How Trump Made Himself Much, Much Richer by Stock Trading as President

The president was busy stock trading after he started a war with Iran.

President Jimmy Carter putting his peanut farm in a trust to avoid a conflict of interest feels like a long time ago.

Financial disclosures submitted to the Office of Government Ethics and dissected by CBS News show that accounts owned by President Donald Trump made 3,642 stock trades from January to March this year.

Trump and Israel began a war in Iran during this period. There was civil unrest too, as two American citizens were killed on the street and others died in custody during Trump’s violent immigration crackdown. Many of Trump’s trades coincided with White House policy directives and Trump making public statements about the companies.

While the monetary value of the trades depend on how each stock is valued now and in the future, CBS puts the minimum valuation of Trump’s trades at $212 million and the maximum at a whopping $695 million. The disclosures show that Trump’s favorite place to buy and sell stocks is the technology sector, followed by exchange-traded funds and the industrial industry. Microsoft, Amazon, Meta, Netflix, Advanced Micro Devices, and Oracle were Trump’s most traded stocks.

Politicians trading stocks while in office has been a questionable practice for a long time. Conflicts of interest can easily arise, as politicians can profit by supporting legislation that benefits their investments. The American people, for one, are clear in their opinion: 86 percent think politicians should be banned from trading stocks while in office. Online tools tracking politicians’ trades have also become popular.

The most powerful person in the nation trading at such a massive scale presents even more opportunity for corruption. An investment professional told CBS he had “never seen a strategy out there that would warrant that amount of trading.” Another expert said the trading looked to be an attempt to lower Trump’s tax bill. Senator Elizabeth Warren called for an investigation into “potential insider trading” by the president, in response to the disclosures.

Trump verbally supported a congressional stock trading ban in February and bashed high-profile Democrats who trade stocks, such as former Speaker of the House Nancy Pelosi. But presumably the president thinks he himself should still get to trade as much as he wants.

Such insider trading scandals could plague the president once he departs office. Even before then, Democrats could embrace a stronger anti-corruption stance and open investigations into some of his shady dealings if they can snag congressional majorities in November.

Trump Says He Will DJ His Own July 4 Rally After Total Humiliation

Almost every musician in the lineup for Donald Trump’s original national July 4 celebration withdrew from the event shortly after it was announced.

President Donald Trump has replaced several days of concerts to celebrate America’s 250th anniversary with one boring MAGA rally—and this time, he’s picking the music. 

Trump announced Monday that he plans to mark the Fourth of July with a “Trump Rally” designed to celebrate the president’s ego more than the country he’s running into the ground.  

It seems that Trump has had enough of celebrity musical acts canceling on him. Instead, the president is turning to the only acts that can’t bail: military bands and ceremonial units. “This ensemble will be the largest formation of Joint Military Music and Ceremonial performances in History,” he wrote. 

Trump also teased an appearance from his personal playlist that would have “none of those people........

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