Political Quotes

On the recordJuly 17, 2025
Mr. Speaker, since assuming office, President Trump has been making himself richer and richer, while working-class Americans are struggling just to stay afloat. President Trump has earned $1.2 billion since he entered office. The Trump family has been using the Office of the Presidency, and the way that they are doing this is extremely alarming to me and my fellow Democrats. Now, let me go through this timeline once more. In September 2024, on the campaign trail, the Trump family launched World Liberty Financial, which they have described as a decentralized finance, or DeFi company. On January 17, 2 days before the Presidential inauguration, President Donald Trump launched his Trump memecoin. Days later, Melania Trump launched her memecoin. On March 25, 2025, World Liberty Financial launched a dollar-pegged stablecoin just 1 week before the House Financial Services Committee marked up stablecoin legislation and 2 weeks after Senate colleagues held their markup. On March 31, Eric Trump and Donald Trump, Jr.'s, American data centers merged with American bitcoin, a bitcoin mining operation. On July 8, Trump Media and Technology Group, the company that operates the Truth Social media platform, announced that it had filed paperwork with the SEC to approach to launch the crypto blue chip ETF later this year.
Said by
Maxine Waters
Democratic · California

Editor's note · Context

Addressing concerns about President Trump's financial activities and business ventures during his presidency.

Share

More from Maxine Waters

Jun 22, 2026

While no compromise is perfect, this legislation reflects meaningful progress and incorporates over 50 housing and banking provisions which Democrats fought to secure, but our work is far from done.

dailycaller.com
Nov 21, 2025

Mr. Speaker, I wish we were here on the House floor this morning debating solutions that would reduce grocery bills, lower housing costs, end Trump's tariffs that are strangling American small businesses and manufacturers, solve the…

govinfo.gov
Apr 14, 2026

the very Reverend Jesse Jackson Presidential candidate and civil rights leader was not only my close friend and confidant, he was my longtime political ally and mentor. Reverend Jesse Jackson, Sr., was my idol and spiritual and political…

govinfo.gov
Jul 21, 2025

Mr. Speaker, this bill requires the SEC to study the costs encountered by small- and medium-sized companies when undertaking the initial public offering of their securities to the public, otherwise known as IPO, as well as certain other…

govinfo.gov

Other voices in this conversation