#MarketPullback

He had made profits from the meme coin he launched in January, just days before returning to the White House.

In a lengthy interview with journalist Kristen Welker on NBC News' Meet the Press, published on May 4, Trump said:

"I am not making profits from anything," in response to critics who accused him of using his presidential position to gain from cryptocurrency.

When Welker asked him:

"Are you saying that you do not earn profits from cryptocurrency at all?"

Trump replied:

"I haven't even looked into it."

He then added:

"But I'll tell you something, if I owned shares in a company and my business succeeded, and the market went up, I believe I would be making a profit.