Trump fined another $200 for delayed disclosure of multimillion-dollar stock trades

According to Trump’s latest investment disclosure filings, he sold between $5 million and $25 million worth of Microsoft and Amazon stocks in February this year, and repurchased shares of both companies in March. However, he failed to disclose these transactions within the legally required 45-day window, resulting in a $200 fine. This marks the third time he has been penalized for the same violation this year.

Notably, Trump also purchased Nvidia stock on February 10. Just days later, Nvidia announced a multi-year partnership agreement with Meta, causing its stock price to rise by approximately 2.5%. Furthermore, his purchases of Microsoft and Amazon stocks preceded the Pentagon’s announcement of contracts to deploy confidential computing network technology with both companies by several months. During his second term, Trump did not sell his stock portfolio, and his assets are held in a trust managed by his children, differing from the blind trust arrangements commonly adopted by previous presidents. Currently, although members of both parties in the U.S. Congress have repeatedly proposed bills prohibiting officials from trading stocks while in office, relevant legislative progress has stalled. (The Washington Post)