Summary
Two separate financial disclosure reports filed with the U.S. Office of Government Ethics (OGE) and covering the January-March 2026 period indicate that President Donald Trump disclosed a wave of financial transactions in U.S. corporate securities and municipal bonds earlier this year. The reports present transaction values in wide bands rather than precise dollar figures, producing a combined reported range from about $220 million up to roughly $750 million.
Details of disclosed activity
The OGE filings list purchases and sales tied to a number of well-known firms. Companies specifically identified include Microsoft, Meta Platforms, Oracle, Broadcom, Bank of America and Goldman Sachs. The reports also note transactions in municipal bonds.
Examples provided in the disclosures show purchases valued, within the form's bands, at between $1 million and $5 million each for an S&P 500 Index fund, Nvidia Corp. and Apple Inc. The filings also report sales in larger bands - between $5 million and $25 million each - attributed to Microsoft, Amazon and Meta Platforms.
The filings do not consistently state the exact type of instrument involved for each entry. In some cases the line items reference securities without indicating whether they were equity shares, corporate bonds or other instruments. The reports also do not identify the accounts in which the trades occurred or precisely who placed the orders.
Who controls the assets?
The president’s assets are held in a trust controlled by his children. Some entries in the new filings indicate a broker acted as an agent on particular transactions, but the reports stop short of naming the accounts or the individuals who executed the trades.
When queried about the disclosures, the White House press office redirected questions to the Trump Organization. An attorney for the Trump Organization did not immediately provide a response to a request for comment.
Context on the disclosures
Since his return to the White House last year, the president has filed a series of public ethics reports that document trades in municipal debt and securities issued by major corporations. Those ethics reports are required under federal rules and are designed to provide a public view of certain transactions.
By design, the transaction reports offer only a partial view: they capture transactions above $1,000 and report them in wide value bands, but they do not disclose exact purchase or sale prices, profit and loss outcomes, or whether the assets were acquired directly or via managed accounts. A broader annual financial disclosure that covers business assets and income - including interests such as golf resorts and crypto ventures - is anticipated in the coming months.