Vance defends Trump stock-trading spree: 'Come on, man'
CNBC • • business
Key Points:
- Vice President JD Vance defended President Donald Trump against concerns over heavy stock trading revealed in Trump's financial disclosures, stating Trump does not personally manage his trades but relies on independent wealth advisors.
- The disclosures showed over 3,700 stock transactions in the first three months of 2026, including investments in companies Trump has publicly promoted, such as Palantir.
- White House and Trump Organization spokespeople emphasized that Trump's assets are managed through trusts and fully discretionary third-party accounts, with no involvement from Trump or his family in investment decisions.
- Vance dismissed questions suggesting conflicts of interest or corruption, challenging the reporter and downplaying the implications of Trump's trading activity.
- The issue raised public concerns, with polling indicating increasing perceptions of corruption linked to the president's financial dealings.