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Ethics Filings Show Trump Made Thousands of Q1 Trades Worth at Least $220 Million

Sparse detail in the ethics reports fuels conflict-of-interest scrutiny.

Overview

  • The Office of Government Ethics, which released two reports Thursday, listed more than 3,600 transactions for January through March tied to securities of major U.S. companies.
  • The filings place the cumulative value between $220 million and roughly $750 million, with $1 million–$5 million buys in an S&P 500 fund, Nvidia and Apple, and $5 million–$25 million sales in Microsoft, Amazon and Meta.
  • Federal rules require reporting trades over $1,000 in wide dollar bands that exclude exact prices and profits, so the documents offer only a partial view of activity.
  • The reports do not consistently say whether each asset was a stock or bond or which accounts executed trades, noting Trump’s assets sit in a family-run trust and some entries list a broker as agent.
  • Investigative outlets are matching some trades to nearby regulatory decisions and federal contracts, drawing watchdog attention as the White House refers questions to the Trump Organization and a fuller annual disclosure is expected later this year.