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
Blake Lively claims $161 million in damages due to ‘It Ends With Us’ smear campaign

Blake Lively Seeks $161 Million in Damages Over Alleged ‘It Ends With Us’ Defamation Campaign

Blake Lively has revealed that she incurred a massive financial loss of…
Suspected New Jersey jihadi fantasized about killing Jews with swords in alleged ISIS plot: feds

New Jersey Man Allegedly Plotted ISIS Attack, Dreamed of Using Swords Against Jewish Community: Federal Authorities Report

Federal authorities have revealed that a 21-year-old individual from New Jersey transitioned…
Princesses Beatrice and Eugenie share an emotional hug

Heartfelt Moment: Princesses Beatrice and Eugenie Embrace in Touching Reunion

Princess Beatrice and Princess Eugenie were recently seen sharing a heartfelt embrace,…
Star of David erased in shocking attack on Hamas victims memorial of Jewish mother, 2 young sons

Vandalism Strikes Memorial: Star of David Removed from Tribute to Jewish Mother and Sons Killed by Hamas

In Milan, Italy, a mural dedicated to Shiri Bibas and her two…
Illinois mom allegedly had teen’s baby after chaperoning school dance

Illinois Mother Faces Shocking Allegations of Having Teen’s Baby Following School Dance

Editor’s Note: This article discusses sensitive topics of child abuse that may…
Rarely-seen country icon steps out to support his nepo baby daughter

Legendary Country Star Makes Surprise Appearance to Support Rising Star Daughter

Country music legend Tim McGraw made a rare public appearance alongside his…
Suspicious package sickens several at Joint Base Andrews, home to Air Force One

Unraveling the Mystery: Suspicious Package Sparks Health Concerns at Joint Base Andrews

Several U.S. servicemembers at Joint Base Andrews encountered a suspicious package on…
Prince Harry dines with veterans on his pseudo-royal tour of Canada

Prince Harry Honors Veterans with Heartfelt Dinner on Canadian Tour

Prince Harry’s unofficial royal tour of Canada continued with a dazzling veterans’…