Trump's Foreign Income Surged to $117 Million in First Year of Second Term

A report by the progressive nonprofit Citizens for Responsibility and Ethics in Washington (CREW) reveals that President Donald Trump earned $117 million from foreign business interests in the first year of his second term (2025), nearly matching the $149 million he made during his entire first term. Trump reported 28 foreign accounts with at least $50,000 in revenue each, up from nine in his final year of his first term. His total business revenue exceeded $2 billion in 2025, driven largely by cryptocurrency, surpassing the $1.7 billion from his first term. The foreign income undermines Trump's 'America First' rhetoric and raises concerns about potential influence peddling by foreign entities. CREW estimates Trump has taken in over $500 million in foreign income since 2014, with the figure potentially exceeding $650 million. There are currently 24 Trump-branded developments overseas, 13 of which began after his 2022 re-election announcement, including projects in the United Arab Emirates. The report notes a lack of congressional oversight, which could change if Democrats gain control after November.