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Trump claims stock trading earned the U.S. "hundreds of billions of dollars"; White House clarifies: managed by external financial managers

2026-09-07 10:09

Odaily News, September 6 — According to reports from U.S. media outlets such as "Mediaite," President Trump posted on the same day claiming that his stock and other asset holdings had earned the U.S. "hundreds of billions of dollars." The White House clarified that all stock transactions under Trump's name are handled by external financial managers, and that Trump and his family have no control over specific trading decisions. White House spokesperson Anna Kelly stated that Trump's assets "are managed by independent third-party financial institutions and held in discretionary accounts," and criticized the "fake news media" in the U.S. for spreading lies and false accusations against him and his businesses over the years. (Global Times)