Trump’s March Finances Reveal $51M+ in Bond Purchases
U.S. President Donald Trump conducted 175 financial transactions in March, including bond purchases totaling at least $51 million, according to disclosures released by the U.S. Office of Government Ethics. The forms show ranges of values for each transaction; the combined maximum value of all bond purchases is approximately $161 million.
Key Details
- Most assets disclosed were municipal bonds issued by states, counties, school districts, and other government-related entities.
- His 26 largest transactions, each in the $1 million to $5 million range, were mainly municipal bonds or U.S. Treasuries.
- Two of the large transactions were purchases of corporate offerings from Weyerhaeuser and General Motors.
- He also invested in an exchange-traded fund tracking a high-yield bond index.
The portfolio leaned heavily toward government-backed debt, but corporate bonds were also purchased across energy, technology, healthcare, and financial services.
Issuers in those sectors included Constellation Energy, Occidental Petroleum, Broadcom, Nvidia, Meta Platforms, Microsoft, Citigroup, Goldman Sachs, JPMorgan Chase, and Boeing.