Trump Bought Up to $5 Million in Tech Stocks, Incurred Fine Over Non-Disclosure
Updated
Updated · Engadget · Jul 2
Trump Bought Up to $5 Million in Tech Stocks, Incurred Fine Over Non-Disclosure
3 articles · Updated · Engadget · Jul 2
Summary
July 23 disclosures show Donald Trump bought as much as $5 million of Amazon, Apple, Meta, Microsoft, Nvidia and Broadcom stock on the day the White House released its AI Action Plan.
Those purchases were legally required to be disclosed, but they were omitted, leading Trump to pay what the New York Times described as a small fine for repeated reporting failures.
The filings add to scrutiny of Trump's finances during his second term, which the Times said has generated more than $2 billion for him, much of it from cryptocurrency sales.
The report also points to a pattern of active trading around Trump-linked accounts, citing more than 3,600 trades and a prior Dell investment made before the company won a $9.7 billion defense contract.