Today in One Sentence. Trump reported at least $2.2 billion in income in 2025, including more than $1.4 billion from crypto ventures tied to him and his family; Trump refused to renew his own North American trade deal; Trump urged acting intelligence chief Bill Pulte to “declassify almost everything” while he temporarily leads the nation’s intelligence office for the next “month or two months or something”; and Trump took his first flight on the new Air Force One, a $400 million Boeing 747 gifted by Qatar and retrofitted for presidential use despite legal, ethical, and national security questions over the foreign gift.

1/ Trump reported at least $2.2 billion in income in 2025, including more than $1.4 billion from crypto ventures tied to him and his family. The 927-page disclosure showed roughly $635 million from a Trump memecoin licensing deal, more than $500 million from World Liberty Financial token sales, and nearly $200 million from a stablecoin-related transaction all while the Trump administration loosened crypto regulation and promoted the U.S. as the “crypto capital of the world.” Trump also reported at least $86.5 million from legal settlements with media and technology companies. Mar-a-Lago generated $77 million and Trump National Doral brought in about $122 million. Trump dismissed conflict-of-interest concerns, saying “You know why I’m profiting? Because the stock market is going up. We’re all profiting” And the White House claimed that “Neither the President nor his family has ever engaged — or will ever engage — in conflicts of interest.” (Associated Press / Reuters / New York Times / Washington Post / Wall Street Journal / Bloomberg / NBC News / The Hill / CNN / CNBC)

  • Trump reported earning at least $26 million from foreign real estate deals during his second term. The income came from Trump Organization licensing deals in Romania, Qatar, and the United Arab Emirates. (Bloomberg)

2/ Trump refused to renew his own North American trade deal, forcing Canada, Mexico, and the U.S. into annual reviews and negotiations for the next decade instead of locking in a 16-year extension. U.S. Trade Representative Jamieson Greer said the Trump administration was “not prepared to rubber stamp the agreement,” while Trump, who once called it the “best and most important trade deal ever made,” now says he’s “not a big fan” of it and wants it “terminated.” (Politico / Bloomberg / New York Times)

3/ Trump urged acting intelligence chief Bill Pulte to “declassify almost everything” while he temporarily leads the nation’s intelligence office for the next “month or two months or something.” Despite bipartisan concerns that Pulte, a housing official with no intelligence experience, could weaponize the agency, Trump said “Bill is there just for a fairly short period of time” before Jay Clayton, his permanent DNI nominee, gets a confirmation hearing in two weeks. “But while he’s there, I said you can declassify whatever you want.” (Politico / Reuters / The Hill)

4/ Trump took his first flight on the new Air Force One, a $400 million Boeing 747 gifted by Qatar and retrofitted for presidential use despite legal, ethical, and national security questions over the foreign gift. Trump called it “maybe the greatest commercial plane ever built,” saying Qatar had “treated us very well” and that the U.S. “couldn’t build a plane like this” because “we wouldn’t be willing to spend the kind of money necessary.” The jet will temporarily replace the 35-year-old planes that have served as Air Force One until Boeing delivers two delayed U.S.-built replacements in 2028. (CNN / CBS News / Associated Press)

The 2026 midterms are in 125 days; the 2028 presidential election is in 860 days.