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The president’s own filings show him buying and selling bonds in a company to which his administration had just handed a major boost.

By: clo2 in FFT4 | Recommend this post (0)
Mon, 18 May 26 1:19 PM | 2 view(s)
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Lock him up!

The president’s own filings show him buying and selling bonds in a company to which his administration had just handed a major boost.

Trump made a flurry of trades on a tech company just as his administration announced a major agreement with the same firm, according to the president’s own financial declarations.

The president bought bonds in an AI company in the days before it was announced that the firm had been selected for a government program. He then sold bonds in the same company one day after the announcement, which boosted the company’s share price, an investigation by the Daily Beast and its sister Substack PunchUp has found.

The trade comes to light just days after it was reported that Trump was fined $200 for late filing of disclosures on tens of millions of dollars in stock market trading. Forbes estimates that Trump has personally made more than a billion dollars since he was re-elected president.

more:
http://www.thedailybeast.com/donald-trump-cashed-in-one-day-after-handing-tech-firm-coreweave-a-major-deal/?


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