Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter

Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy The scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first...

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What happened: Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy The scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first...

Why it matters: The update may affect readers following US economy, policy developments, markets, public services, or communities connected to the story. Our newsroom is tracking it because it fits the US economy desk and may develop further as more verified details emerge.

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Source attribution: The Guardian Business via theguardian.com. Original report: https://www.theguardian.com/business/2026/jul/18/trump-crypto-us-economy