The scrutiny over the US President’s recently released financial disclosure has prompted Donald Trump to explain who manages his money. The filing revealed earnings exceeding $2 billion for 2025, dwarfing the totals from his first term in office.
Donald Trump says his son Eric handles his money
The president confirmed that his son, Eric Trump, has taken charge of his personal finances alongside major financial institutions. “It’s given to big firms … my son Eric handles it,” Trump stated to CNBC. He added a firm disclaimer about his own involvement. “I don’t talk to him about things such as this. I think I’d be allowed to, I’m not sure even what the status is, but I don’t.”
Donald Trump detailed the mechanics of the money arrangement, explaining that Eric Trump “gives it into these like semi-blind trusts or blind trusts where people invest.” The president’s remarks specified for the first time which of his children oversees the portfolio, though the White House has previously maintained that his children manage his financial affairs.
The disclosure comes as Trump family investments are under public scrutiny. The 2025 filing revealed approximately $2.2 billion in total income, including $1.4 billion from cryptocurrency ventures alone. That single-year figure surpasses what Trump reported for his entire first term. The president dismissed concerns about the digital asset venture, stating there was “nothing illegal” and “nothing wrong” with the enterprise.
The White House has consistently denied any wrongdoing regarding the president’s financial activities. However, the disclosures have intensified debate over potential profiteering from the presidency, with critics pointing to the alignment between Trump family investments and administration policies.
Donald Trump addressed those concerns obliquely, expressing sympathy for his children. He argued that because the presidency is “so powerful,” virtually any business decision they make could be perceived as benefiting from inside information.
Originally reported by Devanshi Basu on Mandatory.
