Trump made over 1,000 July stock trades worth up to $270m, filings reveal
Summary
President Donald Trump made over 1,000 stock trades in July, with the total value ranging from $79 million to $270 million, according to his financial disclosure. The White House says his investments are managed by third-party firms, and he does not control the buying or selling decisions.Key Facts
- Trump completed more than 1,000 stock trades in July, including over 700 sales and 440 purchases.
- The total value of these trades ranges between $79 million and $270 million.
- His largest July sales included Amazon and Microsoft stocks, each worth between $5 million and $25 million.
- The White House states Trump's investments are managed independently by financial institutions without his input.
- Presidents, vice presidents, and members of Congress must disclose stock trades within 45 days.
- Trump has championed a ban on stock trading for members of Congress, which would not apply to him.
- Trump's previous financial disclosures showed he earned over $2.2 billion last year from business and investments, including $1 billion from cryptocurrency.
- Public opinion polls indicate around 75% of voters want elected officials to be banned from buying and selling individual stocks while in office.
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