Trump scoops up $100m in bonds, including Netflix, Warner Bros

WEB DESK:U.S. President Donald Trump added roughly $100 million worth of municipal and corporate bonds to his portfolio between mid-November and late December, according to financial disclosures released late this week.

Most of the purchases were municipal debt, issued by cities, school districts, utilities, and hospitals, but the filings also show smaller corporate bets. Among them were up to $2 million in bonds tied to Netflix and Warner Bros Discovery, acquired weeks after the companies unveiled plans to combine.

The disclosures list additional corporate bond holdings linked to Boeing, Occidental Petroleum, and General Motors.

The latest investments expand Trump’s reported assets while he is in office, a fact that has renewed scrutiny over potential conflicts of interest, particularly where policy decisions could affect the value of his holdings. In December, Trump said he would have a role in determining whether Netflix can move ahead with its proposed $83 billion acquisition of Warner Bros Discovery, a deal that would require regulatory clearance and faces a competing bid from Paramount Skydance.

A White House official, speaking on condition of anonymity, said Trump’s stock and bond holdings are managed independently by third-party institutions and that neither the president nor his family can direct or influence investment decisions.

Bond buying is a routine part of Trump’s wealth management. Earlier disclosures showed he purchased at least $82 million in bonds between late August and early October.