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.

Recent Posts

Trump Claimed He Hadn’t Read Project 2025 During Campaign, But His Executive Actions Align Closely With Its Proposals

President Donald Trump surprised his administration last week by proposing that the country's primary disaster…

13 hours ago

Social Security Administration At ‘Risk Of Collapse’ After DOGE Cuts, Former Head Martin O’Malley Warns

The former head of the Social Security Administration (SSA), Martin O’Malley, has issued another dire…

16 hours ago

J.D. Vance’s Visit To Greenland Falls Flat As He Criticizes Denmark’s Rule Of The Island

Vice President J.D. Vance has accused Denmark of under-investing in Greenland’s security. His comments, made…

2 days ago

Trump Says Again He Wants To Serve A Third Term: ‘I’m Not Joking’

President Donald Trump expressed interest in serving a third term as president again – despite…

2 days ago

VIDEO: GOP Rep. Victoria Spartz Drowned Out By Boos At Town Hall Meeting

https://youtu.be/bi1yuRyy2To Rep. Victoria Spartz (D-Indiana) was drowned out by boos at a town hall meeting…

2 days ago

Ex-Democratic Rep. Cori Bush’s Husband Charged With Fraud For Allegedly Filing False Applications For $20,000 In Covid-Relief Funds

Former Rep. Cori Bush's (D-Missouri) husband has been charged with two counts of wire fraud…

3 days ago