Overview

• An OGE periodic report dated Aug. 12 and posted online this week lists about 690 transactions from Jan. 21 through Aug. 1, with broad value ranges that news outlets aggregated to at least roughly $100 million.
• The buys span corporate and municipal debt, including bonds from Meta, T-Mobile, The Home Depot, UnitedHealth, Qualcomm, and major banks such as Citigroup, Morgan Stanley, and Wells Fargo, alongside dozens of state and local issuers.
• Several single purchases were reported in the $500,000 to $1,000,000 range, including Qualcomm, T-Mobile, Home Depot, and UnitedHealth bonds, with at least $250,001 in Meta bonds, and no sales disclosed in the period.
• Ethics experts and critics point to potential conflicts because the holdings touch sectors influenced by federal policy, with coverage also noting intersections with Federal Reserve decisions and the nomination of Stephen Miran to the Fed board.
• A senior White House official says neither the president nor his family select the investments, which are handled by a third-party firm, and federal ethics officials have certified the report as compliant.