U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October, financial disclosures made public on Saturday showed.
Investments include bonds from sectors benefiting from his policies.
U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October, financial disclosures made public on Saturday showed.
Investments include bonds from sectors benefiting from his policies.
How much is too much?
According to a release by the U.S. Office of Government Ethics, Donald Trump made 175 individual purchases of corporate stock between August and October 2025.
The release did not outline the value of each individual purchase, but the maximum total value of the bond purchases exceeded $337 million, according to the filings.
What did he buy?
Trump purchased stock in several industries, including sectors that are currently, or have benefited from his legislation in the past.
A slough of purchases
Donald Trump purchased offerings from several microchip manufacturers, including Qualcomm and Broadcom; retailers such as CVS Pharmacies and Home Depot, the tech company Meta, and multiple Wall Street banks, including Goldman Sachs and Morgan Stanley.
Buying debt
Trump also purchased millions of dollars ' worth of investment bank JPMorgan’s debt.
Inside Intel?
The most glaring example of corruption was Trump’s purchase of Intel stock, a company that the US government acquired a stake in under Trump’s directive.
No comment from the White House
The White House has not yet commented on the apparent corruption, and continues to claim that Trump has continued to file disclosures about his investments, but that neither he nor his family has a role in running the portfolio.
Aggressive spending
A disclosure filed in August shows that Trump’s portfolio has purchased more than $100 million in bonds since his return to the Oval Office.
$600 million in income
In his annual disclosure for the year 2024, Trump reported more than $600 million in income from cryptocurrencies, golf properties, licensing and other business ventures.
$600mn in income
In his annual disclosure for the year 2024, Trump reported more than $600 million in income from cryptocurrencies, golf properties, licensing and other business ventures.
Bitcoin billionaire
It is estimated that cryptocurrency is now the most significant source of Donald Trump’s fortune. Reuters estimates Trump’s net worth to be at least $1.6 billion.