VIDEO: âI Could Know About It. I Didnât.â: The CNBC Interview Where Trump Confessed to Everything and the Media Called It Access
CNBC got the first interview after the biggest presidential self-enrichment disclosure in American history â and treated a $2 billion confession like a fireside chat.
Dean Blundell
Thereâs a moment in every failing empire when the graft stops hiding. Where the guys running the till donât even bother closing the drawer anymore because theyâve figured out nobodyâs coming. That moment aired on CNBC this week, in the Oval Office, with Joe Kernen nodding along like a bobblehead glued to the dash of a getaway car.
Two days before the interview, the Office of Government Ethics dropped Trumpâs 2025 financial disclosure: 927 pages, $2.24 billion in revenue in his first year back in office. More than half of it from crypto â roughly $526 million from World Liberty Financial token sales, the âdecentralized financeâ outfit he launched with Eric, Don Jr. and the Witkoff family weeks before the election, plus another $635 million in royalties tied to his meme coin through CIC Digital LLC.
Hold that last name. Weâll come back to it.
So CNBC â a network whose entire brand is âwe understand moneyâ â gets the first sit-down after the most staggering presidential self-enrichment disclosure in American history. And they send Joe Kernen, a man whose interviewing posture toward Trump has always been somewhere between âgolf buddyâ and âgolden retriever.â To Kernenâs minimal credit, he actually asked the question. To everyoneâs horror, Trump actually answered it. And the answer was a confession dressed up as a shrug.
âI Could Know. I Didnât.â
Kernen asks: the crypto money in the disclosure was âan outsized numberâ â did you know about the crypto ventures?
Trump: âI could know about it. I didnât. Thereâs nothing illegal, thereâs nothing wrong with it. I could know.â
Thatâs not a denial. Thatâs a man explaining that ignorance is a choice heâs making for legal aesthetics, and that even the ignorance is optional. Heâs right about one thing, by the way â Title 18, Section 208, the federal conflict-of-interest statute, exempts the president and vice president. Congress wrote the carve-out assuming no president would ever be shameless enough to need it. Congratulations, Congress. You found him.
But hereâs the fact-check that torches the whole âI donât know, I donât get involvedâ routine: Trumpâs own disclosure lists him as the manager, president, secretary AND treasurer of CIC Digital LLC â the entity collecting the $635 million in meme coin royalties. Heâs not a distant beneficiary of a blind trust. Heâs on the paperwork. Four titles deep.
âI Donât Even Know Who They Areâ
Trumpâs other defense â that his money is handed off to big firms and mystery people who invest it without his knowledge â collides with the disclosure at roughly the speed of a Truth Social post.
The filings show approximately 21,000 trades in 2025, an average of about 85 per market day. Ten days accounted for a quarter of all trades, mostly during volatility triggered by his own policy announcements. In more than 200 instances, his accounts bought a stock the same day another of his accounts was selling it.
And then thereâs April. On April 8, 2025 â after four days of a market bloodbath caused by his âLiberation Dayâ tariffs, with the S&P down more than 12% â Trumpâs accounts made 327 stock purchases in a single day, loading up on Apple, Alphabet, Amazon, Microsoft and Nvidia. The next morning, he posted âGREAT TIME TO BUY!!!â on Truth Social. Hours later, he announced a partial tariff retreat and the S&P 500 rocketed 9.5% in one of its best days ever recorded.
Buy the dip you dug. Post the hype. Reverse the policy. Collect. If a hedge fund manager did this, weâd call it what it looks like. When a president does it, CNBC calls it âwide-ranging.â
âIf They Buy a Truck, They Have Inside Informationâ
This was supposed to be a defense of his kids. Listen to what it actually is: an admission that the presidency touches everything, that his familyâs business runs through everything, and that therefore everything they do is entangled with insider knowledge. He said the quiet part, then complained the quiet part was unfair to say. Read this and let me know if there are any âtrucksâ in Don Jr and Ericâs $9 billion defence contracting portfolio that didnât exist 2 years ago:
The $400,000 Fig Leaf
âIâm the only president thatâs ever given up my salary.â First â false. Herbert Hoover and JFK also declined theirs. Second â the math. The presidential salary is $400,000. Against $2.24 billion in one yearâs revenue, the forgone salary is roughly 0.018% of the take. Itâs a tip. Itâs the sticker on the collection jar that says âevery bit helpsâ while the truck backs up to the vault.
The Rest of the Gish Gallop, Fact-Checked
âThe most successful four years, including the covid.â More than 400,000 Americans died of COVID during his first term. He left office as the first president since Hoover with fewer Americans employed than when he arrived. âIncluding the covidâ is doing more heavy lifting than any three words in modern politics.
âI saved 30 million livesâ (India-Pakistan). There was a real, brief India-Pakistan clash in May 2025 that ended in a ceasefire. Pakistan credited Trump and even floated him for a Nobel; India flatly disputes that Washington brokered anything. â30 million livesâ is not a number from any analyst on Earth. Itâs a number from the same place âthe biggest inauguration crowd everâ came from.
Iran: âtotally defeated militarily… they have some missiles left.â Both of those canât be true, and he said them back to back without blinking. Thatâs not analysis. Thatâs vibes with a security clearance.
âIt took us 30 years to get out of the Great Depression… FDR didnât get us out of it.â The Depression ran roughly 1929 to 1939-41 â about a decade, not thirty years. Unemployment fell from around 25% to the mid-teens under FDRâs New Deal before wartime mobilization â under FDR â finished the job. Trump got the duration wrong by 20 years and the president wrong by one Roosevelt.
âHow a Jewish person can vote for a Democrat is beyond me. Iâve been the best president in the history of Israel.â He is not the president of Israel, and telling American Jews their votes belong to a foreign countryâs interests is the dual-loyalty trope with a podium. Itâs an anti-semitic slur wearing a new suit.
The housing bill hostage. A bipartisan affordability bill â the kind of thing both parties wanted as proof Washington can still function â sits unsigned because Trump wants the SAVE Act first: proof-of-citizenship voter registration, plus a wish list including a mail-in voting ban. Your rent relief is being held for ransom, and the ransom is your ballot.
The Part That Should Scare You Most
Even the Wall Street Journalâs editorial board â the in-flight magazine of American capital, not exactly Antifaâs newsletter â called the disclosure âan unseemly display of using the Presidency for family profitâ and warned that foreign actors may conclude âthey can buy American goodwill or favors if they cut the Trumps in on the action.â
When the WSJ editorial page is to the left of your business networkâs interview, the interview wasnât journalism. It was a service.
A convicted felon â 34 counts â found liable for sexual abuse in a case where the presiding judge stated the conduct was, in common understanding, rape, sat in the Oval Office and told a financial news network that he made two billion dollars, that he could know how, that he chose not to, and that thereâs nothing anyone can do about it because Congress exempted him from the rules.
And the anchor thanked him for his time.
Thatâs not a news cycle. Thatâs a eulogy for one.
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https://deanblundell.substack.com/p/video-i-could-know-about-it-i-didnt?

