Trump promoted companies on Truth Social days after buying their stocks
Key Points:
- A CNN investigation revealed that President Donald Trump promoted over 20 companies on his Truth Social account shortly after purchasing stock in them, sometimes announcing government actions that could benefit those firms.
- Unlike previous presidents who placed assets in blind trusts, Trump’s assets are held in discretionary accounts managed by outside advisers, allowing him potential knowledge of stock trades despite claims that he has no control over them.
- Trump’s financial disclosures show more than 21,000 stock transactions in 2025, with some posts praising companies he recently invested in, while other posts were critical, raising concerns about conflicts of interest and ethics.
- Government watchdogs and ethics experts argue that Trump’s combination of frequent social media posts and stock trading creates an appearance of impropriety, fueling calls for bans on stock trading by presidents and lawmakers.
- Trump has expressed support for banning congressional stock trading but opposes similar restrictions for the president, while Congress debates potential legislation addressing conflicts of interest among elected officials.