Trump's Bond Buying Spree: A Mix of Corporate and Local Investments

Recent reports reveal that former U. S. President Donald Trump made quite a few investments in bonds. From mid-November to late December, he bought bonds worth around $100 million. These included both municipal and corporate bonds. Most of these bonds were from local entities like cities, school districts, utilities, and hospitals. But he also invested in some big names like Boeing, Occidental Petroleum, and General Motors. Notably, he put up to $2 million into Netflix and Warner Bros Discovery bonds. This purchase came just after these companies announced their merger plans.Trump's investment portfolio has been growing steadily while he was in office. This has led to some questions about potential conflicts of interest. For instance, he has a say in whether Netflix can go ahead with its planned $83 billion acquisition of Warner Bros Discovery. This deal is facing competition from Paramount Skydance and needs regulatory approval. A White House official clarified that Trump's stock and bond portfolio is managed independently by third-party financial institutions. They stated that neither Trump nor his family has any control or influence over these investments. Bond investments are common among wealthy individuals, and Trump has been doing this for a while. Earlier, he had disclosed at least $82 million in bond purchases from late August to early October.