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Photo: Donald Trump/X

Trump purchases over $100 million in bonds since start of second term

| @indiablooms | Aug 20, 2025, at 10:21 pm

Washington, DC: U.S. President Donald Trump has purchased more than $100 million worth of company, state, and municipal bonds since taking office in January, according to financial disclosures released this week, Reuters reported.

The filings, published online on Tuesday, reveal that the billionaire Republican president made more than 600 financial transactions since January 21, the day after his second inauguration.

The August 12 submission to the U.S. Office of Government Ethics does not provide precise figures for each purchase but instead outlines broad ranges.

Among Trump’s acquisitions are corporate bonds issued by Citigroup, Morgan Stanley, Wells Fargo, Meta, Qualcomm, The Home Depot, T-Mobile USA, and UnitedHealth Group.

His portfolio also includes a wide range of municipal and state debt, such as bonds issued by cities, counties, school districts, gas districts, and other local authorities—holdings in areas that could potentially benefit from U.S. policy moves under his administration.

Trump, who entered politics from a business background, has previously stated that he placed his companies in a trust overseen by his children.

However, his annual disclosure in June showed that income from these ventures ultimately flows back to him—fueling persistent accusations of conflicts of interest.

The White House did not immediately respond to Reuters' request for comment on Wednesday.

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