A newly released financial disclosure shows U.S. President Donald Trump has purchased at least $103 million in corporate, state and municipal bonds since returning to the White House in January. The 33-page filing with the U.S. Office of Government Ethics, dated Aug. 12 and made public on Tuesday, details about 690 transactions carried out between Jan. 21—the day after his inauguration—and Aug. 1. The portfolio ranges from $500,000 to $1 million each in bonds issued by UnitedHealth Group, T-Mobile USA and Home Depot, and at least $250,000 of Meta Platforms debt. Additional purchases include securities from Citigroup, Morgan Stanley and Wells Fargo, alongside hundreds of bonds sold by cities, counties, school districts and other public authorities across the country. The active trading, unusual for a sitting president, has renewed scrutiny over potential conflicts of interest because many issuers could be affected by administration policies such as financial deregulation and federal funding decisions. A White House official said the investments are managed independently of Trump. The filing was submitted after the 45-day reporting window, prompting a late fee, according to the disclosure.
"Trump’s ownership in hundreds of municipal bonds puts him in line to benefit when those municipal entities pay back the debt and comes at a time when the administration has been tightly controlling the distribution of funds from the federal govt..." #muniland. Note to @NBCNews https://t.co/6x2WLxREW6
President Trump declares over $100 Million in bond purchases since Inauguration Day. It is indicated he was charged a late fee for filing after the 45 days required. https://t.co/AGz5eXuoTu
President Trump has purchased at least $103 million worth of corporate and municipal bonds since taking office in January, according to new filings from the Office of Government Ethics. https://t.co/mAXBPh2swv