Congressional Democrats opened an inquiry asking 17 clemency recipients whether leniency involved pay-for-play circumstances
The May–June 2026 letters are oversight questions, not findings.
Donald J. Trump
President of the United States (second term, from January 20, 2025). Filer of the OGE disclosures at the center of this ledger.
Profile sources: U.S. Office of Government Ethics
Claims involving Donald J. Trump (35)
Senators say up to $63 million in settlement money pledged to Trump's library fund is partly unaccounted for
Congressional letters describe $6.5–14.5 million in missing funds and about $7 million in unexplained expenditures.
Pardons in the Puerto Rico case followed $3.5 million in super-PAC donations from the banker's daughter; a watchdog alleges a straw-donor scheme
DOJ first reduced the felony charges to misdemeanors; the FEC complaint is an unadjudicated allegation.
A first-quarter 2026 transaction report discloses 3,642 trades worth an estimated $220–750 million
High-volume trading continued into 2026, including companies with business before the administration.
In the months before Trump publicly praised Palantir, his accounts both bought and sold the company's stock
Q1 2026 purchases of $200,000–$680,000 and sales of $1–5 million preceded an April 10, 2026 Truth Social endorsement naming the ticker.
Disclosed investment accounts grew to at least $858 million across roughly 1,600 companies
Year-end 2025 positions in the annual disclosure include stakes in federal contractors and policy-affected issuers.
Trump pardoned Oak View Group CEO Tim Leiweke before trial, after Trey Gowdy raised the case at Mar-a-Lago following a round of golf
The December 2, 2025 pardon ended a pending Sherman Act prosecution over a $375 million arena bid; Leiweke had pleaded not guilty.
Trump pardoned former Honduran president Juan Orlando Hernández days before Honduras's election, after Roger Stone delivered the clemency plea
Hernández was serving 45 years for cocaine-importation conspiracy; Stone told the Journal he urged timing the pardon to help Hernández's party.
A federal inquiry into whether payments facilitated David Gentile's commutation was shut down after a call from a political appointee's office, per the Times
Gentile, sentenced to 7 years for a $1.6 billion investment fraud, served under two weeks. NYT reports he told other inmates he had paid $2.5 million or more; the allegations are unproven.
Joseph Schwartz paid $960,000 to pardon lobbyists before receiving a full pardon for a $38 million payroll-tax fraud
A later lobbyist in the matter was himself charged with extortion over pardon-work fees; victims' judgments remain unsatisfied.
Trump pardoned Binance founder Changpeng Zhao amid documented business ties between Binance and the family's stablecoin
Zhao's team paid a Trump-connected lobbying firm $1.3 million; Trump later said of Zhao, 'I don't know who he is.'
On the day the White House unveiled its AI Action Plan, Trump-linked accounts bought $1–5 million each of six AI-exposed stocks
The disclosure does not show whether the July 23, 2025 trades came before or after the announcement.
Trump signed the first federal stablecoin law while his family held a major stake in a stablecoin issuer
The GENIUS Act became law July 18, 2025; the final text contains no Trump-specific recusal provision.
Trump pardoned a former sheriff convicted of bribery on the eve of his reporting to prison
The pardon attorney marked the May 27, 2025 grant with the words 'No MAGA Left Behind.'
The U.S. accepted a luxury Boeing 747 from Qatar for use as Air Force One, with a reported later transfer to Trump's library foundation
Members of Congress argued the roughly $400 million gift requires congressional consent under the Foreign Emoluments Clause.
Vietnam fast-tracked a $1.5 billion Trump Organization golf project while negotiating tariffs with the administration
The groundbreaking took place during bilateral trade talks; the disclosure reports a $5 million license fee.
A Trump-branded Qatar golf deal involves a firm backed by Qatar's sovereign wealth fund
The April 2025 deal raises a documented question under the Trump Organization's own pledge against new foreign-government transactions.
Trump pardoned Paul Walczak weeks after Walczak's mother attended a $1-million-per-plate Mar-a-Lago fundraiser
The pardon application itself cited his mother's political support; the pardon erased $4.38 million in restitution.
A private dinner with the president was offered to the top 220 holders of the $TRUMP token; most top wallets appeared to be foreign
House Democrats referred the May 22, 2025 event to the DOJ; the referral is an allegation, not a finding.
Six senators formally asked the SEC to investigate the April 9 sequence; no investigation has been publicly confirmed
The April 10–11, 2025 letters are requests and allegations, not findings.
On April 9, 2025, Trump posted 'THIS IS A GREAT TIME TO BUY!!! DJT' roughly four hours before announcing the tariff pause
The S&P 500 closed up 9.5% — one of its strongest sessions in decades — after the afternoon announcement.
Transaction reports missed statutory deadlines; the filer paid $200 late fees
The STOCK Act requires transaction reports within 45 days; the annual report's reviewer notes record late-fee payments.
327 stock purchases are dated April 8, 2025 — one trading day before the tariff pause — and first became public 14 months later
The purchases, including Apple, Alphabet, Amazon, Microsoft, and Nvidia, appeared in the annual report rather than a timely transaction report.
Trump pardoned Nikola founder Trevor Milton months after Milton and his wife donated about $1.8 million to re-election efforts
The March 27, 2025 pardon ended the roughly $661 million restitution prosecutors were seeking for affected investors.
Trump's March 2025 crypto-reserve announcement moved the prices of the named assets while his family held large crypto positions
The announcement named five assets and triggered an immediate market surge; family holdings of the specific named assets are not established.
Meta, X, and Paramount paid roughly $51 million in 2025 to settle Trump's lawsuits
Companies with business affected by federal regulation settled active litigation; most funds were reported as pledged to the presidential library fund.
Trump's 2025 annual disclosure contains 21,285 securities transactions across eight accounts
The OGE filing's eight transaction tables contain 21,285 numbered rows; the PDF has 927 pages, including a primary form internally numbered to 847 plus appended exhibits.
A Reuters investigation found 96% of second-term clemency grants departed from longstanding DOJ guidelines
The June 2026 investigation documented paid Trump-allied intermediaries and donations in multiple cases.
The $TRUMP memecoin launched three days before the inauguration, with 80% of supply held by Trump-affiliated entities
The financial upside of the token accrues to entities tied to the president during his term.
The 2025 disclosure reports at least $2.2 billion in income, about $1.4 billion of it from family crypto ventures
Crypto income dwarfs every other disclosed income stream in the president's first year back in office.
World Liberty Financial produced almost $800 million in disclosed 2025 income for Trump-linked companies
Token sales and the sale of interests in the family co-founded crypto venture were the single largest disclosed income source.
Developers paid Trump's company $38 million in 2025 licensing fees for projects in Qatar, Saudi Arabia, the UAE, and Oman
The fees arrived while the administration negotiated arms sales and investment pacts with the same governments.
Mar-a-Lago earned nearly $77.5 million in 2025 — up more than 50% — and the golf portfolio nearly $395 million
Club revenue and raised entry fees grew at properties that double as venues for donors and policy seekers.
Trump Media lost $712 million in 2025 on minimal revenue while Trump retained majority ownership
Q1 2026: a $405.9 million net loss on $871,200 of revenue. The company bought $3.5 billion of bitcoin in 2025, tying its value to the administration's crypto policy.
Reported 2025 trading volume is far outside the modern presidential pattern
Trump's own 2017 report listed 86 trades; Obama and Biden reported none while in office.
Documented relationships (22)
Swipe table horizontally to inspect every relationship field →
| Subject | Relationship | Object | Establishes / does not establish | Sources |
|---|---|---|---|---|
| Donald J. Trump | benefits from | The Trump Organization | The 2025 OGE disclosure reports income to Trump from Trump Organization ventures, including clubs and licensing. Does not establish: That any specific revenue stream resulted from official action. | U.S. Office of Government Ethics The Wall Street Journal |
| Donald J. Trump | owns | Trump Media & Technology Group (DJT) | A 53% ownership stake held in a trust controlled by Donald Trump Jr., per PBS/AP reporting of company records. Does not establish: Day-to-day control of the company by the president. | PBS NewsHour / Associated Press |
| Donald Trump Jr. | family of | Donald J. Trump | Eldest son; trustee of the trust holding the TMTG stake. Does not establish: Any role in the trades documented elsewhere in this ledger. | PBS NewsHour / Associated Press |
| Eric Trump | family of | Donald J. Trump | Son of the president; Trump Organization executive who attended the Vietnam groundbreaking. Does not establish: That he directed any government action. | Reuters |
| Donald J. Trump | benefits from | World Liberty Financial | Almost $800 million in reported 2025 receipts to Trump companies from the venture, per Reuters' review of the disclosure. Does not establish: That crypto policy actions were taken to benefit the venture. | Reuters U.S. Office of Government Ethics |
| Zach Witkoff | business partner of | Donald J. Trump | Co-founded World Liberty Financial with Trump's sons; Trump is listed as co-founder emeritus, per reporting. Does not establish: The internal ownership split of the venture. | Reuters |
| Donald J. Trump | benefits from | CIC Digital LLC | $636 million in reported 2025 earnings from CIC Digital LLC listed on the disclosure, per ABC News. Does not establish: Exact earnings; the figure reconstructs range-based disclosure. | ABC News U.S. Office of Government Ethics |
| Meta Platforms | settled with | Donald J. Trump | A $25 million settlement of the account-suspension lawsuit; $22 million to the library fund per reporting. Does not establish: The merits of the underlying suit or any regulatory motive. | NPR |
| X Corp. | settled with | Donald J. Trump | A settlement in the range of $10 million of the suspension lawsuit, per NYT. Does not establish: The merits of the underlying suit or any regulatory motive. | The New York Times NPR |
| Paramount Global | settled with | Donald J. Trump | A $16 million settlement of the '60 Minutes' editing lawsuit, per AP. Does not establish: The merits of the underlying suit or any regulatory motive. | Associated Press |
| ABC News (Disney) | settled with | Donald J. Trump | A $15 million defamation settlement (December 2024) directed to the library fund, per the congressional oversight record. Does not establish: The merits of the underlying suit. | Office of Sen. Elizabeth Warren (warren.senate.gov) |
| Donald J. Trump | benefits from | Donald J. Trump Presidential Library Fund | Media-settlement proceeds were directed to his future presidential library fund, per settlement reporting and oversight letters. Does not establish: Personal use of fund assets; the senators' accounting questions are unresolved. | Office of Sen. Elizabeth Warren (warren.senate.gov) NPR |
| Donald J. Trump | granted clemency to | Trevor Milton | Full pardon signed March 27, 2025, per the DOJ warrant. Does not establish: That documented donations caused the pardon. | U.S. Department of Justice, Office of the Pardon Attorney |
| Donald J. Trump | granted clemency to | Paul Walczak | Full pardon signed April 23, 2025, per the DOJ warrant. Does not establish: That the family donation or dinner caused the pardon. | U.S. Department of Justice, Office of the Pardon Attorney |
| Donald J. Trump | granted clemency to | Changpeng Zhao (CZ) | Full pardon signed October 21, 2025, per the DOJ warrant. Does not establish: That lobbying or reported business ties caused the pardon. | U.S. Department of Justice, Office of the Pardon Attorney |
| Donald J. Trump | granted clemency to | Julio Herrera Velutini | Pardon signed January 15, 2026 (amended January 20), per the DOJ warrant. Does not establish: The truth of the pending FEC straw-donor allegation. | U.S. Department of Justice, Office of the Pardon Attorney |
| Donald J. Trump | granted clemency to | Wanda Vázquez Garced | Pardon signed January 15, 2026, per the DOJ warrant. Does not establish: Any exchange; the White House says the pardon materials deny one. | U.S. Department of Justice, Office of the Pardon Attorney |
| Donald J. Trump | granted clemency to | David Gentile | Commutation to time served (not a full pardon) on November 26, 2025, per NYT reporting of the clemency record. Does not establish: The truth of reported, unproven payment allegations. | The New York Times |
| Donald J. Trump | granted clemency to | Joseph Schwartz | Full pardon on November 14, 2025, per Washington Post reporting. Does not establish: That lobbying payments caused the pardon. | The Washington Post |
| Donald J. Trump | granted clemency to | Tim Leiweke | Pretrial pardon on December 2, 2025, ending a pending prosecution, per WSJ. Does not establish: Guilt or innocence on the ended charge. | The Wall Street Journal Sports Business Journal |
| Donald J. Trump | granted clemency to | Juan Orlando Hernández | Full pardon signed December 1, 2025, per WaPo and WSJ. Does not establish: That the timing determined the Honduran election. | The Washington Post The Wall Street Journal |
| Donald J. Trump | granted clemency to | Scott Jenkins | Full pardon on May 27, 2025, the eve of his reporting to prison, per NBC News and the underlying USAO record. Does not establish: Any payment connected to the pardon; none is documented. | NBC News U.S. Attorney's Office, Western District of Virginia (justice.gov) |
On the timeline
- 2025-01-17 Business $TRUMP memecoin launches days before the inauguration
- 2025-01-29 Business Meta agrees to pay $25 million to settle Trump's account-suspension lawsuit
- 2025-02-12 Business X agrees to pay about $10 million to settle Trump's suspension lawsuit
- 2025-03-06 Official acts Executive order formalizes the Strategic Bitcoin Reserve and Digital Asset Stockpile
- 2025-03-13 Business Reported Trump-family talks about a stake in Binance.US
- 2025-03-27 Official acts Full pardon signed for Nikola founder Trevor Milton
- 2025-04-02 Official acts 'Liberation Day' reciprocal tariffs announced
- 2025-04-08 Money & markets 327 stock purchases in Trump-owned accounts, one trading day before the tariff pause
- 2025-04-09 Official acts Trump posts "THIS IS A GREAT TIME TO BUY!!! DJT" on Truth Social
- 2025-04-09 Official acts 90-day pause announced on most 'Liberation Day' tariffs
- 2025-04-09 Money & markets S&P 500 closes up 9.5%; Trump Media closes up 22.67%
- 2025-04-23 Official acts Full pardon signed for Paul Walczak, twelve days after sentencing
- 2025-04-23 Business $TRUMP website announces a private dinner for the token's top 220 holders
- 2025-04-30 Business Trump Organization's Qatar golf deal with sovereign-wealth-backed Qatari Diar reported
- 2025-05-21 Official acts Pentagon accepts the Qatari Boeing 747-8 for use as interim Air Force One
- 2025-05-22 Business Dinner for the top 220 $TRUMP holders at Trump National Golf Club, Virginia
- 2025-05-27 Official acts Full pardon for former sheriff Scott Jenkins on the eve of his reporting to prison
- 2025-07-02 Business Paramount agrees to pay $16 million to settle the '60 Minutes' lawsuit
- 2025-07-18 Official acts Trump signs the GENIUS Act, the first federal stablecoin law
- 2025-07-23 Official acts White House unveils the 'AI Action Plan'
- 2025-07-23 Money & markets Same-day purchases of $1–5 million each in six AI-exposed companies
- 2025-10-21 Official acts Full pardon signed for Binance founder Changpeng Zhao
- 2025-11-14 Official acts Full pardon signed for Joseph Schwartz
- 2025-11-26 Official acts Sentence commuted for David Gentile after less than two weeks in prison
- 2025-12-01 Official acts Full pardon signed for former Honduran president Juan Orlando Hernández
- 2025-12-02 Official acts Pretrial pardon for Oak View Group CEO Tim Leiweke
- 2026-01-15 Official acts Pardons signed for Herrera Velutini, Vázquez Garced, and Rossini
- 2026-02-10 Money & markets Largest reported Q1 2026 sales: Microsoft, Meta, and Amazon at $5–25 million each
- 2026-04-07 Official acts Iran ceasefire announced; pre-announcement bets and crude sales reported
- 2026-04-10 Official acts Trump praises Palantir by ticker on Truth Social
- 2026-05-08 Money & markets Q1 2026 periodic transaction report: 3,642 trades
- 2026-06-11 Official acts Reuters investigation: 96% of second-term clemency grants departed from DOJ guidelines
- 2026-06-29 Money & markets 2025 annual financial disclosure filed after a 45-day extension