Trump bought more than $100 million in bonds since January, filings show

Source: NBC News

Aug. 20, 2025, 9:01 AM EDT


President Donald Trump has purchased at least $103 million worth of corporate and municipal bonds since taking office in January, according to new filings from the Office of Government Ethics.

The documents, released late Tuesday night, show that Trump began the bond-buying spree one day after being sworn in on Jan. 20 and include debt sold by companies, local governments and entities that could be directly impacted by his sweeping agenda. All said, Trump made about 690 purchases from Jan. 21 through Aug. 1.

The active trading by a president of the United States is unprecedented and puts Trump in a direct position to benefit — or lose out — if any of the entities that own the bonds he’s purchased succeed or fail. It’s also another example of Trump pursuing business endeavors and transactions to increase his wealth while serving in office.

On Jan. 21, Trump purchased a bond belonging to the New York Triborough Bridge and Tunnel Authority. A week later, Trump purchased another handful of bonds over consecutive days. Those bonds belong to various municipal hospital facilities, airports, regional development funds and school districts from Florida to Alaska.

Read more: https://www.nbcnews.com/business/markets/trump-bought-bonds-companies-governments-rcna226024