Trump defends family’s crypto business in 60 Minutes interview

The president compared his family's World Liberty Financial stake to assets held by past presidents while saying he knows little about how the firm operates President Donald Trump went on 60 Minutes and defended his family’s crypto business by placing it alongside the assets earlier presidents held while in office. His argument is that presidents have long owned things, and this one happens to own crypto. Critics have spent months arguing the scale of the money makes that comparison harder to accept. What Trump said about World Liberty Financial The interview focused on World Liberty Financial, a crypto company that one of Trump’s sons partly manages. Trump confirmed that he is a co-owner of the firm. He also said he does not know much about how it actually runs. Trump said family members run the crypto ventures and that he has kept away from direct involvement. He specifically said he does not talk about crypto with his sons Eric, Donald Jr., and Barron, who oversee the family’s digital asset businesses. He also stressed that he had built substantial wealth before entering the White House. He used that point to separate his situation from the Biden family, a comparison he has made...