Mediaite reports:
Fox News’ David Webb claimed that President Donald Trump is “losing money” in his capacity as commander-in-chief on Outnumbered Monday, despite reports that the Trump family’s net worth has increased by $2.9 billion thanks to his cryptocurrency business alone, which has flourished in the months since Trump took office.
In a discussion about the financial position of former President Barack Obama and his family, Webb embarked on a monologue about Trump’s supposed lack of profiteering off of his presidency. “You know who doesn’t take a salary? Donald Trump, and he’s actually worth less money after going into the White House, and he’s losing money,” began Webb.
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Fox News Host Claims Trump Is ‘Losing Money’ as President Despite Nearly $3 Billion Surge in Wealth https://t.co/0wryqOIsmz
— Mediaite (@Mediaite) May 12, 2025