(US, 16th) Financial disclosure documents show that US President Trump purchased at least $82 million in corporate and municipal bonds from late August to early October, including new investments in industries benefiting from his policies.
According to a Reuters report, documents released by the US Office of Government Ethics on Saturday (November 15) show that Trump carried out more than 175 financial transactions between August 28 and October 2. The bonds he purchased mainly included municipal bonds, state government bonds, county government bonds, school district bonds, and other bonds related to public institutions.
The documents do not specify the exact amount of each transaction, only providing broad ranges, indicating that the maximum total value of the bonds purchased exceeds $337 million.
Trump's new bond investments span multiple sectors, including areas that have already benefited from or are currently benefiting from his administration's policy changes (such as deregulation in the financial sector).
The corporate bonds he purchased cover a number of companies, including chip manufacturers Broadcom and Qualcomm, tech company Meta Platforms, retailers Home Depot and CVS Health, as well as Wall Street banks such as Goldman Sachs and Morgan Stanley. At the end of August, he also bought bonds from investment banks such as JPMorgan Chase.
On Friday (the 14th), Trump requested the US Department of Justice investigate the ties between JPMorgan Chase and the deceased sex offender and tycoon Jeffrey Epstein. JPMorgan Chase has stated that it did not assist Epstein in carrying out 'heinous acts.'
The White House has yet to respond to this series of new investments by Trump. The administration previously stated that Trump continues to submit mandatory investment disclosure documents, but neither he nor his family is involved in managing the portfolio, which is operated by third-party financial institutions.
Before entering politics, Trump amassed his fortune through the real estate industry. He has stated that company assets have been transferred to a trust managed by his daughter and son.
Disclosure documents submitted in August show that since starting his second presidential term on January 20, Trump has purchased over $100 million in bonds.
The annual disclosure submitted by Trump in June shows that the income from various commercial projects ultimately still belongs to him personally, raising concerns over potential conflicts of interest.
The annual filing indicated that Trump earned over $600 million from cryptocurrency, golf properties, franchises, and other businesses. The document also notes that his foray into the cryptocurrency sector has significantly increased his personal wealth.
According to Reuters’ calculations at the time, Trump’s total declared assets in the June filing amounted to at least $1.6 billion.
The documents do not specify the exact amount of each transaction, only providing broad ranges, indicating that the maximum total value of the bonds purchased exceeds $337 million.
Trump's new bond investments span multiple sectors, including areas that have already benefited from or are currently benefiting from his administration's policy changes (such as deregulation in the financial sector).
The corporate bonds he purchased cover a number of companies, including chip manufacturers Broadcom and Qualcomm, tech company Meta Platforms, retailers Home Depot and CVS Health, as well as Wall Street banks such as Goldman Sachs and Morgan Stanley. At the end of August, he also bought bonds from investment banks such as JPMorgan Chase.
On Friday (the 14th), Trump requested the US Department of Justice investigate the ties between JPMorgan Chase and the deceased sex offender and tycoon Jeffrey Epstein. JPMorgan Chase has stated that it did not assist Epstein in carrying out 'heinous acts.'
The White House has yet to respond to this series of new investments by Trump. The administration previously stated that Trump continues to submit mandatory investment disclosure documents, but neither he nor his family is involved in managing the portfolio, which is operated by third-party financial institutions.
Before entering politics, Trump amassed his fortune through the real estate industry. He has stated that company assets have been transferred to a trust managed by his daughter and son.
Disclosure documents submitted in August show that since starting his second presidential term on January 20, Trump has purchased over $100 million in bonds.
The annual disclosure submitted by Trump in June shows that the income from various commercial projects ultimately still belongs to him personally, raising concerns over potential conflicts of interest.
The annual filing indicated that Trump earned over $600 million from cryptocurrency, golf properties, franchises, and other businesses. The document also notes that his foray into the cryptocurrency sector has significantly increased his personal wealth.
According to Reuters’ calculations at the time, Trump’s total declared assets in the June filing amounted to at least $1.6 billion.