Trump purchased $100M+ in bonds since January, filings show
Share and Follow


President Trump purchased over $100 million worth of bonds since he took office for his second term in January, according to Office of Government Ethics filings.

The filings, released on Tuesday night, showed that the president began purchasing on Jan. 21, the day after the inauguration, and purchased over 30 more corporate and municipal bonds in that month. Through Aug. 1, he made nearly 700 bond purchases.

The filing is a periodic report released after the Office of Government Ethics reviewed the transactions and certified them as in compliance, including getting Trump’s signature, according to a senior White House official. The official said that the president has no role in managing his investments, and they are managed by a third-party financial institution.

The official added that neither Trump nor any member of family had direct input into the investments and all decisions are made by independent management.

The bonds Trump purchased, according to the filings, was sold by entities like Triborough Bridge and Tunnel Authority, a health facility in Alachua County, Fla., a Michigan public power agency and a Johnson County, Kan., park and recreation office.

Bonds were also purchased from some major companies, including Home Depot, T-Mobile USA, UnitedHealth Group, Wells Fargo, Morgan Stanley and Qualcomm.

The filing does not give a specific amount of each purchase, but the lowest range from $50,001 to $100,000 and the largest range from $500,001 to $1 million.

Trump has been criticized for mingling politics with his business interests throughout his second term, with ethics watchdogs and Democrats accusing him of profiting off of the presidency through ventures like the launch of a cryptocurrency, Trump-branded sneakers and Bibles and a line of fragrances.

Share and Follow
You May Also Like
Supreme Court takes up Republican attack on Voting Rights Act in case over Black representation

Supreme Court takes up Republican attack on Voting Rights Act in case over Black representation

WASHINGTON (AP) — A Republican attack on a core provision of the…
How average are YOU? The typical American's life laid bare by stats

Discover Where You Stand: Unveiling the True Average American Lifestyle Through Eye-Opening Statistics

It’s 7.20am – time for you, the average American adult, to wake…
Assault on Columbus statues sparked Italian-American groups to band together and fight back: community leader

Assault on Columbus statues sparked Italian-American groups to band together and fight back: community leader

NEWYou can now listen to Fox News articles! Five years after statues…
Steve Bannon blasts Trump's shock new military move

Steve Bannon Criticizes Trump’s Controversial Military Decision: What It Means for America’s Future

Steve Bannon has slammed Donald Trump’s decision to allow a Qatari military facility…
Goldie Hawn pays tribute to Diane Keaton after her death

Goldie Hawn Honors the Late Diane Keaton with Heartfelt Tribute

Elise is bidding farewell to Annie. Goldie Hawn penned an emotional tribute…
Wildhaven defines glamping - ABC7 Los Angeles

Wildhaven defines glamping – ABC7 Los Angeles

MARIPOSA, Calif. — Welcome to the great outdoors with a comfortable twist.…
Israeli hostages meet with Israeli army after release

Israeli hostages meet with Israeli army after release

IE 11 is not supported. For an optimal experience visit our site…
Greene's deepening split with GOP leaves Republicans exasperated

Greene's deepening split with GOP leaves Republicans exasperated

Rep. Marjorie Taylor Greene (R-Ga.) insists she hasn’t changed, but the conservative…