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The annual financial disclosure of Donald Trump, for the fiscal year 2025 and published on June 29 by the United States Office of Government Ethics, reveals that the president has his brand «TRUMP HOME» registered in Venezuela, according to reporting from the EFE agency.
The document, consisting of 927 pages, identifies eight consecutive registrations —with codes P349320 to P349327— with the Venezuelan Autonomous Service of Intellectual Property, all classified as "registered" and related to categories such as kitchen utensils, tableware, textiles, and household items.
The statement does not indicate that the brand is in active commercial use in Venezuela, nor does it report any revenue derived from its exploitation in that territory.
This is the first time Trump has included records of his brand in an official asset document in the South American country, which has reignited the debate about possible conflicts of interest between his personal business dealings and his administration's foreign policy decisions.
The discovery is particularly significant due to its context: according to the Venezuelan outlet La Patilla, the trademark registrations are reported to have occurred months before the capture of Nicolás Maduro on January 3, 2026, a military operation ordered by Trump that radically transformed the relations between the two countries.
After that operation, Trump formally recognized the interim government led by Delcy Rodríguez, signed a gold agreement worth 165 million dollars with Venezuela, and the Department of the Treasury issued licenses to ease restrictions in the Venezuelan gold sector.
On April 1, 2026, the United States removed Rodríguez from the OFAC sanctions list, marking another step towards normalizing relations with the new Venezuelan government.
Richard Painter, former chief ethics lawyer at the White House during George W. Bush's administration, left no doubt in assessing the situation: "Of course this is a conflict of interest."
The Deputy White House Press Secretary, Anna Kelly, firmly rejected those criticisms: "Neither the president nor his family have ever engaged in, nor will they ever engage in, any conflicts of interest."
Beyond Venezuela, the financial statement of Trump reveals a million-dollar portfolio that exceeds 2 billion dollars in total income for 2025, with a dominant weight from cryptocurrencies: between 1.2 and 1.4 billion dollars linked to World Liberty Financial and the memecoin $TRUMP.
The report also includes approximately 77 million dollars for Mar-a-Lago, 122 million for his golf club in Doral, and 86.5 million in agreements with media outlets, including Meta, YouTube, ABC, and CBS.
According to Forbes, Trump's personal wealth nearly tripled between 2024 and 2026, going from 2.3 billion to 6.5 billion dollars, a growth that his critics directly attribute to the exercise of power.
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