US President Donald Trump has made many decisions in recent months Bond purchased by companies that benefit from its policies. From late August to early October, his investments in corporate and municipal bonds totaled at least $82 million. This is based on financial documents released by the US Office of Government Ethics on Saturday. The maximum total value of bond purchases exceeds $337 million, according to the filing.
Corporate bonds purchased by Trump include chipmakers such as Broadcom and Qualcomm, as well as technology companies such as Meta and Wall Street banks Goldman Sachs and Morgan Stanley. Trump also bought bonds from Intel after the US government acquired shares in the company under his leadership.
Trump buys shares of struggling chipmaker Intel
The investment bank’s purchase of debt securities at the end of August also included bonds from investment bank JP Morgan. On Friday, Trump asked the US Department of Justice to investigate the bank over its ties to the late financier and convicted sex offender Jeffrey Epstein.
The White House did not immediately respond to a request for comment. The government previously said that although Trump continues to make required disclosures about his investments, neither he nor his family play a role in managing his portfolio. It is managed by an external financial institution.
The bond purchase worth more than $100 million was disclosed in August
It was revealed in August that Trump had purchased at least $103 million in corporate, state and local government bonds since taking office in January.
Office of Government Ethics documents at the time showed that Trump began buying bonds the day after he was inaugurated on Jan. 20 and has made more than 600 financial transactions since then. Among other things, he acquired corporate bonds from large banks Morgan StanleyWells Fargo and Citigroup are each worth at least $100,000.
Trump also invested at least $500,000 each in chipmaker Qualcomm and Telecom subsidiary T-Mobile USA. The documents also show that Trump purchased bonds worth at least $250,001 from Facebook’s parent company, Meta. Meta CEO Mark Zuckerberg previously attended Trump’s inauguration and donated $1 million to the event.
However, a bond filing released in August did not list the exact amount of the purchases, giving only a rough range in US dollars for each transaction. The document also does not contain information about Trump’s sales.
Apart from Trump himself, members of his family have also been involved in many transactions in recent months, sometimes related to the activities of the US President’s administration.
