The latest financial disclosures made public on Saturday revealed that US President Donald Trump invested at least $82 million in corporate and municipal bonds from late August to early October. These investments included new positions in sectors that stand to benefit from his administration’s policies.
The disclosures, released by the US Office of Government Ethics, detailed over 175 financial transactions conducted by Trump between August 28 and October 2. While specific amounts for each purchase were not disclosed, the filings indicated that the total value of the bond purchases surpassed $337 million.
Most of the assets listed in the disclosures were bonds issued by municipalities, states, counties, school districts, and other entities connected to public agencies. Trump’s new bond investments covered various industries, including those already impacted or set to benefit from his administration’s policy changes, such as financial deregulation.
Among the corporate bonds acquired by Trump were offerings from companies like Broadcom, Qualcomm, Meta Platforms, Home Depot, CVS Health, Goldman Sachs, and Morgan Stanley. Notably, Trump also purchased Intel bonds following the US government’s stake acquisition in the company during his tenure.
Regarding his financial portfolio, the White House did not immediately respond to requests for comments on Saturday. It reiterated that Trump maintains mandatory disclosures about his investments, managed by a third-party financial institution without involvement from him or his family. Trump, who amassed wealth in real estate before his political career, has previously entrusted his companies to a trust overseen by his children.
Previous disclosures indicated that Trump bought over $100 million in bonds since resuming the presidency in January. His annual disclosure in June raised concerns over potential conflicts of interest, revealing over $600 million in income from cryptocurrencies, golf properties, licensing, and other ventures. This disclosure also highlighted Trump’s significant wealth growth due to his crypto investments.
In total, the June disclosure estimated Trump’s assets to be worth at least $1.6 billion, according to a Reuters calculation. The administration’s stance remains that Trump’s financial dealings are transparent and compliant with regulations, despite ongoing scrutiny over potential conflicts of interest.