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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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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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The Authority for Government Ethics has disclosed Donald Trump's recent stock transactions. Trump has therefore also bought bonds from companies that benefit from its policies.
·Germany
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Trump buys another $82 million of corporate and municipal bonds
New disclosures show that Trump’s purchases of at least $82 million include bonds from Netflix Inc., UnitedHealth Group Inc., Boeing Co., Meta Platforms Inc., Home Depot Inc., Broadcom Inc. and Intel Corp., of which the US government acquired a stake under his administration
·India
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Total News Sources51
Leaning Left8Leaning Right9Center9Last UpdatedBias Distribution35% Center, 34% Right
Bias Distribution
- 35% of the sources are Center, 34% of the sources lean Right
35% Center
L 31%
C 35%
R 34%
Factuality
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