President Trump Recently Expanded His Portfolio with Acquisitions in Equities and Other Assets
President Donald Trump’s new filings submitted to the U.S. Office of Government Ethics (OGE) and made public on Tuesday, August 19, revealed 690 transactions conducted since he took office, worth at least $100 million in total.
The documents reveal that the president has been actively buying bonds since his inauguration, both municipal and corporate ones. Trump’s net worth is currently somewhere between $5.5 billion and $6.5 billion, up from $2.1 billion in 2020, the final year of his first term.
Receive Signals on US Congress Members’ Stock Trades
Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.
[if BLOCK]>
Most notably, Trump’s portfolio now includes at least $100,000 in each of the major U.S. banks, namely Morgan Stanley (NYSE:MS), Wells Fargo (NASDAQ:WFC), and Citigroup (NASDAQ:C). The timing of those banking investments coincides with Trump’s consideration of a successor to Federal Reserve Chair Jerome Powell, as well as his nomination of aide Stephen Miran to the Fed’s board.
Receive Signals on SEC-verified Insider Stock Trades
Stocks This signal is triggered upon the reporting of the trade to the Securities and Exchange Commission (SEC).
[if BLOCK]>
Trump also disclosed at least $500,000 in bonds, each from Qualcomm (NASDAQ:QCOM), T-Mobile (NASDAQ:TMUS), Home Depot (NASDAQ:HM), and UnitedHealth (NASDAQ: UNH), along with more than $250,000 in debt from Meta (NASDAQ:META). Beyond corporate debt, the president holds hundreds of municipal bonds that many now speculate will allow him to benefit even further as his administration is known to wield significant power over the flow of federal funds to local governments. In fact, a large number of his holdings point to sectors under strong influence from his federal policy and regulatory decisions, especially tariffs, which were felt strongly by the technology sector.
Featured image via Shutterstock
https://shorturl.fm/EMjKw
https://shorturl.fm/axOhy
https://shorturl.fm/mPKgu
https://shorturl.fm/9tZNd
https://shorturl.fm/MXiRp
https://shorturl.fm/fcdDU
https://shorturl.fm/VlYLy
https://shorturl.fm/WkxcG
https://shorturl.fm/1nmxQ
https://shorturl.fm/P7rzG
https://shorturl.fm/LUmXY
https://shorturl.fm/DGXdO
https://shorturl.fm/lyCTM
https://shorturl.fm/ue4FD
https://shorturl.fm/mA1dt
https://shorturl.fm/ERAfC
https://shorturl.fm/ATulQ
https://shorturl.fm/vR94G
https://shorturl.fm/0BsJK
https://shorturl.fm/O3wnn
https://shorturl.fm/BAdIH
https://shorturl.fm/icSeN