According to government documents, US President Donald Trump has bought bonds from companies, states and municipalities worth over $ 100 million since his took office in January. This emerges from documents from the US Authority for Government Ethics, which were published online on Tuesday. According to this, the President has done more than 600 financial transactions one day after his second inauguration. For example, Trump acquired corporate bonds from Banks Citigroup and Morgan Stanley as well as the Facebook mother Meta and the Telekom subsidiary T-Mobile US. There was initially no statement from the US Presidential Office on Wednesday.
Allegation of conflicts of interest against Trump
The participations of the Republican politician include sectors that could benefit from the course of his government such as the financial market. Trump, who worked in the real estate business before his political career, had stated that he had transferred his companies to a foundation managed by his children. However, his annual declaration of assets in June showed that income from various sources ultimately flowed to the President, which brought him the accusation of conflicts of interest.
In the explanation, which apparently referred to the calendar year 2024, Trump said income of more than $ 600 million from cryptocurrencies, golf courses and licenses. Cryptocurrencies in particular significantly increased Trump’s assets. According to a calculation of the Reuters news agency, it was at least $ 1.6 billion.
