Trump spent at least $1.1 million purchasing Netflix bonds in the past three months

Gelonghui, March 10th｜Documents show that U.S. President Trump has spent over $1.1 million in the past three months purchasing Netflix bonds, at a time when Netflix and Paramount are competing to acquire Warner Bros. Discovery. Trump made two transactions on December 12 and 16, purchasing over $500,000 in Netflix bonds, and made two more transactions on January 2 and 20, purchasing over $600,000 in Netflix bonds. The range disclosed by the White House is slightly above $1.1 million to $2.25 million, rather than a specific amount. The U.S. President is not subject to conflict of interest laws that prohibit other executive branch officials from investing in companies doing business with the government. It is reported that Trump purchased these bonds through a trust fund managed by his children.