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Karoline Leavitt: “The President did signal his support for a diminimous…”

Featuring: Karoline Leavitt, Republican | White House Press Secretary | National

Karoline Leavitt Discusses President Trump's Policies and International Relations

Published July 18, 2025 | Video Starts at 10:05

He Talked about a $600 de minimis tax exemption for bitcoin and other crypto spending. So I was just wondering if you could comment on those. Sure. Well, The President did signal his support for a diminimous exemption for crypto, and the administration continues to be in support of that. We are definitely receptive to it to make crypto payments easier and more efficient for those who seek to use crypto as simple as buying a cup of coffee. (10:05–10:13)

CLAIM

Asserts that President Trump supports a de minimis exemption for cryptocurrency.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Karoline Leavitt

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“Core inflation has tracked at just 2.1% overall since President Trump took office.”
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“Customs and tariff revenue has already totaled more than $113 billion since President Trump entered office.”
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“Stanford Medicine ended sex change surgeries for minors.”
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“Following President Trump's bold executive actions, the largest provider of these barbaric practices will now be closing its doors.”
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“Democrats had control of this building, the White House for four years, and they didn't do a dang thing when it came to transparency in…”
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“It was this president who directed the Department of Justice and the attorney General to do an exhaustive review of all files related to…”
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“In 2018, that same CEO that you're talking about called the president in the Oval office who nearly 80 million Americans elected. She called…”
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“These are partisan left wing outlets that are funded by the taxpayers and this administration does not believe it's a good use of the…”
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