Overview
- A White House disclosure dated Jan. 14 lists 189 purchases from mid-November to late December, including two tranches each of Netflix and Discovery Communications bonds on Dec. 12 and Dec. 16 valued at $250,001 to $500,000 per tranche.
- Reuters reports the bond buys total about $100 million, while other analyses citing broad reporting ranges put the figure at least $51 million or between $53 million and $165.6 million.
- Most transactions were municipal bonds from cities, school districts, utilities and hospitals, alongside corporate debt from issuers such as Boeing, General Motors, Occidental Petroleum, SiriusXM, Macy’s and Victoria’s Secret.
- A White House official said the president’s portfolio is managed by independent financial institutions and that neither Trump nor his family directs investment decisions.
- The $83 billion Netflix–Warner Bros. Discovery deal still requires regulatory approval with the Justice Department expected to review it, and Trump has said he expects to be involved and has commented on the transaction.