President Donald Trump has purchased more than $100 million in bonds since beginning his second term, according to Office of Government Ethics filings released Tuesday.
The filings show Trump began buying bonds on Jan. 21, the day after his inauguration, and made nearly 700 purchases through Aug. 1. The bonds include both corporate and municipal offerings, with issuers ranging from the Triborough Bridge and Tunnel Authority and a Florida health facility to major corporations like Home Depot, UnitedHealth Group, Wells Fargo, and Qualcomm.
A senior White House official said Trump has no role in managing his investments, which are handled by a third-party institution. “Neither the president nor any member of his family had direct input into the investments,” the official said.
Purchase amounts ranged from $50,001 to $1 million. The Office of Government Ethics reviewed and certified the transactions, including Trump’s signature.
Trump has faced ongoing criticism over potential conflicts of interest, with ethics watchdogs pointing to his commercial ventures — including cryptocurrency, branded sneakers, Bibles, and fragrances — as examples of profiting from the presidency.
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