President Donald Trump claimed Sunday that he has generated "hundreds of billions of dollars" in stock market profits for the United States, not for personal gain. The statement coincides with renewed political pressure to ban presidential trading.

The Intel Stake

The administration acquired a roughly 10% stake in Intel Corp (NASDAQ: INTC) in August 2025. The purchase involved 433.3 million shares at $20.47 each, totaling an $8.9 billion investment made at a discount to the then-market price.

Intel’s stock has risen 143.27% year-to-date and 291.34% over the past year. Shares closed 4.51% higher on Friday at $95.80. Trump shared an AI-generated image depicting himself at the Resolute Desk with screens showing Intel bought at $20 and now at $95.

Political Backlash and Legislation

Democrats have intensified calls for legislation to prohibit officials from trading stocks. Representative Eugene Vindman (D-Va.) introduced the "Sell Your Stocks or Step Down Act," which would ban the president, vice president, and members of Congress from trading stocks, digital assets, and prediction market contracts.

Trump’s financial disclosures show his companies generated more than $1.4 billion from crypto ventures in 2025. This includes over $520 million from World Liberty Financial token sales and more than $635 million from Official Trump memecoin royalties.

Market Performance Context

Trump defended the market’s performance amid the Iran conflict, stating the market has kept hitting new records despite his earlier warnings that confrontation would hurt stocks.

What the Numbers Show

The disclosed revenue sources from Trump’s business ventures reveal a significant concentration in digital assets. Of the $1.4 billion generated from crypto ventures in 2025, the Official Trump memecoin royalties ($635 million) and World Liberty Financial token sales ($520 million) account for the entirety of the reported figure, indicating these two specific instruments drove the total crypto income.

Trump stated that the United States may hit pickaxe very soon, marking a notable public declaration on the subject.

Statement in focus

The remark, attributed directly to Trump, centres on the prospect of hitting pickaxe in the near term. No additional context, timeline, financial figures, or operational details were provided alongside the statement.

Key detail

The statement as reported contains no quantitative data, geographic specifics, or policy framework. It stands as a direct quote without supplementary elaboration in the source material.