Trump ethics filing reveals thousands of trades tied to US corporate securities
Donald Trump disclosed a flurry of at least $220 million in financial transactions involving the securities of major U.S. companies earlier this year, according to two new financial disclosure forms released on Thursday by the U.S. Office of Government Ethics. The new reports cover the first three months of 2026 and report transaction values in broad ranges rather than exact amounts, showing a cumulative value of between $220 million and around $750 million.
The purchases included securities linked to companies such as Microsoft, Meta Platforms, Oracle, Broadcom, Bank of America, and Goldman Sachs, as well as trades in municipal bonds. Examples of large purchases, valued at between $1 million and $5 million each, included an S&P 500 Index fund, Nvidia Corp., and Apple Inc. Large sales of between $5 million and $25 million each included Microsoft, Amazon and Meta. The filing does not always make the type of security explicit, such as whether it was a stock or a corporate bond. The filings also do not make clear in what accounts the transactions took place or who placed the trades. The president's assets are held in a trust controlled by his children, while some of the transactions in the new filings indicate that a broker acted as an agent.
The White House press office referred questions to the Trump Organisation. An attorney for Trump Org did not immediately respond to a request for comment. The president's annual financial disclosure, a broader filing that includes business assets and income, such as golf resorts and crypto ventures, is expected in the coming months.
Quick Summary
Donald Trump's ethics filing reveals a substantial number of financial transactions involving securities of major U.S. companies. The reports, covering the first three months of 2026, hint at the scale of the president's financial activity - but what does it all mean?
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