US President Donald Trump bought at the least $82 million in company and municipal bonds from August 28 to October 2, monetary disclosures underneath a 1978 transparency regulation referred to as the Ethics in Authorities Act, revealed on Saturday (native time), in keeping with Reuters.
Company bonds Trump purchased embody choices from chipmakers like Broadcom and Qualcomm, know-how corporations similar to Meta Platforms, retailers comprising Residence Depot and CVS Well being and main Wall Avenue establishments like Goldman Sachs and Morgan Stanley.
His late-August purchases of investment-bank debt additionally concerned JP Morgan bonds.
In the meantime, Trump urged the US Justice Division on Friday to open an investigation into JP Morgan concerning its connections to the late financier and convicted intercourse offender Jeffrey Epstein. The financial institution has acknowledged that it regrets its earlier relationship with Epstein and that it didn’t help him in finishing up “heinous acts”. Trump additionally purchased Intel bonds after the US authorities, underneath his management, took an possession stake within the firm.
(It is a creating story. Extra to come back)
