Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe president purchased as much as $5 million in stock in law enforcement technology company Axon in February. Two weeks after the president's purchase, Immigration and Customs Enforcement (ICE) announced a proposed $220 million contract for energy weapons, which was likely to go to Axon. Axon's share price subsequently jumped over 34 percent.The president continued to buy and sell shares in Axon throughout February and March, and he appears to have retained at least a six-figure stake in the company, according to the financial disclosures, which cover the first three months of 2026.Watchdog groups expressed concern that the president could benefit financially from his administration's expansion of immigration enforcement. The White House said there were no conflicts of interest surrounding the potential contract, which has not been awarded yet.In fullTrump bought up to $5M of stock in Taser company right before $220M ICE bidThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Axon Enterprise has ramped up lobbying in Congress on federal law-enforcement technology as ICE pursues a potential $220 million Taser deal.

Trump bought up to $5 million in Axon stock weeks before ICE sought a $220 million Taser contract, raising scrutiny, report says.

Axon Enterprise Inc. (NASDAQ:AXON) stock rises Monday after a report details a $5 million share purchase by President Donald Trump ahead of an ICE procurement notice.

Police technology manufacturer stands to benefit from administration’s plans to massively expand immigration enforcement

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"There's a reason why Trump fired the ethics watchdog who oversaw corruption and conflicts of interest in the executive branch," said one critic.

Axon Enterprise Inc. (NASDAQ: AXON) shares continue to rise following reports of a $5 million asset purchase by President Trump ahead of a $220 million ICE notice.