By , USA TODAY
Publication Date: 2026-05-18 15:54:00
Updated May 18, 2026, 12:18 p.m. ET
WASHINGTON – President Donald Trump bought and sold stocks worth at least $220 million involving companies such as Nvidia, Apple, Microsoft and Tesla, whose executives he has hosted at the White House and on his trip last week to China.
The big-dollar trading raised alarms among Democratic lawmakers and ethics advocates who contend the transactions represent a conflict of interest for the president. Many of the companies are regulated by the federal government or could benefit from Trump including them at official conferences.
But the president’s company, the Trump Organization, said his accounts are managed by third-party financial institutions without any input from Trump or his family.
“Neither President Trump, his family, nor The Trump Organization plays any role in selecting, directing, or approving specific investments,” the Trump Organization said in a statement. “They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind.”
The stock purchases and sales were reported in broad ranges to the U.S. Office of Government Ethics. The total value of the transactions ranged from $220 million to about $750 million during the first three months of the year. But the reports offer a snapshot of investments rather than tallying overall holdings or the profits and losses from specific transactions.
The transactions reflected a broad overlap of companies that…
