Trump responds to WLFI conflict of interest questions: I don't know the specifics of the business, my son runs it.
Original headline特朗普回应 WLFI 利益冲突质疑:不了解具体业务,由儿子负责经营
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President Trump said in a CBS News "60 Minutes" interview that he is a co-owner of World Liberty Financial (WLFI) but does not follow the crypto project's day-to-day business, which he said is run by his sons. Asked about potential conflicts of interest, including stakes held by investors linked to the UAE government, Trump said his sons should not have to stop doing business while he is in office and that most of his personal wealth is managed by large Wall Street institutions. The remarks are his most direct response yet to scrutiny of the family's crypto venture, which has drawn attention as his administration shapes digital-asset policy. Watch for whether WLFI's foreign ownership structure faces further congressional or regulatory questions.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
World Liberty Financial, Donald Trump, UAE government, CBS News