Featured

Donald Trump has reportedly invested about $100 million in bonds, including securities issued by Netflix and Warner Bros

US President Donald Trump purchased about $100 million worth of municipal and corporate bonds between mid-November and the end of December, according to the latest financial statements released in Washington.

Donald Trump PHOTO EPA EFE

Donald Trump PHOTO EPA EFE

They include up to $2 million in bonds issued by Netflix and Warner Bros Discovery, bought just weeks after the companies announced merger plans, according to Reuters.

Financial filings released Thursday and Friday show that most of Trump's purchases have been in municipal bonds issued by cities, local school districts, utility companies and hospitals. However, he also invested in bonds of companies such as Boeing, Occidental Petroleum and General Motors.

These investments are the latest assets added to Trump's expanding portfolio during his time in the White House. The portfolio includes holdings in sectors that could benefit from his policies, raising questions about potential conflicts of interest.

For example, Trump said in December that he would have a say in whether Netflix moves forward with its proposed $83 billion acquisition of Warner Bros. Discovery, a deal that faces a competing bid from Paramount Skydance.

Any deal to take over Warner Bros will require regulatory approval.

A White House official, who spoke on condition of anonymity Friday, said Trump's stock and bond portfolio is managed independently of third-party financial institutions, and neither Trump nor any member of his family has the ability to direct, influence or make suggestions about how investments are made.

Like many other very wealthy investors, Trump is constantly buying bonds as part of his investment strategy.

Earlier, he declared at least $82 million worth of bond purchases made between late August and early October.



Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button