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Trump Bought $82M in Corporate Bonds as Conflicts Mount
- On Nov 15, federal ethics filings showed President Donald Trump bought no less than $82 million in corporate and municipal bonds between late August through early October, with disclosures dated Oct. 17 and Oct. 20 detailing the activity.
- The filings show a heavy tilt toward municipal debt as officials say independent managers run the portfolio, while President Donald Trump did not use a blind trust.
- Notably, the disclosures show Intel bonds were acquired shortly after the US government, under Trump's leadership, took a stake in the company, along with JPMorgan bonds in late August, before he asked the Justice Department to investigate the bank.
- The timing has prompted renewed scrutiny of conflicts as annual disclosure filings show income from President Donald Trump's ventures still flows back to him, while the White House did not immediately respond to requests for comment on Saturday.
- Filings suggest the total value could exceed $337 million, with earlier disclosures showing more than $100 million in prior bond purchases since Jan 20 and Reuters placing total assets at $1.6 billion.
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Washington. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October, which include new investments in sectors that benefit from his policies, according to financial statements released on Saturday.
·Mexico
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The US president has purchased millions of dollars worth of securities in companies that stand to benefit from his policies.
·Denmark
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Coverage Details
Total News Sources56
Leaning Left10Leaning Right9Center11Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
37% Center
L 33%
C 37%
R 30%
Factuality
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