Trump Praised Over 20 Companies on Truth Social After Buying Their Stock, CNN Finds
President Donald Trump purchased inventory in 21 corporations inside every week earlier than posting favorable Truth Social messages about them, a CNN investigation discovered. He made at the least 44 purchases.
The findings sharpen questions on whether or not the president holds a battle of curiosity by his buying and selling.
44 Trades, 21 Companies, A Key Pattern in Trump’s Truth Social Posts
Trump’s 2025 monetary disclosure listed greater than 21,000 transactions. The Office of Government Ethics released it last month. Most had been inventory purchases and gross sales, reported in broad greenback ranges.
In one instance, Trump purchased between $200,000 and $500,000 in Nvidia inventory in April. Days later, he promoted the chipmaker’s plans to construct synthetic intelligence supercomputers within the United States.
In the April 15 publish, he additionally vowed to expedite all obligatory permits for Nvidia and similar firms.
“Trump is each a frequent poster and inventory dealer, sending greater than 6,000 Truth Social posts final yr and infrequently sharing his opinions about main companies, whereas his managers made greater than 20,000 inventory purchases or gross sales in that very same timeframe,” the report learn.
Not each publish was optimistic. Trump made 17 purchases of eight corporations earlier than criticizing them, together with Comcast and Microsoft.
Moreover, CNN discovered no proof that Trump used the posts to raise his personal holdings. Most of his trades drew no matching Truth Social exercise.
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White House Rejects Conflict Claims
The White House repeatedly denied that Trump has ever used his workplace for private acquire. It mentioned his property sit in totally discretionary accounts managed by impartial establishments.
“President Trump solely acts in the very best pursuits of the American public … There are not any conflicts of curiosity,” White House spokesperson Anna Kelly mentioned.
Trump additionally broke with latest presidents on one level. Every stock-owning president for the previous 5 a long time has used a blind belief. Trump as a substitute makes use of a belief along with his son, Donald Trump Jr., as trustee.
That setup lets him know his holdings, even when he can’t direct trades. Previously, timing issues surfaced when a BBC probe flagged suspicious trades before Trump’s market-moving statements.
The scrutiny lands as Trump Media prepares to promote Wall Street faster access to Truth Social posts. Its Truth API launches August 1, delivering prime accounts’ posts at a considerably quicker tempo.
That product would let paying corporations react to the posts quicker than the general public. This, in flip, would let Trump Media, the place his household is the biggest shareholder, profit from his posts. It additionally deepens the identical battle that his buying and selling already raises.
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