Trump Defends World Liberty Stake, Says Past Presidents Owned ‘Whatever Crypto Was at the Time’
By Unchained
AI summary of the source article
President Donald Trump confirmed in a CBS News interview that he co-owns World Liberty Financial with his sons, while stating he knows nothing about it. Trump defended his stake, comparing crypto ownership to past presidents owning assets like oil.
Key facts
- President Donald Trump confirmed he co-owns World Liberty Financial with his sons but stated he knows 'nothing about it.'
- Manatt partner Mike Katz predicted congressional committees will use subpoena power to examine World Liberty's funding and ties to the UAE and Saudi Arabia.
- When asked about divesting, Trump stated his sons run the company and that the bulk of his fortune is invested in Wall Street index funds.
Source excerpt · Unchained
Asked about foreign money in the crypto venture, the president cited index funds, his sons and George Washington after midterms that hand Democrats control of congressional committees and their subpoena power. The post Trump Defends World Liberty Stake, Says Past Presidents Owned ‘Whatever Crypto Was at the Time’ appeared first on Unchained .