United States President Donald Trump participates successful a Multilateral Meeting with European Leaders successful the East Room of the White House successful Washington, DC, US. Picture date: Monday August 18, 2025.
Aaron Schwartz - Pa Images | Pa Images | Getty Images
U.S. President Donald Trump has been connected a multimillion-dollar bond-buying spree since taking office, investing successful indebtedness issued by section authorities, state districts and large American corporations.
Across 33 pages of filings to the U.S. Office of Government Ethics (OGE), dated Aug. 12, the president outlined 690 transactions that person taken spot since helium took office. The documents were made nationalist connected Tuesday.
According to CNBC calculations, the purchases had a full worth of astatine slightest $100 million, assuming the little worth extremity listed for each disclosed transaction.
By law, the U.S. president, vice president and different prime officials indispensable periodically state "reportable transactions" to the OGE. The precise worth of these dealings does not person to beryllium reported.
The extended lists filed earlier this period amusement that, implicit the people of this year, Trump has bought bonds sold by assorted entities, including section U.S. governments, arsenic good arsenic state districts, h2o proviso districts, infirmary authorities and schoolhouse boards.
Trump besides bought indebtedness issued by an array of big-name companies. The documents constituent to purchases of betwixt $500,000 and $1,000,000 worthy of bonds issued by T-Mobile U.S., United Health and Home Depot each successful aboriginal February. Later that month, helium procured indebtedness issued by Facebook and Instagram genitor Meta, worthy betwixt $250,000 and $500,000.
The White House did not instantly respond to a CNBC petition for comment.
Companies, governments and different groups contented bonds to rise superior to transportation retired projects, substance growth, refinance existing indebtedness oregon to bolster fiscal stability. Investors who acquisition the bonds person involvement payments — either fixed oregon adaptable — implicit an agreed period, on with the instrumentality of the afloat indebtedness magnitude astatine the extremity of that period.
Some of the companies whose indebtedness is present owned by Trump person been straight impacted by his policies oregon concern dealings.
The White House person has a nett worthy of $5.5 billion, according to Forbes. In 2020 — the past twelvemonth of his archetypal statesmanlike word — Trump was worthy $2.1 billion, according to the magazine. Forbes has labeled the years betwixt his 2 presumption "the astir lucrative post-presidency successful American history" acknowledgment to a bid of ventures marketed to his supporters.
Trump's governmental rivals have antecedently accused him of assorted conflicts of involvement during his tenure arsenic president. Under national law, the president and vice president are exempt from immoderate regulation relating to conflicts of involvement among national officials — but according to non-profit watchdog CREW, each modern president anterior to Trump has opted to divest their concern interests earlier taking office.
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