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Data: Trump Makes Large-Scale Bond Purchases, Buying Over $100 Million Since Taking Office
Summary: According to reports, based on a 33-page document submitted to the U.S. Office of Government Ethics (OGE) on August 12, U.S. President Trump has been continuously making large-scale bond purchases since taking office in January, investing in debt issued by local governments, natural gas zones, and large U.S. corporations. The documents, made public on Tuesday, ...
According to reports, based on a 33-page document submitted to the U.S. Office of Government Ethics (OGE) on August 12, U.S. President Trump has been continuously making large-scale bond purchases since taking office in January, investing in debt issued by local governments, natural gas zones, and large U.S. corporations. The documents, made public on Tuesday, detailed 690 transactions Trump has made since assuming office this year. According to CNBC's calculations, assuming each disclosed transaction is calculated at the lower end of the declared value range, the total value of these bond purchases is at least $100 million. Under U.S. law, the President, Vice President, and other specific officials are required to regularly report 'reportable transactions' to the OGE, but are not required to disclose the specific amounts of the transactions.
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Link: Data: Trump Makes Large-Scale Bond Purchases, Buying Over $100 Million Since Taking Office [Copy]
