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OGE Filings Show Trump Bought Over $100 Million in Bonds Since Taking Office

New ethics filings outline hundreds of purchases, prompting renewed scrutiny of potential conflicts.

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U.S. President Donald Trump speaks to the media during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. REUTERS/Kent Nishimura/File Photo
President Donald Trump at Trump Turnberry golf club in Scotland on July 28, 2025.

Overview

  • The disclosures list about 690 transactions from Jan. 21 to Aug. 1, totaling at least $100–$103 million based on the minimum reported ranges.
  • Purchases span municipal issuers such as hospital authorities, school districts and utilities, plus corporate debt from T-Mobile, UnitedHealth, Home Depot and Meta.
  • Additional holdings include bonds from Morgan Stanley, Wells Fargo, Citigroup and Qualcomm, with several individual buys in the $500,000 to $1,000,000 range.
  • The reports provide broad dollar ranges rather than exact amounts and show no sales by the president during the period.
  • News outlets describe the activity as unprecedented for a sitting president and note potential conflicts, while the White House offered no immediate comment.