Trump’s Truth Social posts amplified firms soon after stock buys, fueling ethics concerns

1 min read
Source: CNN
Trump’s Truth Social posts amplified firms soon after stock buys, fueling ethics concerns
Photo: CNN
TL;DR Summary

CNN’s investigation found Trump praised more than 20 companies on Truth Social within days of buying stock in those firms, including Nvidia and Tesla, with at least 44 stock purchases across 21 companies in the week before his posts. The White House says trades are managed by outside advisers in discretionary accounts and there are no conflicts of interest, but critics warn the pattern creates the appearance of impropriety while Congress debates limits on presidential stock trading. Trump’s assets are not in a blind trust, meaning he could know which holdings his advisers are buying or selling.

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