’60 Minutes’ Ross Douthat Grills Trump on Net Worth & Midterm Losses
What To Know
- Ross Douthat pressed President Donald Trump on the ‘historic’ Republican midterm losses.
- Trump argued he was not on the ballot and suggested some supporters disliked the candidates.
- Douthat also grilled the president about a reported $3 billion increase in his net worth since returning to office.
60 Minutes correspondent Ross Douthat didn’t go easy on Donald Trump on Sunday evening (November 8), pressing the president on the recent midterm elections and the billions of dollars reportedly added to his net worth during his second term.
Trump sat down with Douthat on Sunday’s show, where he was asked to give his “political analysis” on the “big, some might say, historic defeat” of the Republican Party in the midterms. The president repeated a claim he made on social media soon after the results, telling Douthat, “Well, number one, I was not on the ballot.”
He continued, “But I campaigned hard for some people. And… I think if I was on the ballot, it would’ve been a much different situation because you saw the level of popularity and love. There was love. I mean, we had massive rallies. Nobody’s ever seen rallies like that for midterms.”
Trump said that the love didn’t transfer to the candidates, though, as Douthat noted, the president “picked the candidates” in a lot of cases. Douthat highlighted Trump’s endorsement of Ken Paxton in Texas and Darline Graham in South Carolina, both of whom lost to their Democratic rivals.
“Darline, I did that in honor of a man named Lindsey, who was a friend of mine,” Trump said, referring to the late senator Lindsey Graham. “Good politician, good guy. A very good guy. And she fought hard. She fought hard. She really did.”
“But she lost a very Republican state,” Douthat interjected, “to a very liberal challenger.”
Trump responded by touting his previous success in South Carolina, Texas, and Florida. However, Douthat pressed, “But why can’t it transfer? You were out on the trail, and you said, ‘Vote like I’m on the ballot.'”
“It didn’t transfer,” Trump replied.
“And people didn’t?” Douthat asked. “Or did they? Did they vote because they were mad at you…”
“No, they… I think they didn’t vote, really,” Trump answered. “I think they didn’t vote. I think in some cases, they didn’t like the candidates. And that’s, you know, their prerogative.”
Elsewhere in the interview, Douthat asked Trump about his finances, noting a Forbes article that reported the president’s “net worth went up by $3 billion” since he returned to office in January 2025.
“Well, so did everyone’s,” Trump responded.
“My net worth did not go up by three billion dollars, for the record,” Douthat fired back.
“Well, you should have had stock,” Trump said before going on to say that he doesn’t focus on his finances.
“I devote almost no time to my net worth. I don’t care,” he stated. “I have a lot of money, far more than I ever thought I’d have. And, I guess it’s gone up. I don’t even know.”
“I have a son who’s a very straight, good guy. He watches over money,” the president continued, presumably talking about his eldest son, Donald Trump Jr. “I don’t even talk to him about it. He watches. He gives… I have a lot of cash. I’ve had a lot of cash, long before I came in here. I don’t take a salary, you know?”
Douthat went on to press Trump on his dealings with the cryptocurrency company World Liberty Financial, which “is also partially owned by investors connected to the government of the United Arab Emirates.”
“I think if I told you that story and it was about the Biden family, if I said Joe Biden is the part owner of a company and it has all of these investments from the Middle East, you would say, ‘That sounds corrupt,’ right?” Douthat asked.
Trump said there is a difference. “I’m gonna tell you why. Because I know nothing about it,” he stated.
You can watch the full interview in the video above and let us know your thoughts below.
60 Minutes, Season 59, Sundays, 7/6c, CBS & Paramount+
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