Trump Discloses Over 1,100 July Trades, Including $25 Million Microsoft Sales
President Donald Trump's financial disclosure has revealed over 1,100 securities transactions made on his behalf in July. These trades included sales of as much as $25 million each of Microsoft and Amazon shares. The total value of these transactions ranges from $79 million to $270 million.
The largest transactions were on July 20, when Trump sold between $5 million and $25 million each of Microsoft and Amazon. He also bought between $100,001 and $250,000 of Microsoft and between $1,001 and $15,000 of Amazon that same day.
Trump traded shares of companies led by Elon Musk, including SpaceX, which is a major Pentagon contractor and NASA launch provider. Trump bought between $15,001 and $50,000 of SpaceX shares on July 10 and sold between $1,001 and $15,000 on July 17.
The White House has defended the trades, stating that independent advisors manage the portfolio without input from Trump or his family. However, this is in contrast to previous presidents who have divested individual stocks or relied on blind trusts or diversified funds to avoid conflicts of interest.