Fox News anchor Dana Perino: “We spent a lot of time talking about Hunter Biden. Maybe his mistake was only asking for $10 million from Ukraine.”

Written by Media Matters Staff

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Bloomberg News reports: “President Donald Trump reported earning at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure. Trump reported making more than $594 million from sales by World Liberty Financial, the crypto firm whose co-founders include Trump, his sons, and Steven Witkoff, a top diplomat in his administration. Zach Witkoff, the special envoy’s son, serves as chief executive officer.”

From the July 1, 2026, edition of Fox News' Fox & Friends

BRIAN KILMEADE (CO-HOST): So what's your takeaway from that give and take? First they asked him about his blind trust. They said, look you made money in crypto, he was like, I have nothing to do with that. That's what happens presidents go into office, right, they put their money elsewhere.

DANA PERINO (FOX NEWS ANCHOR): So, I don't know enough about the details. He put out a disclosure yesterday. It was eye-opening for a lot of people that you can make that kind of money. Maybe it is in crypto, maybe it's not, but it does feel a little bit like, wait. What is going on?

And the White House can — they have a good point. They're like, well, everybody's making money, everybody's better. But, if they think that this issue is not permeating across the country with people going, huh, wait, what?

They're not exactly on the most solid ground here. He did a decent job of trying to get the ball down the field a little bit and to deflect, but there's no doubt about that.

But it's also the other questions of, like, but then your children are involved in this. And if you remember, we spent a lot of time talking about Hunter Biden. Maybe his mistake was only asking for $10 million from Ukraine because maybe he wasn't smart enough to figure everything else out.

These people are businessmen, and they know what they're doing. Look at their big plans, and they're not afraid to take a risk. And if you take risk, a that's how you can make a little bit of money. But you also have to have someone to help maybe open a door, and that's what's happening.