US President Donald Trump has bought hundreds of bonds since he returned to office, including those sold by American companies affected by the sweeping changes to federal policies he’s championed.
The 690 transactions, the first of which was made the day after his inauguration, total at least US$103.7 million, according to a document released by the White House on Tuesday that disclosed the billionaire’s investing activity this year through early August.
In addition to municipal bonds issued by local governments, school boards, airport authorities and gas districts, Trump bought corporate debt in tranches of at least US$500,000 each from Qualcomm, Home Depot and T-Mobile on February 10.
He also bought at least US$250,000 of debt from Facebook owner Meta Platforms later that month.
The report, which all federal elected officials and appointees who trade must submit, does not provide exact amounts or prices, since only broad ranges of…
