Faulty reasoning signals

• Confirmation Bias - 0%
• Anchoring Bias - 16.1% (36 hits)
• Availability Heuristic - 0%
• Representativeness Heuristic - 11.7% (26 hits)
• Hindsight Bias - 0%
• Overconfidence Bias - 0%
• Framing Effect - 39.5% (88 hits)
• Loss Aversion - 0%
• Status Quo Bias - 0%
• Sunk Cost Effect - 0%
• Optimism Bias - 0%
• Pessimism Bias - 0%

Article text

People in the US: share your views on Trump’s earnings in his second term

Donald Trump has earned more than $1bn from his crypto businesses since returning to the White House, according to recent financial disclosures.

According to a 927-page document released on Tuesday by the US Office of Government Ethics, in all, the US president made more than $2.2bn last year, benefiting from a vast global network of businesses and investments.

That figure includes all the president’s revenue, from sources ranging from real estate and golf courses to royalty deals and Trump-branded products such as cologne.

He also took tens of millions of dollars in court settlements.

In his second term, the president and his family have invested heavily in digital money and crypto businesses, with Trump announcing at the start of last year that he wanted the US to be the “crypto capital of the world”.

He has received some $1.1bn from his World Liberty Financial and CIC Digital LLC businesses, which sell “governance tokens” and souvenir-type “memecoins” stamped with his face.

Anna Kelly, a White House spokesperson, said: “Neither the president nor his family has ever engaged – or will ever engage – in conflicts of interest.

We want to hear from you – what do you think about Trump’s vast earnings during his second term Do you have concerns?