Trump Crypto Profits of $1.4 Billion Draw Disapproval From 63% of Americans

Source Beincrypto

Most Americans view President Donald Trump’s crypto earnings as improper, according to a Reuters/Ipsos poll in which 63% of respondents called the profits his family drew from digital assets inappropriate.

The same survey found that 69% believe his private business interests shape his presidential decisions. Half of Republican respondents shared that view.

Poll Puts Trump’s $1.4 Billion Crypto Income Under Scrutiny

The online survey covered 1,166 US adults between August 14 and August 17. It carried a margin of error of 3 percentage points for all Americans and 5 points for each party group.

About 32% of respondents defended the family’s crypto earnings. Among Republicans, roughly 69% described it as appropriate, while 27% did not.

Americans’ View on Trump’s Crypto ProfitAmericans’ View on Trump’s Crypto Profit. Source: Reuters

The sums involved are large. Trump reported more than $1.4 billion last year from family crypto ventures, according to his financial filings. Those ventures included World Liberty Financial (WLFI) and his self-branded meme coin.

Richard Painter, chief ethics lawyer under President George W. Bush, noted that the mix of business and office has no modern parallel.

“We have seen nothing like this before, even the first Trump administration did not have as many complex business interests as the second,” he said.

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White House Rejects Conflict Claims as Midterms Near

White House has repeatedly dismissed the criticism, affirming that independent financial institutions manage the President’s investments and that no conflicts exist.

“There are no conflicts of interest…The President only acts in the best interests of the American public,” White House spokeswoman Anna Kelly said in a statement.

Congressional pressure has grown regardless. Senate Democrats requested committee hearings in July into the national security implications of the President’s crypto holdings.

Token performance complicates the political argument. Official Trump (TRUMP) trades near $1.7, down about 81% over the past year, and Trump-endorsed tokens sit below their pre-endorsement prices.

Official Trump (TRUMP) Price Performance.Official Trump (TRUMP) Price Performance. Source: BeInCrypto Markets

Public dissatisfaction stretches beyond his digital asset ventures. A separate Financial Times poll this month found 53% of registered voters said their finances had worsened under his presidency.

Democrats led Republicans 44% to 39% in that survey. Whether that translates into seats will be settled in November.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.
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