The President of the United States, Donald Trump, participates in a multilateral meeting with European leaders in the East House House in Washington, DC, United States. Image date: Monday August 18, 2025.
Aaron Schwartz – PA Images | Images pa | Getty images
President Donald Trump has been on a frenzy of purchase of several million dollars since his entry into office, investing in debts issued by local authorities, gas districts and large American companies.
On 33 pages of deposits at the American Government Ethics Office (OGE), dated August 12, the president described 690 transactions that have taken place since he took office. Documents were made public on Tuesday.
According to CNBC calculations, purchases had a total value of at least $ 100 million, assuming the lower value listed for each transaction disclosed.
According to the law, the American president, the vice-president and the other selected officials must periodically declare “transactions to be declared” to the OGE. The precise value of these transactions should not be reported.
The vast lists deposited earlier this month show that, during this year, Trump bought obligations sold by various entities, including local American governments, as well as gas districts, water supply districts, hospital authorities and school boards.
Trump also bought a debt issued by a range of large companies. Documents indicate purchases between $ 500,000 and $ 1,000,000 in bonds issued by Mobile WE, United Health And Home Depot Each in early February. Later this month, he obtained debts issued by Facebook and Instagram Parent Metaof value between $ 250,000 and $ 500,000.
The White House did not immediately respond to a request for CNBC comments.
Companies, governments and other groups issue obligations to increase capital to carry out projects, fuel growth, refinance existing debt or strengthen financial stability. Investors who buy obligations receive payments of interest – fixed or variable – over a agreed period, as well as the return on the full amount of the loan at the end of this period.
Some of the companies whose debt now belongs to Trump has been directly affected by its policies or commercial transactions.
The head of the White House has a net value of $ 5.5 billion, according to Forbes. In 2020 – The last year of his first presidential term – Trump was worth $ 2.1 billion, according to the magazine. Forbes labeled the years between its two terms “the most lucrative post-president in American history” thanks to a series of companies marketed with its supporters.
Trump’s political rivals previously accused of various conflicts of interest during his mandate as president. Under the federal law, the president and the vice -president are exempt from regulations relating to conflicts of interest among federal officials – but according to the non -profit crew, each modern president before Trump chose to give in their commercial interests before taking office.
