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Trump’s Q1 Filings Show About 3,700 Trades, Up to $750 Million

Unusual trading volume has sharpened ethics questions over policy overlaps.

Overview

  • The Office of Government Ethics disclosures, filed Thursday, list 3,642 transactions in January–March with reported ranges totaling $220 million to $750 million on Form 278-T.
  • The reports show multiple purchases of crypto-linked stocks such as Coinbase, MARA Holdings, and Strategy, alongside large-cap tech trades in Nvidia, Palantir, Microsoft, and others.
  • Ethics critics flagged timing overlaps, noting Nvidia buys before U.S. clearance of some chip sales to Chinese firms and Palantir purchases before public praise, though no federal probe has been announced.
  • The White House and Eric Trump say assets sit in a family trust and are handled by independent institutions using automated processes, and the filings note some trades were executed by brokers.
  • The filings were late with $200 fees paid, the annual disclosure deadline was extended to June 29, 2026, market pros called the volume hedge-fund-like, and a Washington Post review found officials disclosed at least $193 million in crypto-related holdings including at least $51 million tied to Trump.