Johann Wilfred
Key disclosures with the U.S. Office of Government Ethics, dated August 12th, showed that U.S. President Donald Trump has acquired a little over $100 million in bonds from various corporations and government entities, as per documentation made public on Tuesday and provided in a CNBC report.
Since the beginning of his second term, Trump has embarked on a buying spree, with 690 transactions showing investing activity. The exact amount of these purchases has not been revealed yet, but calculations estimate it to be $100 million.
Various critics and politicians have noted Trump’s heavy investments in various business ventures and companies since the beginning of his presidency in January.
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Trump’s investments have been focused on both the public sector and the private sector, with bonds bought in gas districts, water supply districts, and others. The filings also show Trump bought corporate bonds from T-Mobile, UnitedHealth, Home Depot, and Meta.
Also read: Trump to sign order opening way for alternative assets in 401(k)s, official says
Trump also has a sizeable commitment to the digital assets sector, with Trump Media and Technology disclosing a bitcoin treasury two weeks ago, which was valued at $2 billion.
