U.S. President Donald Trump speaks in regards to the U.S. authorities shutdown, in the course of the swearing-in ceremony for Sergio Gor as U.S. Ambassador to India, on the White Home in Washington, D.C., U.S., Nov. 10, 2025.
Kevin Lamarque | Reuters
U.S. President Donald Trump purchased at the very least $82 million in company and municipal bonds from late August to early October together with new investments in sectors benefiting from his insurance policies, monetary disclosures made public on Saturday confirmed.
In line with the types launched by the U.S. Workplace of Authorities Ethics, Trump carried out greater than 175 monetary purchases from Aug. 28 by Oct. 2. The disclosures, made beneath a 1978 transparency legislation referred to as the Ethics in Authorities Act, don’t listing precise quantities for every buy, solely offering a broad vary.
The utmost complete worth of the bond purchases exceeded $337 million, in line with the filings.
A lot of the belongings listed in Saturday’s disclosures include bonds issued by municipalities, states, counties, faculty districts and different entities with ties to public companies.
Trump’s new bond investments span a number of industries, together with sectors which have already benefited, or are benefiting, from his administration’s coverage modifications reminiscent of monetary deregulation.
Company bonds acquired by Trump embody choices from chipmakers reminiscent of Broadcom and Qualcomm; tech firms reminiscent of Meta Platforms; retailers reminiscent of Residence Depot and CVS Well being; and Wall Avenue banks reminiscent of Goldman Sachs and Morgan Stanley. Purchases of the debt of funding banks in late August included bonds of JPMorgan.
On Friday, Trump requested the U.S. Justice Division to examine JP Morgan over its ties to the late financier and convicted intercourse offender Jeffrey Epstein. The financial institution has stated it regrets its previous ties with Epstein and didn’t assist him commit “heinous acts.”
Trump additionally acquired Intel bonds after the U.S. authorities, beneath Trump’s path, acquired a stake within the firm.
The White Home didn’t instantly reply to a request for touch upon Saturday. The administration has stated earlier than that Trump has continued to file necessary disclosures about his investments however that neither he nor his household has a task in working the portfolio, which is managed by a third-party monetary establishment.
Trump, who turned rich in the actual property sector earlier than coming into politics, has beforehand stated that he positioned his firms right into a belief overseen by his kids.
A disclosure filed in August indicated that Trump had bought greater than $100 million in bonds since returning to the presidency on Jan. 20. Trump additionally submitted his annual disclosure type in June, which indicated that earnings from his varied ventures nonetheless in the end goes to him, elevating considerations of potential conflicts of curiosity.
In that annual disclosure, which appeared to cowl the 2024 calendar yr, Trump reported greater than $600 million in earnings from cryptocurrencies, golf properties, licensing and different ventures. It additionally confirmed Trump’s push into crypto had added considerably to his wealth.
Total, the president’s June disclosure reported belongings value at the very least $1.6 billion, in line with a Reuters calculation on the time.