Aug. 20 (UPI) -- President Donald Trump has bought at least $103 million of corporate and municipal bonds since he took office in January, new filings from the Office of Government Ethics show.
The documents were released Tuesday night and show that the president began the buying on Jan. 21, one day after being sworn in. The 690 purchases include debt sold by companies, local governments and entities that could be affected by his agenda.
Active trading by a president of the United States has never happened before, as they usually divest or put their holdings into a blind trust so they can't make decisions on policies that will enrich them. Trump has eschewed that practice.
Besides municipal bonds issued by local governments, school boards, airport authorities and gas districts, Trump bought corporate debt in tranches of at least $500,000 each from Qualcomm, Home Depot and T-Mobile US on Feb. 10. He also purchased at least $250,000 of debt from Facebook owner Meta Platforms later that month, Bloomberg reported.
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