President Donald Trump claimed in an interview last week that he has “lost massive amounts of money” while serving as the country’s leader.

On Thursday, The New York Times released an interview in which Trump scoffed at the notion that he has financially benefited from being president.

“This is not the money,” Trump told the Times. “This is one of the great losers of all time.”

The president added that despite what he considers to be substantial financial losses, he believes he is still economically secure.

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

“You know, fortunately, I don’t need money,” Trump added. ”This is one of the great losers of all time. But they’ll say that somebody from some country stayed at a hotel. And I’ll say, ‘Yeah.’ But I lose, I mean, the numbers are incredible.”


During the interview, Trump also fought speculation that he may not run for a second term in 2020.

“I love this job,” he said.

Trump, his administration and his businesses and organizations — including the now-defunct New York-based Trump Foundation — have been the subject of multiple investigations in recent months. His inaugural committee has also been probed for allegedly receiving hefty donations from foreign entities, and for alleged room rentals by Saudis and other foreign dignitaries who at the Trump International Hotel in Washington, D.C. just weeks after the 2016 election.

Adding to all this is special counsel Robert Mueller‘s ongoing inquiry into Russian interference in 2016, including potential collusion between Trump campaign officials and the Kremlin.

Trump has also yet to release his tax returns, although the Democratic-controlled House of Representatives has been seeking to obtain them since last month.

Just weeks ago, a watchdog organization called Citizens for Responsibility and Ethics in Washington (CREW) estimated that Trump has had more than 1,400 conflicts of interest since taking office two years ago.

Trump has placed many of business holdings in a trust led by his oldest two sons, Eric Trump and Donald Trump Jr. 

Read more about:

Get the free uPolitics mobile app for the latest political news and videos

iPhone Android

Leave a comment