Trump denies conflict of interest over crypto. And, Vatican excommunicates rebel group
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President Trump's financial disclosures reveal that he and his family earned more than $1 billion through cryptocurrency ventures and other businesses last year, according to a 927-page report filed with the Office of Government Ethics. The report shows that more than $500 million came from the cryptocurrency venture "World Liberty Financial," which was co-founded by Trump family members. The sale of souvenir "meme" coins featuring Trump's image generated more than $600 million. Other income included more than $50 million from settlements with media companies and millions in profits from Trump-branded products like Bibles, sneakers and watches. These earnings, which have outpaced his real estate business, have sparked concerns about potential conflicts of interest. The White House released a statement denying any conflicts of interest, and spokesperson Anna Kelly applauded Trump for making the U.S. "the crypto capital of the world."
President Trump walks to board Air Force One as he departs Bismarck Municipal Airport on July 1, 2026, in Bismarck, North Dakota. Trump traveled to North Dakota to attend the Theodore Roosevelt Presidential Library dedication. Andrew Harnik/Getty Images hide caption
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Andrew Harnik/Getty Images
The Vatican this morning formalized the excommunications of the bishops and priests of the conservative group known as the Society of St. Pius X, declaring that it has entered schism and broken communion with the pope and the Catholic Church. The group, known as SSPX, celebrates the traditional Latin Mass and opposes some modern church reforms. In the Catholic Church, the appointment of new bishops is the responsibility of the pope. But yesterday, the group defied Pope Leo XIV by consecrating four bishops without his approval. The Society framed its actions as a defense of Catholic tradition. During the ceremony, the Rev. Davide Pagliarani, head of the Society of St. Pius X, described the consecrations as an act of service rather than rebellion. Two of the excommunicated men teach in the U.S., where the group's membership has been growing, according to the society.
A little over a week has passed since rare double earthquakes struck Venezuela. Thousands of people are feared dead as the official death toll continues to rise and hope diminishes for finding survivors in the rubble. Yesterday, the number of people killed by the quakes reached 2,295, and more than 11,200 people were injured, said Jorge Rodríguez, the president of Venezuela's National Assembly. Tens of thousands of people remain unaccounted for. The number of people left homeless could be staggering. An analysis of satellite data by Corey Scher and Jamon Van Den Hoek from Oregon State University estimated that 58,870 buildings were likely damaged or destroyed by the earthquakes. The U.N.'s International Organization for Migration has reported that up to 6.8 million people could be affected by the disaster, needing shelter, water, sanitation, healthcare and other relief items. Here are the most significant developments since the tragedy occurred.
The U.S. men's national team defeated Bosnia-Herzegovina 2-0, marking its first FIFA World Cup knockout round victory since 2002. With this win, the U.S. advances to the Round of 16, where it will face Belgium on July 6. The team will have to play without U.S. forward Folarin Balogun, who will be suspended after receiving a red card for a cleat-first challenge on Bosnian defender Tarik Muharemović. Balogun has scored three goals in three World Cup matches, including the first goal of yesterday's game. Balogun is currently the top goalscorer for the U.S. team in the 2026 World Cup.
Got a fridge full of half-eaten food like this rotisserie chicken and not sure what to do with it? Chefs share creative cooking tricks and storage techniques to motivate you to use it all up. Pulse/Getty Images/Corbis RF Stills hide caption
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Pulse/Getty Images/Corbis RF Stills
Don't let your leftovers go to waste. According to the nonprofit ReFED, about a quarter of all food products are wasted nationally. Life Kit spoke with chefs who shared clever storage techniques and cooking tips to help you make the most of your food scraps.
For additional guidance on creative ways to use your leftover odds and ends, listen to this episode of NPR's Life Kit. Subscribe to the Life Kit newsletter for expert advice on love, money, relationships and more.
Garland Jones, recreational therapist and senior program director of the YMCA of South Florida's special needs program, teaches Mackenzie Wesley, 5, to breathe safely in water by using a ping pong ball as a visual aid. LA Johnson/NPR hide caption
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LA Johnson/NPR
Children with autism are 160 times more likely to die from drowning compared to their peers, according to a 2017 study from Columbia University. This is largely because about half of autistic children have a tendency to wander away from safe environments. That fact, combined with an attraction to water, can be very dangerous. High-quality swim lessons can be a vital preventative measure to combat this issue. Florida, which has one of the highest childhood drowning rates in the nation, expanded a voucher program this month that puts children ages 1-7 who have autism at the front of the line for subsidized swim lessons. The YMCA of South Florida's low-cost Swim Buddies program is one of the largest programs specifically designed for children with disabilities in the area. One of its key features is its focus on individualization and one-on-one instruction, rather than traditional group lessons. Staff members assess each child's needs and tailor the lessons accordingly. Take a look at how this program is helping children with autism.
Photo Illustration of the new Wegovy 1.5 mg and 4 mg semaglutide tablets with injectable prescription weight loss pens on a white background. Its a prescription medicine used with a reduced calorie diet and physical activity. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Universal Images Group/Getty Images hide caption
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Universal Images Group/Getty Images
This newsletter was edited by Suzanne Nuyen.
Read the full story at NPR ↗ · NPR ↗ · Sky News ↗
President Trump's financial disclosures filed with the Office of Government Ethics reveal family earnings exceeding $1 billion in 2025. The largest sources were World Liberty Financial, a cryptocurrency venture cofounded by Trump family members ($500 million), and sales of Trump-branded digital coins ($600 million). Other significant income came from media settlements and branded products including Bibles and watches. The White House statement addressed concerns about potential conflicts of interest by denying their existence. In a separate development, the Vatican declared the Society of St. Pius X, a conservative Catholic group that celebrates Latin Mass, to be in formal schism after it consecrated four bishops without authorization from Rome. The society justified its actions as preserving Catholic tradition.
Read the full story at NPR ↗ · NPR ↗ · Sky News ↗
Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day.
President Trump's financial disclosures reveal that he and his family earned more than $1 billion through cryptocurrency ventures and other businesses last year, according to a 927-page report filed with the Office of Government Ethics. The report shows that more than $500 million came from the cryptocurrency venture "World Liberty Financial," which was co-founded by Trump family members. The sale of souvenir "meme" coins featuring Trump's image generated more than $600 million. Other income included more than $50 million from settlements with media companies and millions in profits from Trump-branded products like Bibles, sneakers and watches. These earnings, which have outpaced his real estate business, have sparked concerns about potential conflicts of interest. The White House released a statement denying any conflicts of interest, and spokesperson Anna Kelly applauded Trump for making the U.S. "the crypto capital of the world."
President Trump walks to board Air Force One as he departs Bismarck Municipal Airport on July 1, 2026, in Bismarck, North Dakota. Trump traveled to North Dakota to attend the Theodore Roosevelt Presidential Library dedication. Andrew Harnik/Getty Images hide caption
toggle caption
Andrew Harnik/Getty Images
The Vatican this morning formalized the excommunications of the bishops and priests of the conservative group known as the Society of St. Pius X, declaring that it has entered schism and broken communion with the pope and the Catholic Church. The group, known as SSPX, celebrates the traditional Latin Mass and opposes some modern church reforms. In the Catholic Church, the appointment of new bishops is the responsibility of the pope. But yesterday, the group defied Pope Leo XIV by consecrating four bishops without his approval. The Society framed its actions as a defense of Catholic tradition. During the ceremony, the Rev. Davide Pagliarani, head of the Society of St. Pius X, described the consecrations as an act of service rather than rebellion. Two of the excommunicated men teach in the U.S., where the group's membership has been growing, according to the society.
A little over a week has passed since rare double earthquakes struck Venezuela. Thousands of people are feared dead as the official death toll continues to rise and hope diminishes for finding survivors in the rubble. Yesterday, the number of people killed by the quakes reached 2,295, and more than 11,200 people were injured, said Jorge Rodríguez, the president of Venezuela's National Assembly. Tens of thousands of people remain unaccounted for. The number of people left homeless could be staggering. An analysis of satellite data by Corey Scher and Jamon Van Den Hoek from Oregon State University estimated that 58,870 buildings were likely damaged or destroyed by the earthquakes. The U.N.'s International Organization for Migration has reported that up to 6.8 million people could be affected by the disaster, needing shelter, water, sanitation, healthcare and other relief items. Here are the most significant developments since the tragedy occurred.
The U.S. men's national team defeated Bosnia-Herzegovina 2-0, marking its first FIFA World Cup knockout round victory since 2002. With this win, the U.S. advances to the Round of 16, where it will face Belgium on July 6. The team will have to play without U.S. forward Folarin Balogun, who will be suspended after receiving a red card for a cleat-first challenge on Bosnian defender Tarik Muharemović. Balogun has scored three goals in three World Cup matches, including the first goal of yesterday's game. Balogun is currently the top goalscorer for the U.S. team in the 2026 World Cup.
Got a fridge full of half-eaten food like this rotisserie chicken and not sure what to do with it? Chefs share creative cooking tricks and storage techniques to motivate you to use it all up. Pulse/Getty Images/Corbis RF Stills hide caption
toggle caption
Pulse/Getty Images/Corbis RF Stills
Don't let your leftovers go to waste. According to the nonprofit ReFED, about a quarter of all food products are wasted nationally. Life Kit spoke with chefs who shared clever storage techniques and cooking tips to help you make the most of your food scraps.
For additional guidance on creative ways to use your leftover odds and ends, listen to this episode of NPR's Life Kit. Subscribe to the Life Kit newsletter for expert advice on love, money, relationships and more.
Garland Jones, recreational therapist and senior program director of the YMCA of South Florida's special needs program, teaches Mackenzie Wesley, 5, to breathe safely in water by using a ping pong ball as a visual aid. LA Johnson/NPR hide caption
toggle caption
LA Johnson/NPR
Children with autism are 160 times more likely to die from drowning compared to their peers, according to a 2017 study from Columbia University. This is largely because about half of autistic children have a tendency to wander away from safe environments. That fact, combined with an attraction to water, can be very dangerous. High-quality swim lessons can be a vital preventative measure to combat this issue. Florida, which has one of the highest childhood drowning rates in the nation, expanded a voucher program this month that puts children ages 1-7 who have autism at the front of the line for subsidized swim lessons. The YMCA of South Florida's low-cost Swim Buddies program is one of the largest programs specifically designed for children with disabilities in the area. One of its key features is its focus on individualization and one-on-one instruction, rather than traditional group lessons. Staff members assess each child's needs and tailor the lessons accordingly. Take a look at how this program is helping children with autism.
Photo Illustration of the new Wegovy 1.5 mg and 4 mg semaglutide tablets with injectable prescription weight loss pens on a white background. Its a prescription medicine used with a reduced calorie diet and physical activity. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Universal Images Group/Getty Images hide caption
toggle caption
Universal Images Group/Getty Images
This newsletter was edited by Suzanne Nuyen.
Read the full story at NPR ↗ · NPR ↗ · Sky News ↗
Trump and his family earned more than $1 billion through cryptocurrency ventures and other businesses in 2025 according to a 927-page financial disclosure filed with the Office of Government Ethics More than $500 million came from World Liberty Financial, a cryptocurrency venture co-founded by Trump family members Sales of Trump-branded 'meme' coins generated more than $600 million Additional income included more than $50 million from media settlements and profits from Trump-branded products These earnings sparked concerns about potential conflicts of interest The White House denied any conflicts of interest exist The Vatican formalized excommunication of the Society of St. Pius X, declaring it has entered schism The group consecrated four bishops without papal approval, defying Church protocol The Society framed its actions as a defense of Catholic tradition
Read the full story at NPR ↗ · NPR ↗ · Sky News ↗
- Trump and his family earned over $1 billion in 2025, with more than $500 million from the cryptocurrency venture 'World Liberty Financial' and $600 million from sales of Trump-branded 'meme' coins
- Trump's White House denied any conflicts of interest, claiming the earnings demonstrate U.S. leadership in cryptocurrency
- The Vatican formalized excommunication of the conservative Society of St. Pius X after the group consecrated four bishops without papal approval