Not only a judge but also a creditor? Trump reveals a $51 million investment, including "policy sensitive" bonds such as Netflix (NFLX.US).

As of December 2025, the investments of Donald Trump, the President of the United States, in municipal and corporate bonds include bonds of companies involved in his government policies. The total cost of these bonds is at least $51 million. The latest disclosure document released by the White House on Thursday shows that Trump's purchases include bonds of Netflix (NFLX.US), CoreWeave (CRWV.US), General Motors Company (GM.US), Boeing Company (BA.US), Occidental Petroleum Corporation (OXY.US), and United Rentals, Inc. (URI.US). He also purchased municipal bonds from various cities, local school districts, utilities, and hospitals in the United States. According to regulations, all federal elected officials and appointed officials participating in trades must submit this report. It is worth noting that the report does not specify the exact amounts or prices - it only requires the ranges of stock, bond, commodity futures, and other securities trading to be reported. For example, in the report submitted by Trump, there were a total of 189 purchase transactions and 2 sell transactions completed between November 14 and December 29 last year, with the total value of the sell transactions amounting to at least $1.3 million. The disclosure document is dated January 14 and was approved by a White House ethics officer the next day. Trump also revised a previous report, adjusting the values of four transactions. These investments are just the latest examples of Trump's ongoing accumulation of wealth while in office. He continues to blur the lines between personal business and official duties, raising questions about potential conflicts of interest. The White House did not immediately respond to requests for comment. In August 2025, Trump reported a total of 690 transactions with a value of at least $104 million since returning to the White House in January 2025; the additional transactions disclosed in November and December totaled $106 million, including three more sell transactions with a combined value of $2 million. In the August report, a senior White House official stated that Trump and his family were not involved in investment decisions. The official stated that an independent financial manager used an investment procedure that replicates recognized indices to purchase bonds, and added that the government ethics office had approved the arrangement. A White House official stated that subsequent reports would also follow this process. In stark contrast to previous presidents, Trump has not divested his personal assets or placed them in a blind trust managed by an independent trustee. His vast business empire is run by his two sons, and there are multiple areas of overlap between the business operations and policy areas within the scope of the presidency. During visits to foreign capitals, Trump has actively promoted Boeing Company (BA.US) aircraft and emphasized the company's success in securing multiple aircraft sales orders with international carriers such as Qatar Airways and Japan Airlines. During a visit to the Ford (F.US) factory in Detroit on Tuesday, Trump highlighted the strategic moves of competitor General Motors Company (GM.US) - the company plans to move production lines for the Chevrolet Blazer and Equinox, two popular models, back to the United States from Mexico. He also pointed out that this decision to shift production validates the effectiveness of his tariff policy in driving substantial progress in the revival of American manufacturing. Furthermore, Netflix is currently engaged in a fierce battle with Paramount+ (PSKY.US) for Warner Bros. (WBD.US), and regardless of who comes out on top, it will pose a significant antitrust challenge for the Trump administration. Trump has stated his intention to personally review the merger regardless of which side ultimately prevails; the Hollywood industry has been closely monitoring his actions in an attempt to capture his clear stance on this significant studio showdown.