Trump delays disclosing tens of millions of dollars in stock trades again, and is fined an additional $200

Deep Tide TechFlow News, May 15 — According to The Washington Post, Trump’s latest submitted investment disclosure shows that in February of this year, he sold between $5 million and $25 million worth of Microsoft and Amazon stocks, and in March, he bought back shares of the two companies. However, he failed to disclose these transactions within the legally required 45 days, resulting in a $200 fine. This is the third time this year he has been fined for the same violation.

Notably, Trump also bought Nvidia stock on February 10. A few days later, Nvidia announced a multi-year partnership agreement with Meta, causing its stock price to rise approximately 2.5%. Additionally, the timing of his purchases of Microsoft and Amazon stocks predates the Pentagon’s announcement of deploying confidential computing network technology contracts with these two companies by several months. During his second term, Trump did not sell his stock portfolio, which is held in a trust managed by his children, differing from the blind trust arrangements commonly used by previous presidents. Currently, although both parties in the U.S. Congress have repeatedly proposed legislation to ban officials from trading stocks while in office, progress on such legislation remains stalled.