Trump made more than 1,000 stock trades in June
The 34-page ethics filing lists trades in companies across major sectors, with some positions worth more than $1 million, critics said.
- On Thursday, President Donald Trump disclosed over 1,000 stock transactions made in June, including trades in energy and defense companies affected by his administration's Iran war.
- The White House maintains that Trump's portfolio is independently managed through computer-based model portfolios that replicate recognized indexes, rather than being placed in a traditional blind trust.
- Filings show trades involving major defense contractors like Lockheed Martin and energy giants such as Exxon Mobil, with some transactions exceeding more than $1 million in value during the period.
- Democrats on the Joint Economic Committee criticized the activity this week, claiming the trades added over $15 million to the president's wealth and raised potential conflict concerns.
- While presidents are generally exempt from federal conflict-of-interest laws, the White House stated, "Neither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested.
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(Washington = Yonhap News) Correspondent Park Sung-min = It has been confirmed that U.S. President Donald Trump traded Coupang stock, which is listed on the New York Stock Exchange, in June of this year as well.
Trump's Portfolio Traded Stocks as The Iran War Reshaped Markets. New Disclosure Details More Than 1,000 Transactions.
Among the most notable transactions were trades involving energy companies whose share prices can be affected by developments in the Iran war.
Trump Reports More Than 1,000 Stock Transactions In June
President Donald Trump disclosed more than 1,000 stock transactions made in June, including trades involving energy and defense companies affected by his administration’s Iran war, CNN reported Thursday. 💡The filing to the Office of Government Ethics showed purchases and sales involving Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Occidental Petroleum. Trump also traded shares of major defense contractors, including Lockheed Martin, …
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