President Donald Trump made 40 stock transactions a day in the first three months of 2026, according to his latest filings with the Office of Government Ethics.
He made purchases of at least $1 million in a few dozen companies, including government contractors, companies to which he granted regulatory relief, and companies affected by his fickle on-again, off-again tariffs.
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For instance, Trump purchased at least $1 million in Nvidia stock on Feb. 10, the day Vice President JD Vance, while meeting with Armenia’s prime minister and Nvidia executives, announced a massive AI project in the Asian country.
Firebird, the infrastructure company involved in the deal, explained in a press release that Nvidia was “securing U.S. export licensing and regulatory approvals for the sale and delivery of an additional 41,000 Nvidia GB300 graphics processing units (GPUs) to Armenia.”
Trump also invested at least $1 million in Boeing in February. This past weekend, Trump returned along with Boeing officials from a diplomatic and commercial mission to China, announcing that the country would buy at least 200 Boeing jets for its state-owned airlines.
REMEMBER WHEN TRUMP COULDN’T BE BOUGHT?
So Trump is expending U.S. diplomatic capital to help a company in which he recently invested at least $1 million. Even if Trump didn’t give up much to secure this agreement with China, and even if this sale is a net positive for the United States, it’s still a conflict of interest for the president to be pushing trade deals that enrich him personally.
Even if Trump believes he is making decisions in the best interest of the country, it’s hard to be confident that he isn’t weighing his own personal stakes when he is constantly buying and selling millions of dollars in stocks.
