U.S. President Donald Trump has purchased over $100 million in company, state, and municipal bonds since taking office in January. The forms, posted online, show he made over 600 financial purchases, including corporate bonds from Citigroup, Morgan Stanley, and more.
The August 12 filing from the U.S. Office of Government Ethics does not list exact amounts for each purchase, only giving a broad range. The holdings cover sectors that could benefit from U.S. policy shifts under his administration, such as financial deregulation.
A senior White House official stated that Trump continues to file mandatory disclosures about his investment portfolio, managed by a third-party financial institution. Trump has put his companies into a trust managed by his children, as stated by the official.
Trump’s annual disclosure form in June showed over $600 million in income from cryptocurrencies, golf properties, licensing, and other ventures. It also highlighted the president’s push into crypto had substantially added to his wealth. Accusations of conflicts of interest have arisen due to this.
Read more at Yahoo Finance: Trump buys more than $100 million in bonds since inauguration, disclosure shows
