Treasury Secretary Bessent sees no problem with Trump's crypto earnings

Donald Trump’s real estate empire has been eclipsed by crypto. His $1.4 billion in digital asset earnings—including $636 million from a meme coin—now outpaces his income from hotels and golf courses. While critics flag a massive conflict of interest as his administration loosens industry regulations, officials claim it’s just part of an "innovation presidency." Can a president ethically profit from the very markets he is actively deregulating? Is this really okay?
This summary was generated by AI