An unprecedented bond binge
U.S. Office of Government Ethics (OGE) documents show that Trump began his buying spree one day after his inauguration on January 20. He made roughly 690 transactions through Aug. 1.
His purchases span a wide range of debt instruments — from bonds issued by the New York Triborough Bridge and Tunnel Authority, to those linked with hospital facilities, airports, school districts, and regional development funds nationwide.
As Reuters reports, Trump also invested heavily in corporate bonds from megabanks like Morgan Stanley, Wells Fargo, and Citigroup. He also holds significant investments in Qualcomm, T-Mobile USA, Home Depot, UnitedHealth Group, and Meta. [5]
Notably, the filings show no sales of bonds, suggesting Trump is positioning for potential price gains if market conditions shift.
This level of trading by the President raises questions about possible conflicts of interest. The administration could influence policies affecting corporations and municipalities whose debt Trump owns.
Trump has quietly bought up $100M in bonds since entering White House, report says. How to be on the 'winning' side of the president's big bet |
