Trump Buys At Least $82 Million In Bonds Since Late August, Disclosures Show
The U.S. President, Donald Trump, has made significant investments in corporate and municipal bonds totaling at least $82 million from late August to early October, according to financial disclosures released on Saturday. These investments span various industries, including sectors that have benefited from Trump’s administration policies such as financial deregulation.
The disclosed forms show that Trump conducted over 175 financial purchases during this period, with the total value of bond purchases exceeding $337 million. Most of the assets listed consist of bonds issued by public agencies like municipalities, states, and school districts.
Some of the notable corporate bonds acquired by Trump include offerings from companies like Broadcom, Qualcomm, Meta Platforms, Home Depot, CVS Health, Goldman Sachs, and Morgan Stanley. Trump also purchased Intel bonds after the U.S. government acquired a stake in the company under his direction.
It is important to note that Trump’s investments are managed by a third-party financial institution, and he has distanced himself and his family from the day-to-day management. The White House did not immediately respond to requests for comments regarding these investments.
In previous disclosures, Trump reported significant income from various ventures, including cryptocurrencies, golf properties, and licensing deals. His push into the cryptocurrency market has notably increased his wealth. Overall, Trump’s assets were reported to be worth at least $1.6 billion in his June disclosure.
The Trump administration’s financial dealings continue to draw scrutiny, with ongoing concerns about potential conflicts of interest. Despite these challenges, Trump remains an influential figure in the business and political landscape.
(Reporting by Nandita Bose in Washington; Editing by Sergio Non and Will Dunham)
