Wall Street Journal blasts Trump family for 'cashing in' on presidency: 'Big and sketchy'

Wall Street Journal blasts Trump family for 'cashing in' on the presidency, arguing that President Donald Trump and relatives have profited from the White House in ways the paper calls “big and sketchy.” In a Wednesday editorial tied to Trump’s 2025 financial disclosure report released Tuesday, the Journal says he reported about $2.2 billion in income last year, including $1.2 billion from his crypto businesses. It highlights affiliates of the Trump Organization and ties to the Trump meme coin, plus $593 million linked to World Liberty Financial, co-founded by Trump, his sons and envoy Steve Witkoff. The board cites alleged “dubious deals” involving DWF Labs and Pakistan’s government, and says the Trump administration has granted loans tied to firms associated with Trump’s sons. It warns the Republican Party may face “political costs,” especially if Democrats win legislative control in November.