TAGS-AT E JAVËS

Rajoni dhe Bota2025-11-16 11:59:00

Trump's bonds, over 82 million dollars in just 1 month; where the US President is investing

Shkruar nga Pamfleti

Trump's bonds, over 82 million dollars in just 1 month; where the US

US President Donald Trump bought at least $82 million in corporate bonds from late August to early October, including new investments in sectors that benefit from his policies, financial statements made public on Saturday showed.

According to forms released by the U.S. Office of Government Ethics, Trump made more than 175 financial purchases from Aug. 28 to Oct. 2. The disclosures, made under a 1978 transparency law called the Ethics in Government Act, do not list the exact amounts for each purchase, but only provide a broad range.

The maximum total value of bond purchases exceeded $337 million, according to filings.

Most of the assets listed in Saturday's filings consist of bonds issued by municipalities, states, counties, school districts and other entities with ties to public agencies.

Trump's new bond investments span several industries, including sectors that have already benefited or are benefiting from his administration's policy changes, such as financial deregulation.

The corporate bonds Trump has bought include offerings from chipmakers such as Broadcom (AVGO.O) and Qualcomm (QCOM.O), technology companies such as Meta Platforms (META.O) ; retailers such as Home Depot (HD.N) and CVS Health (CVS.N) ; and Wall Street banks such as Goldman Sachs (GS.N) and Morgan Stanley (MS.N), opens a new tab.

The investment bank's debt purchases in late August included bonds from JPMorgan Chase & Co. On Friday, Trump asked the U.S. Justice Department to investigate JPMorgan Chase & Co. over its ties to the late financier and convicted sex offender Jeffrey Epstein. The bank has said it regrets its past ties to Epstein and did not help him commit "ugly acts."

Trump also bought Intel bonds.

The White House did not immediately respond to a request for comment on Saturday. The administration has previously said that Trump has continued to file required disclosures about his investments, but neither he nor his family has any role in running the portfolio, which is managed by a third-party financial institution.

Trump, who made his fortune in real estate before entering politics, has previously said he placed his companies in a foundation overseen by his children.

A declaration filed in August showed that Trump had bought more than $100 million in bonds since returning to the presidency on Jan. 20. Trump also filed his annual tax return in June, which showed that the proceeds from his various ventures ultimately go to him, raising concerns about potential conflicts of interest.

In that annual filing, which appears to cover the 2024 calendar year, Trump reported more than $600 million in income from cryptocurrencies, golf properties, licenses and other ventures. It also showed that Trump's push into cryptocurrencies had significantly increased his wealth.

Overall, the president's June statement reported assets worth at least $1.6 billion, according to a Reuters calculation at the time.

Lini një Përgjigje