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.
Securities & Disclosures
The 2025 annual disclosure and the periodic transaction reports behind it are the spine of this ledger. They establish trading volume without modern presidential precedent — and they establish nothing about who chose any trade or what anyone knew. Both halves matter equally.
Claims in this dossier (5)
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.
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.
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.
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.
Related events
- 2026-02-10 Money & markets Largest reported Q1 2026 sales: Microsoft, Meta, and Amazon at $5–25 million each
- 2026-05-08 Money & markets Q1 2026 periodic transaction report: 3,642 trades
- 2026-06-29 Money & markets 2025 annual financial disclosure filed after a 45-day extension
Temporal adjacency does not establish causation.