Trump fined $200 again for delaying disclosure of tens of millions in stock trades
Odaily Planet Daily News The latest investment disclosure filings from Trump show that 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, these transactions were not disclosed within the legally required 45-day period, resulting in a $200 fine. This marks the third time this year he has been penalized for the same violation.
Notably, Trump bought Nvidia stock on February 10. Just days later, Nvidia announced a multi-year cooperation agreement with Meta, causing its stock price to rise by about 2.5%. Furthermore, his purchases of Microsoft and Amazon stock occurred months before the Pentagon announced contracts to deploy confidential computing network technology with the two companies. During his second term, Trump did not sell his stock portfolio, with his assets held in a trust managed by his children, differing from the commonly used blind trust arrangements adopted by previous presidents. Currently, although both parties in the U.S. Congress have repeatedly proposed bills to prohibit officials from trading stocks while in office, related legislative progress has stalled. (The Washington Post)
