Trump has bought $104 million in bonds since returning to the White House, which companies did he choose

Donald Trump has made almost 700 investment deals worth over $100 million since returning to the White House. He actively bought bonds, including municipal bonds and securities of the largest US corporations - from Citigroup and Morgan Stanley to Meta and Qualcomm. At the same time, he became the first American president in almost 50 years who did not sell assets that could potentially pose a conflict of interest.

US President Donald Trump has made 690 investment deals since returning to the White House, according to three documents dated August 19 disclosed by the US Office of Government Ethics OGA(first, second, third). The total amount of the president's acquisitions is at least $103.7 million, Bloomberg calculated.

The first purchase took place the day after Trump's inauguration. Among his purchases are securities issued by local governments, school governing boards, airport management, and corporate debt. In February, for example, Trump made deals in Qualcomm, UnitedHealth, Home Depot and T-Mobile debt securities for between $500,000 and $1 million each, and bought $250,000 to $500,000 worth of Meta securities.

The disclosure does not include exact amounts or prices - just a range (e.g., $250,000 to $500,000) - and only disclosures are required for a wide range of transactions in stocks, bonds, commodity futures and other securities, Bloomberg explained. There is no mention of any asset sales in Trump's documents.

The White House did not respond to Bloomberg's request for comment on the president's dealings.

Trump's fortune is now estimated, according to the Bloomberg Billionaires Index, at $6.4 billion. Unlike his predecessors, Trump did not sell any assets or put them into a blind trust with an independent manager: his business empire is still managed by his sons and operates in areas that overlap with presidential politics, the agency notes. For example, Trump has held meetings with CEOs of companies whose supply chains have been affected by his trade war, as well as leaders of companies in the technology sector.

Some of the companies whose debt securities Trump now owns have been directly affected by his policies, CNBC writes.

Under US law, presidents are not required to sell assets that may pose a risk of conflict of interest, but Trump's predecessors did it anyway, Bloomberg noted. Trump became the first since 1978, when the law was passed, not to do so.

In an earlier declaration for 2024, Trump also listed hundreds of bonds held in personal investment portfolios other than businesses. His assets include a Mar-a-Lago mansion in Florida, a stake in Trump Media & Technology Group and cryptocurrency projects that have added hundreds of millions to his fortune.

This article was AI-translated and verified by a human editor