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Has the presidency cost Donald Trump money? His financial disclosures say otherwise.

Poynter · Louis Jacobson · last updated

Markwayne Mullin said serving as president has cost Trump money. Forbes estimates Trump is $2.7 billion richer than when he won in 2024.

In a warm-up speech before President Donald Trump addressed Oklahoma rally-goers, Homeland Security secretary Markwayne Mullin told the crowd in his home state that Trump took a financial hit to serve as president.

“He doesn’t have to do this,” Mullin, a former U.S. senator, said at the Oct. 1 rally in Durant. “There’s no financial gain like the past presidents have had. It’s cost him to be in office.”

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