US President Donald Trump was involved in buying and selling securities linked to American companies in transactions that amounted to hundreds of millions of dollars in the first quarter.
Trump's financial disclosure report to the Office of Government Ethics detailed purchases of securities for tech companies like Nvidia, Apple, Amazon, Microsoft, Adobe, Oracle and Uber, with each transaction ranging between US$1 million and US$5 million, according to government documents released on Thursday.
There were more than 2,300 purchases in the period from January to March.
The nearly 1,300 sales in the quarter included transactions involving Microsoft, Amazon and Meta worth between US$5 million and US$25 million.
The filing did not give specifics on the type of security, for example, if they were stocks or bonds.
The Office of Government Ethics oversees the executive branch, working to "prevent financial conflicts of interest and other violations of the ethics rules".
Trump has routinely brushed off accusations that he and his family are using the presidency to enrich themselves and their cronies.
Trump's assets are held in a trust administered by his son, Donald Jr. It is structured in such a way that Trump can, at any time, resume direct management of his holdings. (AFP)
Edited by Priscilla Ng
