Trump buys more than $100 million in bonds in office, disclosure shows
U.S. President Donald Trump has disclosed purchasing over $100 million in bonds since taking office, including corporate bonds from major companies like Citigroup and Wells Fargo. The disclosure, filed with the U.S. Office of Government Ethics, reveals more than 600 financial transactions since his inauguration. The bonds cover various sectors that may benefit from policy changes under his administration. Trump's financial dealings have raised concerns about potential conflicts of interest, as his income continues to be linked to his business ventures.
WASHINGTON, Aug 20 (Reuters) - U.S. President Donald Trump has bought more than $100 million in company, state and municipal bonds since taking office in January, his disclosures showed this week.
The forms, posted online on Tuesday, show the billionaire Republican president made more than 600 financial purchases since January 21, the day after he was inaugurated for his second term in the White House.
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.
They include corporate bonds from Citigroup (C.N) , Morgan Stanley (MS.N) , and Wells Fargo (WFC.N) , as well as Meta (META.O) , Qualcomm (QCOM.O) , The Home Depot (HD.N) , T-Mobile USA (TMUS.O) and UnitedHealth Group (UNH.N) .
Other debt purchases include various bonds issued by cities, states, counties and school districts as well as gas districts, and other issuers.
The holdings cover areas that could benefit from U.S. policy shifts under his administration.
Trump, a businessman-turned-politician, has said he has put his companies into a trust managed by his children. His annual disclosure form filed in June showed his income from various sources still ultimately accrues to the president - something that has opened him to accusations of conflicts of interest.
The White House on Wednesday did not immediately respond to a request for comment.
