BREAKING: Former President Donald Trump declares he receives 'no credit' for his unprecedented financial sacrifice, revealing he has waived his entire $400,000 annual presidential salary—totaling $1.6 million over one term. In a press statement, Trump emphasized this represents 'millions of dollars' forfeited, claiming he stands alone among modern presidents in refusing compensation while in office, despite predecessors like Biden and Obama collecting full salaries during their tenures.

Is Trump the Only President to Take a $0 Salary?

The New York Times reported that both John F. Kennedy and Herbert Hoover worked for free as presidents indirectly. Both the leaders donated their entire salaries to charity, as they were among the wealthiest to serve in the White House. Also, leading economist and gold proponent Peter Schiff said that Trump is making more money as President by taking a $0 salary.

said Schiff.he said. However, Schiff did not specifically explain what he meant by “exploiting his power,” as the President of the US.