reuters.com - Trump buys least million bonds since late august disclosures show

A disclosure filed in August indicated that Trump had purchased more than $100 million in bonds since returning to the presidency on January 20. Trump also submitted his annual disclosure form in June, which indicated that income from his various ventures still ultimately goes to him, raising concerns of potential conflicts of interest.

In that annual 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 Trump's push into crypto had added substantially to his wealth.

The maximum total value of the bond purchases exceeded $337 million, according to the filings.
Most of the assets listed in Saturday's disclosures consist of bonds issued by municipalities, states, counties, school districts and other entities with ties to public agencies.

Trump's new bond investments also span several industries, including sectors that have already benefited, or are benefiting from his administration's policy changes such as financial deregulation.

Corporate bonds acquired by Trump include offerings from chipmakers such as Broadcom (AVGO.O), and Qualcomm (QCOM.O), tech companies such as Meta Platforms (META.O), retailers such as Home Depot (HD.N) and CVS Health (CVS.N) and Wall Street banks such as Goldman Sachs (GS.N) and Morgan Stanley (MS.N).

Trump also acquired Intel (INTC.O) bonds after the U.S. government, under Trump's direction, acquired a stake in the company.

The White House did not immediately respond to a request for comment on Saturday. The administration has said before that Trump has continued to file mandatory disclosures about his investments but that neither he nor his family has a role in running the portfolio, which is managed by a third-party financial institution.

Jeff