financetom
Business
financetom
/
Business
/
Trump buys more than $100 million in bonds since inauguration, disclosure shows
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump buys more than $100 million in bonds since inauguration, disclosure shows
Aug 20, 2025 1:47 PM

*

Corporate debt holdings include Citi, Wells and Meta

*

More than 600 purchases since returning to office in

January

*

Trump had no role in investment decisions, official says

(Adds comment from White House official, analyst, in paragraphs

7 and 9-10)

WASHINGTON, Aug 20 (Reuters) - U.S. President Donald

Trump has bought more than $100 million in company, state and

municipal bonds since taking office in January, according to new

disclosures which shed further light on the vast holdings of

America's billionaire president.

The forms, posted online on Tuesday, show the Republican

former real estate mogul made more than 600 financial purchases

since January 21, the day after he was inaugurated for his

second term in the White House.

The August 12 filing from the U.S. Office of Government

Ethics does not list exact amounts for each purchase, only

giving a broad range.

They include corporate bonds from Citigroup ( C/PN ), Morgan

Stanley ( MS ), and Wells Fargo ( WFC ), as well as Meta

, Qualcomm ( QCOM ), The Home Depot ( HD ), T-Mobile USA

and UnitedHealth Group ( UNH ).

Other debt purchases include various bonds issued by cities,

states, counties and school districts as well as gas districts,

and other issuers.

The holdings cover sectors that could benefit from U.S.

policy shifts under his administration, such as financial

deregulation.

A senior White House official said Trump continued to file

mandatory disclosures about his investment portfolio but that

neither he nor his family had a role in managing or selecting

the bonds, which are managed by a third-party financial

institution. Federal ethics officials certified the reports,

which are in compliance with applicable laws, according to the

official, who declined to be named.

Trump, a businessman-turned-politician, has said he has put

his companies into a trust managed by his children.

"President Trump's net worth has increased substantially,

with much of that concentrated in crypto holdings and Trump

Media ( DJT ). Given that, there is no evidence currently that his bond

purchases are anything other than a prudent diversification

within his billions of dollars in assets," said John Canavan,

lead US analyst at Oxford Economics.

"It seems like he was primarily purchasing corporate and

municipal bonds and others that are high quality and highly

rated, so it's just a way to take a little bit of risk off the

table," he said.

Trump's annual disclosure form filed in June showed his

income from various sources still ultimately accrues to the

president - something that has opened him up to accusations of

conflicts of interest.

In that disclosure, which appeared to cover the 2024

calendar year, Trump reported more than $600 million in income

from cryptocurrencies, golf properties, licensing and other

ventures. It also showed the president's push into crypto had

added substantially to his wealth.

Overall, the president reported assets worth at least $1.6

billion, according to a Reuters calculation at the time.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved