Trump Responds to WLFI Conflict of Interest Questions: Unfamiliar with Specific Business Operations, Leaves Management to His Son

on November 09, in an exclusive interview with CBS News' "60 Minutes", US President Donald Trump acknowledged being a co-owner of his family's cryptocurrency project World Liberty Financial (WLFI) when asked about its relationship with foreign investors, but stated he is unfamiliar with the specific details of the business operations.

During the interview, the host mentioned that investors affiliated with the UAE government hold shares in the company and questioned whether this presents a conflict of interest. Trump responded that his son oversees the family business, that he pays little attention to changes in his personal wealth, and that most of his capital is entrusted to major Wall Street investment firms. He also stated that his son cannot be expected to pause commercial ventures during his term simply because he serves as president.