Trump publicly praised companies within days of buying their stocks
President Donald Trump publicly praised three major American corporations on the same day or the day after he bought tens of thousands of dollars’ worth of their stock, according to recently released financial disclosures.
TL;DR
- President Trump's financial disclosures indicate he bought stock in Thermo Fisher Scientific, Apple, and Micron Technology on or shortly before publicly praising these companies.
- Specific instances include a March 11 purchase of Thermo Fisher stock followed by a visit and praise on the same day, and an Apple stock purchase on March 11 preceding a rally where he lauded the company.
- Trump also bought Micron stock on March 25, then mentioned the company favorably on Fox News the next day.
- His filings were late for several trades, resulting in a $200 fine.
- A significant purchase of Dell Technologies stock preceded multiple instances of Trump praising the company and its CEO in speeches.
- Trump's organization asserts that investment decisions are made solely by independent advisers, not by the President.
- Critics continue to monitor Trump's financial maneuvers, drawing parallels to past accusations regarding cryptocurrency policies and his own meme coin.
- The disclosures show over 3,600 transactions with a total value ranging from $220 million to $750 million.