Trump says he 'couldn't care less' that being president is 'costing me from $3 to $5 billion'
After declaring he "couldn't care less" that the presidency is "costing me a fortune," President Trump went on to complain at length about the billions of dollars he claims to be losing because of the job.
Trump visited the Shell Petrochemical plant in Monaca, Pennsylvania, on Tuesday, and spoke to hundreds of factory employees who were paid by Shell to attend the event, The Associated Press reports. Although this was an official White House event, Trump spent a good chunk of time insulting the media and 2020 presidential candidates like former Vice President Joe Biden and Sen. Elizabeth Warren (D-Mass.). He also took credit for the building of the plant, despite its construction being announced in 2012.
Trump went on to lament that "this thing is costing me a fortune, being president. Somebody said, 'Oh, he might have rented a room to a man from Saudi Arabia for $500.' What about the $5 billion that I'll lose?" Trump was referring to people arguing that the Constitution's emoluments clause prohibits his businesses from accepting payments made by foreign governments.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
He added that he has to spend a lot of money on lawyers "cause everyday they sue me for something," and "it's probably costing me from $3 to $5 billion for the privilege of being — and I couldn't care less — I don't care. You know if you're wealthy, it doesn't matter. I just want to do a great job." Trump has not released his tax returns, so his exact net worth is unknown.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
The Etias: how new European travel rules may affect you
Britons will eventually have to pay for a visa waiver when the European Union introduces its much-delayed entry-exit scheme
By Marc Shoffman, The Week UK Published
-
How much can a month of not drinking save you?
The explainer Refusing to imbibe can have a surprising impact on your financial health
By Becca Stanek, The Week US Published
-
Crossword: February 5, 2025
The Week's daily crossword
By The Week Staff Published
-
'It should be no surprise that our big tech firms are at risk'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
The impact of protective-status removal for Venezuelan migrants
In the Spotlight The White House ended a program that was stopping thousands of Venezuelans from being deported
By Justin Klawans, The Week US Published
-
How is Canada readying its arsenal for a trade war with the US?
TODAY'S BIG QUESTION The United States' northern neighbor is wasting no time when it comes to Donald Trump's tariffs and the looming threat of a North American trade war
By Rafi Schwartz, The Week US Published
-
Democrats try to stop Trump's USAID closure
Speed Read Trump and Elon Musk are attempting to dismantle the US Agency for International Development, a move congressional Democrats say is illegal
By Rafi Schwartz, The Week US Published
-
73 things Donald Trump has said about women
In Depth The president has a long history of controversial remarks about the opposite sex
By Rafi Schwartz, The Week US Published
-
Trump tariffs on Canada, Mexico, China rattle markets
Speed read The tariffs on America's top three trading partners are expected to raise the prices of everything from gas and cars to tomatoes and tequila
By Peter Weber, The Week US Published
-
Elon Musk operatives access US payment system, aid
Speed Read The Trump administration has given Musk's team access to the Treasury payment system, allowing him to track and control government spending
By Peter Weber, The Week US Published
-
What is 'impoundment' and how does it work?
The Explainer The Trump administration grabbed at the 'power of the purse' in Congress, using a little-known executive action that could have massive implications for the future
By Rafi Schwartz, The Week US Published