U.S. President Donald Trump speaks about the U.S. government shutdown during the swearing-in ceremony of U.S. Ambassador to India Sergio Gore at the White House in Washington, DC, on November 10, 2025.
Kevin Lamarque | Reuters
U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds between late August and early October, including new investments in sectors that benefited from his policies, financial information released Saturday showed.
According to documents released by the U.S. Office of Government Ethics, President Trump made more than 175 financial purchases between August 28 and October 2. The disclosure, made under a 1978 transparency law known as the Government Ethics Act, does not list the exact amount of each purchase, only a broad range.
The maximum total amount of bond purchases exceeded $337 million, according to filings.
Most of the assets listed in Saturday’s disclosure consist of bonds issued by local governments, states, counties, school districts and other entities with ties to public agencies.
President Trump’s new bond investments span multiple industries, including sectors that have already benefited or are benefiting from his administration’s policy changes, such as financial deregulation.
The corporate bonds Mr. Trump acquired also include offerings from semiconductor manufacturers, including: broadcom and QualcommTechnology companies such as; meta platform;Retailers etc. home depot and CVS Health; and Wall Street banks, etc. goldman sachs and morgan stanley. Investment banks’ bond purchases in late August included JP Morgan.
On Friday, President Trump asked the U.S. Department of Justice to investigate JPMorgan’s ties to the late financier and convicted sex offender Jeffrey Epstein. The bank said it regretted its past relationship with Epstein and did not assist him in his “heinous acts.”
Trump also bought intel Under President Trump’s direction, the U.S. government acquired a stake in the company and then issued bonds.
The White House did not respond to a request for comment Saturday. The administration has previously said that while Trump continues to file required disclosures about his investments, neither he nor his family has a role in managing portfolios managed by third-party financial institutions.
Trump, who became wealthy in real estate before entering politics, has previously said he placed his companies in a trust overseen by his children.
Disclosure documents filed in August show that Trump has purchased more than $100 million in bonds since returning to office on January 20. Trump also filed an annual disclosure form in June that showed income from his various businesses still ultimately belongs to him, raising concerns about potential conflicts of interest.
In that annual disclosure, which appears to cover calendar year 2024, President Trump reported more than $600 million in income from virtual currencies, golf real estate, licensing and other businesses. It also showed that Trump’s cryptocurrency efforts have significantly increased his wealth.
Overall, the president’s June disclosure reported assets worth at least $1.6 billion, according to Reuters calculations at the time.
