Assistant Democratic Leader Neguse: “The only person in America who's getting richer these days is Donald Trump”

July 17, 2026 Press Release Image Washington, D.C. — In case you missed it, Assistant Democratic Leader Joe Neguse was joined by Ranking Members Robert Garcia, Committee on Oversight and Government Reform, and Richard E. Neal, Committee on Ways and Mean, for his monthly news conference earlier this week. The Members spoke of President Donald Trump’s pervasive self-dealing and House Democrats’ efforts to put a stop to this administration’s unparalleled corruption. Click HERE to watch the full press conference. Find a transcription of Rep. Neguse’s opening remarks below. NEGUSE: I'm here today with two of our most prominent Ranking Members in the House Democratic Caucus—Ranking Member Richie Neal, of course, of the prestigious Ways and Means Committee, and Ranking Member Robert Garcia of the Oversight Committee. And we're here to convey a very simple message to the American people. There's a lot going on right now, but something that I believe was lost in the news over the course of the last several weeks is the simple fact that in the history of our country, no president has profited off of public office more than Donald Trump. According to financial disclosures released just a few weeks ago, roughly, I believe, 15 days ago, the president's income in 2025 soared to over $2.2 billion. Think about that $2.2 billion with a “b,” more than half of which was generated by his crypto empire that him and his family have been busily building. How do we know that Donald Trump is using the White House to increase his personal wealth? Because, besides the fact that these brazen self-enrichment schemes are happening in broad daylight, the numbers, the empirical data, tell the story. In 2024, before returning to office, Trump's profits were just under a third of what they were in his first year back in Washington, D.C. Meanwhile, the American people are struggling—from Massachusetts to California to Colorado, where I have the privilege of serving. Under the Trump Administration, gas prices are up, groceries are more expensive, affordable health care is out of reach for millions. Not to mention the social safety net, meant to support families and communities across our country, has been ripped out from under them. At the end of the day, the Congress has a constitutional obligation to hold this President and his administration accountable and to root out corruption wherever we see it. And I am grateful that we have two incredibly talented Ranking Members who are committed to doing precisely that. Continue reading for additional quotes from Representatives Neal and Garcia : “Tax laws are supposed to apply equally, whether you're a school teacher, a small business owner, or indeed the President of the United States. The administration continues to try to bend the institutions of governance to their will for the purpose of advancing his own interest,” said Ranking Member Neal. “[A federal judge in Florida] has spoken, and now Congress has a responsibility to continue to demand clear accountability. And if we don't put our eyes and scrutiny of these matters, it ill serves our constitutional function and it allows this enrichment that we’re witnessing to continue. The American people deserve more.” “[A]s Americans are struggling with gas, groceries, the cost of goods, paying the rent, Donald Trump and their family are enriching themselves…The crypto scheme might be the most blatant corrupt thing that the folks and people in the community can see, but what we're not seeing are the real estate deals being done by the sons, we're also not seeing the direct work that Jared Kushner is doing to enrich himself and his family with an investment fund that the Saudis pumped $2 billion in, we're not seeing the corruption of selling pardons, the corruption of selling pay-to-play at the White House, literally ticketed events at the People's House. And so, whether it's the crypto scheme, whether it's the real estate deals, whether it's the selling of pardons, whether it's the sons enriching themselves off real estate deals after their father's doing diplomacy, all of that comes back to a White House that is centered on enriching themselves and at the same time taking away from taxpayers,” said Ranking Member Garcia. ###