A Bloomberg analysis reveals President Trump has executed nearly 29,000 trades in 17 months, sparking intense scrutiny from ethics experts regarding potential conflicts of interest and the lack of a traditional blind trust.
The account bought Cal-Maine during the egg shortage and sold it later for a profit, highlighting a timely trade in the egg producer.
President Trump's investment account purchased up to $1.38 million of DoorDash stock, coinciding with a White House event featuring DoorDash delivery.
President Trump has conducted over 28,700 securities trades since returning to office, averaging 80 transactions per market day. Ethics experts and legal scholars are raising concerns over potential conflicts of interest, noting that the president's portfolio includes individual stocks like DoorDash and Cal-Maine, which have seen activity coinciding with administration policy events.
While not strictly mandated by law, it has been the standard practice for every president since Lyndon Johnson to use a blind trust, hold index funds, or own only Treasuries to avoid conflicts of interest.
No, the statute, which bars executive branch officials from participating in government matters that affect their personal financial holdings, explicitly excludes the president and vice president.