President Donald Trump has continued to make large fixed-income purchases this autumn, adding at least $82 million in municipal and corporate bonds, according to newly released ethics disclosures.
Info via a Bloomberg report.
The filings, posted by the US Office of Government Ethics after the government shutdown ended, show Trump bought debt issued by major corporates including Netflix, Boeing, Meta, UnitedHealth, Home Depot, Broadcom and Intel. Some of these firms have been directly affected by his administration’s policy decisions, including Intel, in which the government recently took an almost 10% stake.
Trump also accumulated municipal debt from cities, school districts, utilities and hospitals across the US. The disclosures, dated Oct. 17 and Oct. 20, report transactions only in broad dollar ranges, as required for federal officials. Trump did not report any asset sales.
Trump’s approach remains a marked departure from predecessors, who typically divested or transferred assets into blind trusts.
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While the disclosures don’t shift policy, they renew scrutiny over potential conflicts and may add noise around companies like Intel, where government involvement intersects with market pricing and industrial policy.
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From the weekend, more of this sort of thing ….
This article was written by Eamonn Sheridan at investinglive.com.
