Trump Discloses $100M Bond Spree, Fillings Show

Benzinga

Trump disclosed a multimillion-dollar bond-buying spree since taking office, according to CNBC. He invested in debt issued by local governments, gas and water districts, hospital authorities, school boards, and major U.S. corporations, according to filings to the U.S. Office of Government Ethics dated August 12th. CNBC calculated that at least $100 million in transactions were made this year, with individual purchases ranging from local authority bonds to corporate debt from T-Mobile, UnitedHealth, Home Depot, and Meta. By law, U.S. presidents, vice presidents, and certain officials must disclose reportable transactions to the OGE, but they are not required to state exact values. Some companies whose debt Trump purchased have been directly affected by his policies or business dealings. The White House did not immediately respond to requests for comment.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Trump disclosed a multi-million dollar bond buying spree since taking office,

00:06according to CNBC. He invested in debt issued by local governments, gas and water districts,

00:13hospital authorities, school boards, and major U.S. corporations. According to filings to the

00:18U.S. Office of Government Ethics dated August 12th, CNBC calculated that at least $100 million

00:25in transactions were made this year, with individual purchases ranging from local

00:29authority bonds to corporate debt from T-Mobile, UnitedHealth, Home Depot, and Meta. By law,

00:36U.S. presidents, vice presidents, and certain officials must disclose reportable transactions

00:41to the OGE, but they are not required to state exact values. Some companies whose debt Trump

00:47purchased have been directly affected by his policies or business dealings. The White House

00:52did not immediately respond to requests for comment. For all things money, visit benzinga.com.

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