suspension of new EU biometric border checks due to long queues. In Venezuela, twin earthquakes may have destroyed over 58,000 buildings, with 1,943 dead and 10,500 injured.
Climate and Culture
Ocean surface temperatures hit a record high for June on June 21, according to the Copernicus Climate Change Service, warning of consequences for weather, climate, and marine ecosystems. The Kraszna-Krausz photography book award winners include a devastating account of war in Ukraine. The US men's national soccer team prepares for a World Cup knockout match against Bosnia and Herzegovina, potentially heading to a penalty shootout.
Local Legend: Neil the Seal
In Tasmania, a 2,200-pound seal named Neil has become a beloved local figure, causing havoc by damaging bollards, traffic cones, fences, and vehicles. Despite the chaos, residents adore the giant marine mammal.
