Trump's Stock Trades Dwarf Congress: Elites Profit While Public Suffers
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A Bloomberg analysis exposes President Trump and his managers executing nearly 29,000 stock trades in 17 months—more than all of Congress combined—while Republicans push to shield the president from accountability.
President Donald Trump and his investment managers have executed approximately 28,700 stock transactions over the last 17 months, according to a Bloomberg analysis, outstripping the 22,200 trades reported by all members of Congress combined. This staggering volume of trades highlights the unchecked power and privilege of the wealthy elite, as a House Republican proposal seeks to prohibit trading by lawmakers and their families, yet conveniently exempts the president—even though he can manipulate markets through policy decisions and social media outbursts.
Trump, ever the populist in rhetoric but not in action, has publicly supported these restrictions, declaring in his State of the Union address that the legislation should be passed quickly so Congress "cannot corruptly profit from using insider information." Yet, the White House insists that the president's portfolio is managed independently, a claim that ethics experts warn does little to address the glaring appearance of conflicts of interest. Bloomberg uncovered about 20 instances where Trump bought shares in companies shortly after publicly promoting them, including DoorDash, Nvidia, and Tesla—further evidence of how the powerful exploit their positions for personal gain while ordinary Americans are left behind.