Related News

In this photo illustration a virtual friend is seen on the screen of an iPhone on April 30, 2020, in Arlington, Virginia. Olivier Douliery | AFP | Getty Images The

OpenDoor is disrupting the real estate market with its new model. It buys homes and sells them on its platform. Opendoor Opendoor stock rocketed 50% higher on Thursday after the

Elon Musk has revealed that SpaceX and Starlink are working on technology that will allow mobile phones to connect directly to Starlink satellites within roughly two years. This innovation aims

John Burford, an 85-year-old physicist and former NASA scientist, has been sentenced to two years in prison for defrauding more than 100 investors out of around $1.2 million, as reported

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Steve Jennings | Getty

Oracle Corp Chief Executive Larry Ellison during a launch event at the company’s headquarters in Redwood Shores, California June 10, 2014. Noah Berger | Reuters Oracle‘s massive growth trajectory for

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Donald Trump’s investments: Where is the US President putting over $100 million? Family not ‘directly involved’

Word Count: 712 | Estimated Reading Time: 4 minutes


Donald Trump’s investments: Where is the US President putting over $100 million? Family not 'directly involved'

Since returning to the White House in January 2025, US President Donald Trump’s financial choices have drawn attention, with many questioning how he is investing his money. New disclosures released by the US Office of Government Ethics on Wednesday (local time) reveal that Trump has put more than $100 million into bonds.The filings, reported by Al Jazeera, offer a look into how the businessman-turned-president is managing his wealth while in office.The documents, covering the period from Trump’s inauguration on January 21 to August 1, reveal nearly 700 separate bond purchases. These include stakes in major financial institutions such as Wells Fargo, Citigroup and Morgan Stanley, alongside investments in corporate giants including Meta, T-Mobile, UnitedHealth and The Home Depot.Trump has also channelled money into a wide range of municipal bonds across several US states, among them New York, Florida and Texas. These bonds help fund public infrastructure projects ranging from hospitals and schools to airports, ports and gas development schemes, ANI stated citing reports.While the disclosures do not specify exact amounts for each transaction, they categorise the investments into broad ranges, from $100,001 to $250,000, and in some cases as high as $1 million to $5 million. The filings, however, did not list any asset sales during the corresponding period.Bonds are a type of fixed-income investment, effectively loans to corporations or public authorities in return for interest payments over time.Under the 1978 Ethics in Government Act, introduced in the wake of the Watergate scandal, American presidents are required to make their finances public, though they are not legally obliged to sell assets that could create conflicts of interest.Most presidents since then have chosen to either put their assets in blind trusts or restrict investments to diversified mutual funds, steps aimed at avoiding ethical controversies. Trump, however, opted to transfer his business interests into a trust run by his children, a decision that has drawn criticism from ethics experts. US media reports, cited by Al Jazeera, showed that Trump and his family were not directly involved in the transactions.As for his salary as the POTUS, Trump may earn more than $600,000, which he said would be donated entirely, repeating the pledge he had made during his first term.





Source link

Most Popular Articles