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Trump Says Son Eric Oversees His Financial Assets Amid Scrutiny of Wealth Disclosure

03 July 2026 19:07 PM

NEWS DESK

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U.S. President Donald Trump has said that his son, Eric Trump, oversees his personal financial assets, following the release of a financial disclosure showing that he earned more than $2 billion in 2025.

In an interview with CNBC, Trump said his finances are managed through major financial institutions and supervised by Eric Trump.

"My son Eric takes care of it," Trump said. "I don't discuss these matters with him. The investments are handled through a semi-blind trust or a blind trust."

The White House has previously stated that Trump's financial affairs are managed by his children. Trump has now clarified that Eric Trump is primarily responsible for overseeing those assets.

The president's latest financial disclosure has fueled renewed debate over potential conflicts of interest and allegations that he has financially benefited while serving as president. The White House has rejected those claims, denying any wrongdoing or ethical violations.

According to the disclosure, Trump earned approximately $515 million from the sale of tokens linked to the Trump-backed World Liberty Financial project. He also reported an additional $65 million in income from the sale of equity in the company's holding entity.

Responding to questions about the earnings, Trump said, "There was nothing illegal or improper about it."

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