Today, Explained • 16 May 2025

All the president’s side hustles

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Ethical concerns abound on the president's first big trip to the Middle East since reentering office. But if you really want conflicts of interest, take a look at his crypto projects. This episode was produced by Victoria Chamberlin, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Sean Rameswaram. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. Transcript at vox.com/today-explained-podcast. A billboard featuring President Donald Trump holding Bitcoin in Hong Kong. Photo by May James/SOPA Images/LightRocket via Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices