Trump’s Money Managers Just Broke Every Presidential Trading Record
AT A GLANCE
- President Trump’s portfolio saw 1,152 trades in July alone – about 50 a day
- Total trades since January 2025: over 28,000, more than the entire House and Senate combined
- Holdings include SpaceX and RTX, both federal contractors his administration helps regulate
- Up to $25 million in Microsoft and Amazon shares were sold
- White House insists the portfolio is run independently, with zero input from Trump
The sheer volume of trading is reigniting questions about how closely a sitting president should be tied to the markets he oversees.
Trump’s financial disclosure, released Tuesday, shows his money managers executed 1,152 trades in July. That’s a pace that would make most retail investors dizzy, and it’s raising fresh questions on Capitol Hill and Wall Street.
KEY DETAILS
The trades touched companies like SpaceX and RTX, both of which rely heavily on federal contracts. Since Trump’s second inauguration, his total trade count has topped 28,000, outpacing the combined activity of every sitting member of Congress. July also saw the sale of up to $25 million each in Microsoft and Amazon stock.
WHY IT MATTERS
Unlike Biden or Obama, who stuck to mutual funds and Treasuries, Trump never placed his assets in a blind trust. That means he can technically see every buy and sell, even if the White House insists he has no say in the decisions. Ethics watchdogs argue the pattern is unprecedented for a president.
Watch for how Congress and regulators respond as more disclosures surface, and whether this fuels renewed pushes for presidential blind-trust rules.
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Source: Yahoo Finance
