Over $700 million traded in three months? Trump's "stock trading ledger" exposed, with every Silicon Valley and Wall Street giant included

The latest disclosure from the U.S. government has pushed the capital market operations during Trump's second presidential term into the spotlight.

According to the latest publicly released financial disclosure documents from the U.S. Office of Government Ethics (OGE), Trump conducted large-scale securities transactions in the first three months of 2026, with a total transaction volume reaching at least $220 million, and possibly as high as $750 million based on the upper limits of the disclosed ranges, involving thousands of trades related to major U.S. publicly listed companies.

Media reports referencing the OGE disclosure documents stated that these transactions covered multiple sectors such as technology, finance, and communications, including core U.S. equity assets like Microsoft, Apple, Nvidia, Meta, Amazon, Oracle, Broadcom, Goldman Sachs, and Bank of America. As the U.S. federal disclosure system only requires officials to report transaction ranges without specifying exact prices, dates, or profit and loss details, it is impossible for the public to accurately assess the actual scale of returns.

In response to the above-mentioned disclosure, the White House Press Office referred media inquiries to the Trump Organization, whose representative attorneys provided no comment to the media. The White House emphasized last year that neither Trump nor his family members were directly involved in specific investment decisions, with the relevant assets managed by third-party financial institutions and having passed federal ethical reviews.