News

Trump Claims He Loses “Massive Amounts Of Money” While Being President

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.”

SLIDESHOW: DONALD TRUMP’S 30 CRAZIEST TWEETS

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. 

Pablo Mena

Writer for upolitics.com. NY Giants and Rangers fan. Film and TV enthusiast (especially Harry Potter and The Office) and lover of foreign languages and cultures.

Share
Published by
Pablo Mena

Recent Posts

Democrats Boycott Hearing On Biden’s Alleged ‘Mental Decline’ During Presidency, Chaired By 91-Year-Old GOP Sen. Chuck Grassley

Only two Democrats attended a congressional hearing about former President Joe Biden's alleged mental decline…

9 hours ago

Initial Report On U.S. Bombing Of Iranian Nuclear Sites Contradicts Trump’s Claim That Iran’s Nuclear Program Was ‘Obliterated’

An initial classified report on the United States’ bombing of three Iranian nuclear sites stated…

9 hours ago

Democratic Socialist Zohran Mamdani, 33, Shocks Establishment Beating Ex-Gov. Andrew Cuomo In NYC Mayoral Primary

With former New York Gov. Andrew Cuomo conceding in the Democratic primary for New York…

12 hours ago

Trump Administration To ‘Aggressively Revoke’ Visas From 277,000 Chinese Students Studying In U.S.

The Trump Administration is looking to "aggressively revoke" visas for Chinese students, Secretary of State…

13 hours ago

GOP Sen. Rand Paul Calls Out ‘Petty’ White House For Disinviting Him To Picnic: ‘The Level Of Immaturity Is Beyond Words’

Sen. Rand Paul (R-Kentucky) called out White House staff members for rescinding his picnic invitation…

14 hours ago

Trump’s ‘Doomsday Plane,’ Able To Survive A Nuclear Attack, Takes Mysterious Flight Amid Tensions With Iran

President Donald Trump's 'Doomsday plane' was seen taking an uncommon flight from Louisiana to Maryland…

1 day ago