I am the personal financial advisor to the 47th President of the United States.
I have made him $4.05 billion in one term.
Let me say that again. Four point zero five. Billion. One term. The presidency of the United States, upon proper management, outperforms every asset class in recorded financial history, including venture capital, petroleum futures, and the sovereign wealth fund in Abu Dhabi that manages $1.7 trillion and employs nine hundred analysts. I benchmarked it. We beat them with a staff of four and a leather binder.
I keep a binder in the residence. I call it The Number. The Number was $3.4 billion in August. The Number is $4.05 billion now. The Number has never gone down. I update it every Friday at 6 AM, before the briefing, like a surgeon checking vitals on a patient who can only get healthier. The cover is leather. The tabs are color-coded by sector: Crypto, Finance, Hospitality, Media, Other. "Other" includes a Boeing 747-8 valued at $400 million, gifted to him by the Emir of Qatar while he was sitting President. There is no asset class for that. I invented one. I call it EAGLE-7.
Crypto is seventy-five percent of the portfolio. $3.02 billion. I want you to sit with that figure. Three billion from digital tokens and stablecoins. From a man who in 2021 called Bitcoin "a scam against the dollar." His words.
The flagship holding is Trump Media's bitcoin stockpile. He holds 42% of the company. The company sold shares to institutional investors. Used their capital to purchase bitcoin. His personal stake from that maneuver alone: $1.15 billion. He drafts national cryptocurrency regulation from the Resolute Desk. Signs executive orders on digital asset policy. Handpicks the SEC chair who will enforce them. His bitcoin goes up when he does these things. The investors' stock goes down.
That's a conflict of interest.
I'm kidding. I've never used those words in that order. That's the investment thesis.
Then there is Alt5 Sigma. I need you to understand Alt5 Sigma. Alt5 Sigma was previously known as Appliance Recycling Centers of America. Founded in 1991. In Minnesota. It recycled dishwashers. Then it became a biotech. Then a digital payments company. Then Zach Witkoff, son of the President's special envoy, became chairman, and it became the primary vehicle for purchasing World Liberty Financial tokens. In 1991 it recycled dishwashers in Minnesota. In 2025 it funneled $562 million to the President's family through a Rwandan subsidiary convicted of money laundering. The CEO was removed. The CFO was fired. The auditor was replaced. Twice. The stock went from $8 to $2. We received $562 million from it. I put it in the binder.
I logged it in the binder on a Thursday. I used Garamond. It felt appropriate for a company whose journey from kitchen appliances to international money laundering spanned exactly thirty-four years.
The stablecoin is where the architecture gets beautiful. USD1. $136 million in projected interest over the remaining term. I will show you the math because the math is the point. $3 billion in circulation. Times 4% annual return. Times three years remaining in office. Times the family's 38% share. The UAE purchased $2 billion of USD1. Then Binance promoted it. Pumped circulation from $2 billion to $5 billion. Binance's founder had pleaded guilty to money laundering violations.
He received a presidential pardon in October.
I pardon you. You promote my stablecoin. My stablecoin generates $136 million. The pardon cost nothing. The coin cost nothing. The oath of office cost nothing. The entire apparatus of federal clemency was converted into a revenue instrument and nobody filed a complaint.
That's yield.
TRUMPcoin. $385 million. A memecoin with the President's face on it, launched days before inauguration. Every person who bought TRUMPcoin at launch and held it has lost 90 cents of every dollar. Every person who bought it made the President $385 million richer on the way in. That's the product. The product is not a coin. The product is belief. We are very long belief.
His sons received a 13% equity stake in American Bitcoin. A New Yorker investigation determined they contributed, and I quote, "nothing else of obvious value." I would characterize their contribution differently. They contributed the single most valuable commodity in American commerce, worth more per ounce than lithium, more per gram than fentanyl, more per syllable than any word in the English language. Proximity to the man who pardons people.
That's due diligence.
Hospitality. $271 million. Mar-a-Lago now generates $50 million a year. It generated $10 million when he took office. Initiation fee: $1 million. You are paying $1 million to eat dinner in the same room as the man who controls the Department of Justice. I set that price. It is undervalued.
Saudi Arabia. The Crown Prince visited the White House. Then Dar Al Arkan signed licensing deals estimated at $10 billion. Hotels in the Maldives. Golf clubs in Riyadh. A tower in Jeddah. He sat next to the man who ordered a journalist dismembered and said, quote, "He knew nothing about it." Then he signed the hotel deal. I have the term sheet. Our fee is 2-10% of revenue. We do not ask what happened to the journalist. That is not in our mandate. $106 million is in our mandate.
That's client retention.
Finance: $340 million, predominantly Persian Gulf sovereign wealth fund arrangements structured through intermediaries whose names I am not going to say in this format. Media: $116 million. Legal fee fundraising and branded merchandise: $128 million. The Qatari jet: $150 million. I have already mentioned the jet. I mention it again because a sitting foreign head of state gifted the sitting American President a $400 million flying palace with gold-plated fixtures and a master suite, and not a single member of Congress has asked a follow-up question. Not one. Not in committee. Not in writing. Not on camera. Five hundred and thirty-five legislators. Zero questions.
Now. I am required by my own conscience, which is vestigial at this point, to disclose downstream performance.
Every public-facing investment vehicle associated with this portfolio has collapsed for outside investors. I will read them.
TRUMPcoin. Down 90%.
American Bitcoin. Down 80%.
Trump NFTs. Down 80%.
Trump Media stock. Down 60% since inauguration.
Alt5 Sigma. Down 75%.
The family's positions were structured to extract value before these declines materialized. The retail investors' positions were structured to supply the value being extracted. There were approximately 600,000 retail wallets holding TRUMPcoin at peak. Retirees. Day traders. People who believed the branding. Their aggregate losses capitalized the portfolio. Their savings became his tab in the binder.
That's liquidity.
I want to address the competitive landscape. I am a financial professional. I benchmark everything.
In 2016, the President stood at a podium and called Hillary Clinton "the most corrupt enterprise in political history." He said she "turned the State Department into her personal hedge fund." The accusation that ended her career was $153 million in speaking fees. Combined. With her husband. Over fifteen years. Goldman Sachs paid her $225,000 per speech. He said the word "crooked" so many times it became her legal name.
$153 million. Fifteen years. Two people.
I made him $4.05 billion. In one term. By himself.
A 26-to-1 ratio. I wrote it on the whiteboard in the residence.
Then there was the Biden family. "The Biden Crime Family," he called them. He held rallies about it. He got impeached over investigating it. The Republican House spent two years and $3.5 million in taxpayer funds to uncover, per their own final report, approximately $24 million in Biden family income over five years. Hunter Biden's Burisma salary was $1 million a year, later reduced to $500,000. The Chinese payments were $664,000. The House Oversight Committee called it "influence peddling at the highest level."
$24 million. Five years. Ten family members.
My client made that in two days. I have the math. $4.05 billion divided by 365 days is $11.1 million per day. The entire Biden investigation, the impeachment, the hearings, the Fox News segments, the "CRIME FAMILY" hats, all of it, for an amount my client earns before his Wednesday morning briefing.
The ratio is 168 to 1. I put it on the whiteboard next to the Clinton number. The President saw it. He laughed. He did not ask me to take it down.
"Drain the swamp," he said in 2016. I drained it. Into the binder. The swamp is now a portfolio. It is the highest-performing portfolio in the history of public office, and the man who built it ran for President on the promise that he would stop people from doing exactly what I help him do every single day.
That's positioning.
When the New Yorker published the full accounting, $4.05 billion across five sectors, and asked the President whether he saw a conflict of interest between the office and the fortune, between the pardons and the profits, between setting crypto policy and holding $3 billion in crypto, he told the New York Times six words.
"I found out that nobody cared."
He was right. He has been right about that singular fact since the beginning. Nobody cared when he launched the coin. Nobody cared when he pardoned the convicted money launderer who pumped his stablecoin. Nobody cared when a dishwasher recycling outfit in Minnesota became a $562 million pipeline to his family through a subsidiary that had been convicted on three continents. Nobody cared when 600,000 wallets evaporated so the leather binder in the residence could gain another tab.
He found out nobody cared. Then he monetized the finding at a rate of $11.1 million per day, every day he has held office, including Sundays, including holidays, including the morning he sat next to the Crown Prince and said the murdered journalist had it coming.
$4.05 billion. One presidential term. Zero indictments. Zero congressional hearings. Zero audits. Zero consequences of any kind for any person at any level of the operation.
The chart goes up. It only counts his money.
There is another chart. It has 600,000 wallets on it. Retirement accounts. People who believed a dishwasher recycling company in Minnesota was a sound vehicle for their savings.
We do not publish that one. I filed it under EAGLE-7.
ICE has violated almost 100 court orders.
Let me say that another way. 100 times ICE was caught brazenly ignoring the law. 100 times a court told them to immediately stop. And 100 times they ignored the order.
That's an out of control agency that shouldn't get another dime.
There aren't nearly enough people who remember and appreciate that President Biden added 2.2 million jobs to the economy in his last year, while trump only added 185,000 during his first year, in 2025.
We were BETTER under Biden.
RT TO SPREAD THE WORD.
Audits in Utah, Idaho, Louisiana, Montana, and Georgia found a few dozen possible noncitizen registrants out of millions—and virtually no voting. Trump’s claim that noncitizens are swinging elections is false, says Cato’s @stephen_richer.
https://t.co/13ky0NqACJ
BREAKING: The U.S. Olympic curling team enrages MAGA by tearing into ICE on the world stage and taking a brave stand for the embattled people of Minnesota: "There's no shades of gray" and "We love our country."
This is what real Americans sounds like...
"I'd like to say I'm proud to be here to represent Team USA and to represent our country. But we'd be remiss if we didn't at least mention what's going on in Minnesota and what a tough time it's been for everybody. This stuff is happening right around where we live," said Rich Ruohonen, the skip for the United States Men’s Curling Team. He is himself from Minnesota.
"And I am a lawyer, as you know, and we have a Constitution," he continued. "And it allows us to freedom of the press and freedom of speech, protects us from unreasonable searches and seizures and makes it that we have to, you know, have probable cause to be pulled over."
"And what's happening in Minnesota is wrong," he said. "There's no shades of gray. It's clear. And I really love what's been happening there now with people coming out, showing the love, the compassion, integrity, and respect for others that they don't know and helping them out and we love Minnesota for that."
"I want to make it clear that we are out here. We love our country," he went on. "We're playing for the U.S. We're playing for Team USA. And we're playing for each other, and we're playing for our family and our friends that sacrificed so much to get here today."
"And that doesn't change anything because what the Olympics means is excellence, respect, friendship," said Ruohonen. "And we all, I think, exemplify that. And we are playing for the people of Minnesota and the people around the country who share those same values, that compassion, that love, and that respect."
Ruohonen's words are especially courageous given the deranged rhetoric coming out of the Republican Party right now. Senator Rick Scott has called for any American Olympians who dare question the idea that U.S. is currently a beacon of "freedom and democracy" be "stripped of their USA Olympic uniform."
MAGA is not American. Real Americans believe in the sanctity of free speech. We proudly stand with our Olympic athletes!
Please ❤️ and share if you stand with our Olympics heroes!
@XFreeze Yeah. Take a look at the “banned word list” for federal grants imposed by the fascist Trump regime and tell me who is restricting speech. From the list: Women, ethnicity, hate speech, enhancing, barrier, advocate, race, socioeconomic, trauma, victim … really!
The Trump administration is disgusting!
Yesterday, ICE raided a home on St. Paul’s East Side. Their target was ChongLy Scott Thao, an elderly Hmong American man.
He’s a U.S. citizen with no criminal record.
Armed ICE agents broke down the door without presenting a valid warrant, entered with guns drawn, and handcuffed him in front of his 5-year-old grandson, who was left crying and traumatized.
This happened in sub-zero conditions, with wind chills near -30°F. Thao was dragged outside wearing only shorts, a blanket, and Crocs and marched through the snow.
ICE then drove him around for nearly an hour, questioned and fingerprinted him, confirmed he was a citizen and not the person they were looking for… and dropped him back at home.
No apology. No explanation. No accountability.
Is this what you voted for?
Bernice King: “The recent claim by President Trump that the 1964 Civil Rights Act harmed white Americans is just wrong and it’s dangerous. It re-writes history in a way that fuels fear and resentment. My father and so many leaders of the movement did not risk their lives to divide this nation. They did so because America was denying millions basic rights. The right to work, the right to vote, to live where they please, to move through society with dignity. The Civil Rights Act did not give black people special treatment. It made discrimination illegal. The same discrimination you’re trying to turn around and use.”
@BernieSanders Your feckless GOP colleagues have abandoned democracy, ethics, and humanity. You and the Dems need to step up the game. Grind it to a halt.
This should disturb every anti-racist.
ICE are fucking Nazis.
What happened to deporting the worst of the worst?
ICE continues to snatch up Americans. They leave babies and children abandoned. They hold people in inhumane conditions. They don't care because this is what Trump wants. He wants to terrorize. He wants to create fear. He wants division. He wants death and destruction.
Kudos to this police chief and to the state of Minnesota for holding this briefing and for apologizing. #DemsUnited
🚨BREAKING: ICE agents in Minneapolis violently detained, threatened, and arrested a U.S. citizen for one reason only, he refused to prove his citizenship.
In the video, agents immediately escalate to physical force. A man stands with his hands up, repeatedly saying, “I’m not doing anything,” while agents shove him, force him against his car, and begin an illegal search.
No crime. No warrant. No probable cause.
An agent falsely claims, “That’s assault,” while they are actively assaulting a U.S. citizen who is complying and not resisting.
Moments later, the agent admits the truth, saying, “And all we needed was your ID,” openly acknowledging this was an unlawful detention based solely on a refusal to produce identification.
That is not legal.
The short agent then threatens, “Don’t move or you will be fucking tased.”
The man calmly responds, “I’m not moving.”
The short agent escalates again, snarling, “You’re a fucking bitch, and you’re going to learn the hard way.”
That is a direct threat of violence against a U.S. citizen whose hands are already behind his back.
They dig through his pockets anyway, repeating, “I just asked you for an ID,” as if that excuses violating the Fourth Amendment.
Then, in a moment that exposes the entire operation, the short agent announces, “He has a gun on him! Wouldn’t you look at that.”
As if Minnesota is not a conceal-carry state.
The man immediately responds, “A fully registered firearm. Because I’m a U.S. citizen.”
The short agent casually tosses the firearm onto the car after removing the magazine, demonstrating reckless handling of a legally owned weapon.
By this point, they have removed his wallet, yet, still do not check his ID, and still continue the arrest.
The man states the obvious, “Unlawful arrest.”
The short agent replies, “We’ll see about that.”
When asked what crime he committed, the short agent deflects, saying, “We’re going to talk about that when we get in the car,” knowing full well he is on camera and cannot articulate a lawful reason.
Only then do agents begin changing their story, claiming the man “reached for something.”
The man immediately corrects them, he reached for his whistle.
ICE agents already admitted the detention was because he refused to show ID. They did not know he was carrying a firearm until after the illegal search. Now they are retroactively inventing justification.
The video contradicts every word they say.
This wasn’t law enforcement. This was intimidation, retaliation, and a fishing expedition carried out by armed agents.
If not carry papers, as a U.S. citizen, gets you assaulted and arrested, then this isn’t law enforcement. It’s a police state.
Dehumanization is a feature of all vicious police states. Murder and violence are built in, empathy is erased. Calling people vermin (see Trump, Donald J.) is a part of the strategy. When your supporters are killed or injured, they are martyrs, when the other side is, they are garbage and deserve it.
@rg2fwd@NormOrnstein Calling ice the gestapo is in response to the fact that they are the tool that the 47 regime is using to dehumanize and terrorize marginalized people - and those attempting to defend marginalized people. Do you get it?
Smith: For nearly three decades I have been a career prosecutor. I have served during both Republican and Democratic administrations and I've been guided by those principles in every role I've held. I continued to honor those principles when I was appointed to serve as special counsel in November of 2022.
The decision to bring charges against President Trump was mine, but the basis for those charges rests entirely with President Trump and his actions, as alleged in the indictments returned by grand juries in two different districts.
Our investigation developed proof beyond a reasonable doubt that President Trump engaged in a criminal scheme to overturn the results of the 2020 election and to prevent the lawful transfer of power.
Our investigation also developed powerful evidence that showed that President Trump willfully retained highly classified documents after he left office in January of 2021, storing them at his social club, including in a ballroom and a bathroom. He then repeatedly tried to obstruct justice to conceal his continued retention of those documents.
I remain grateful for the counsel, judgment, and advice of my team as I executed my responsibilities. I am both saddened and angered that President Trump has sought revenge against career prosecutors, FBI agents, and support staff simply for doing their jobs and for having worked on those cases. These dedicated public servants are the best of us, and they have been wrongly vilified and improperly dismissed from their jobs.
I made my decisions in the investigation without regard to President Trump's political association, activities, beliefs, or candidacy in the 2024 Presidential election. We took our actions based on the facts and the law, the very lessons I learned early in my career as a prosecutor. We followed Justice Department policies and observed legal requirements.
The timing and speed of our work reflects the strength of the evidence and our confidence that we would have secured convictions at trial. If asked whether to prosecute a former President based on the same facts today, I would do so regardless of whether that President was a Republican or a Democrat.