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Trump cornered on '60 Minutes' over family business interests: 'Why is that different?'

US President Donald Trump speaks to the media before boarding Air Force One en route to Joint Base Andrews, Maryland, at President Donald J. Trump International Airport in West Palm Beach, Florida, US, November 8, 2026. REUTERS/Eric Lee

Trump cornered on '60 Minutes' over family business interests: 'Why is that different?'

Things got heated during President Donald Trump's interview on CBS' signature show, "60 Minutes."

Trump sat down with CBS correspondent Ross Douthat for a wide-ranging interview about the midterms and what comes next for his lame-duck administration. During the segment, Douthat asked Trump how he would respond if former President Joe Biden's son Hunter invested in companies like Trump's children have done. Trump tied himself into knots as Douthat pressed Trump to explain how the scenarios are different.

"Here's what I want to understand. Your son helps manage a cryptocurrency company called World Liberty Financial. You are a co-owner of that company, correct?" Douthat asked, above Trump's repeated attempts to interrupt him.

"That's correct," Trump replied.

"This company is also partially owned by investors connected to the government of the United Arab Emirates," Douthat continued. "I think if I told you that story, and it was about the Biden family ... you would say that's corrupt, right?"

Trump stammered and said that the Bidens "did have a lot going on," before Douthat pressed him to explain the difference.

"How is it different for you?" he asked.

"I'll tell you the difference," Trump said. "It's that I know nothing about it. I made a lot of money before ..."

Douthat then raised his voice and pointedly asked Trump why he hasn't divested from the company.

"How do you divest from cash?" the president replied.

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