Trump Municipal Bond Portfolio Approaching $1 Billion

Trump municipal bond portfolio approaching $1 billion

The president's accounts have made more than 1,000 bond purchases from local governments, hospitals, and utilities — many directly touched by his administration's decisions

Trump Municipal Bond Portfolio Valued at Up to $1 Billion

“President Trump’s municipal bond portfolio has grown to more than roughly 1,000 positions worth between $300 million and $1 billion,” CNBC reports. “Some bonds are tied to cities, hospitals, schools, utilities and facilities affected by Trump administration policies, including coal plants granted pollution-rule exemptions, hospitals exposed to Medicaid changes and governments facing federal funding restrictions.”

Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount

President Donald Trump disclosed municipal bond holdings worth $300 million to $1 billion, including debt tied to issuers affected by federal policy.