Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October 2025, sparking ethics concerns.

Trump purchased at least $82 million in corporate and municipal bonds from late August to early October 2025, according to federal ethics filings. The transactions, part of mandatory disclosures under the 1978 Ethics in Government Act, included over 175 trades and involved bonds from companies like Intel, Meta, JPMorgan, and Home Depot, many of which benefited from Trump-era policies. He also invested in bonds from public entities such as school districts and cities. The total value could exceed $337 million, and the purchases followed U.S. government investments in some of the same companies. Trump’s investments are managed by a third party under a trust overseen by his children, with no involvement from him or his family. The disclosures have renewed concerns about potential conflicts of interest.