Trump’s financial disclosures show the purchase of corporate bonds from Citigroup, Morgan Stanley, Wells Fargo, Meta, Qualcomm, T-Mobile USA and Home Depot.
Do talented Qatari planes violate the emoluments clause?
This president’s family and friends live it in highly suspicious and possibly illegal behaviour.
WASHINGTON – Since taking office in January, President Donald Trump has purchased more than $100 million worth of corporate, state and city bonds since taking office in January, according to government disclosures about billionaires holdings.
The form was submitted to the U.S. Government Ethics Office on August 12th and posted online on August 19th. The documents show that the Republican real estate mogul, which has been held by the Republican real estate mogul, has been purchased since January 21, when he began his second term in the White House.
The form details the types of bonds Trump has purchased, most of which paid interest between 4% and 5%. However, the value of each investment was only listed in a wide range, such as $100,000-$250,000.
Holdings spans industries that can benefit from changes in management policy, such as financial services and technology.
Corporate bonds included financial companies such as Citigroup, Morgan Stanley and Wells Fargo. Others include high-tech companies such as Meta, Qualcomm, and T-Mobile USA, as well as Home Depot and UnitedHealth Group.
Government bonds ranged from Municipal Schools in Wycliffe, Ohio to West Virginia highways. The investment was not partisan, at least $500,000 went to Illinois bonds. Trump has repeatedly invested in the gas districts of Alabama and Nebraska.
Trump and his family are not involved in directing or affecting what to buy and sell, a decision by a third-party investment manager. The Government Ethics Bureau has found the report compliant with legal requirements, the source said.
Trump’s annual disclosure form filed in June showed that his revenue from various sources was still arising from the president – something that opened him to accusations of conflict of interest.
As a businessman-turned-politician, Trump said he placed the company in his name in the trust that his children manage.
In its disclosure in 2024, Trump reported more than $600 million in revenue from cryptocurrencies, golf properties, licensing and other ventures. He also showed how the president pushed, saying that the president has added a significant amount of his wealth.
Overall, the president reported assets worth at least $1.6 billion, according to Reuters calculations at the time.
This story has been updated to add new information.
Contribution: Reuters