U.S. President Donald Trump disclosed more than 690 bond transactions worth a minimum of $100 million in filings released by the Office of Government Ethics on 12 August. The documents, spanning 33 pages, detail a buying spree that began after he took office and continued through this year. The purchases include municipal debt sold by local authorities, gas and water districts, hospital authorities and school boards, as well as corporate bonds issued by major U.S. companies. In early February the president acquired between $500,000 and $1 million of debt from UnitedHealth, T-Mobile and Home Depot apiece; later that month he bought $250,000 to $500,000 of Meta Platforms bonds. Federal law requires presidents and other senior officials to report such transactions but does not mandate divestment. While presidents are largely exempt from conflict-of-interest rules that bind other officials, ethics groups note that previous occupants of the office voluntarily shed holdings that could pose potential conflicts. The White House did not comment on the disclosures.
#Trump has snapped up more than $100 million in bonds since taking office The U.S. president has purchased hundreds of bonds issued by companies, local governments and school boards.
🇺🇸 President Trump reportedly bought between $500K-$1M worth of bonds issued by United Health $UNH, T-Mobile $TMUS, and Home Depot $HD each in early February. Later that month, he procured debt issued by $META, worth between $250K and $500K - CNBC
Trump snapped up more than $100 million in bonds while in office https://t.co/1Ymq5ECIO8