United States President Donald Trump bought at least US$82 million in corporate and municipal bonds from August to October, including companies heavily impacted by his administration’s policies.
Trump purchased bonds from companies like Netflix, Boeing, Meta, and Intel through more than 175 transactions, according to disclosure forms from the Office of Government Ethics. The filings do not list exact amounts for each purchase, and their maximum total value would be roughly $337 million.
According to the filings, Trump bought between $1 million and $5 million in Intel bonds in August. The U.S. government took a 10% stake in Intel just one week earlier.
Trump’s largest purchases from August to October also include Comcast, having bought between $1 million and $5 million in bonds. The Federal Communications Commission is currently investigating the company’s relationships with local NBC TV affiliates, following social media posts from Trump accusing NBC of anti-Republican bias.
Other major purchases included Meta, Broadcom, SiriusXM, artificial intelligence infrastructure provider CoreWeave, and First Horizon Bank. Trump did not report any bond sales.
He also purchased municipal bonds from local U.S. cities, school districts, and utility providers during the period.
Trump bought at least $100 million in bonds from January to August, having made over 600 purchases the day after being inaugurated as president.
Unlike prior presidents, Trump did not divest from his business interests upon taking office, with his assets instead being managed by his eldest sons.
