President Trump's 3,642 Stock Trades in Q1 2026 Spark Conflict-of-Interest Debate
President Donald Trump disclosed 3,642 stock trades in Q1 2026 via a 113-page OGE Form 278-T filing. The transactions include large purchases of Nvidia, Microsoft, Broadcom, Amazon, Apple, and Coinbase, reflecting a pivot from earlier bond-heavy holdings and breaking decades of presidential blind-trust practice. The portfolio aligns with administration priorities: semiconductor buys ride on domestic chip policy, financial stocks benefit from deregulation, and crypto holdings overlap with pro-crypto executive orders and the Trump Accounts program. Critics highlight potential conflicts, especially with Dell Technologies: seven-figure purchases started Feb 10, and the president publicly praised Dell on May 8, driving a 12% stock rise; Dell later pledged $6.25B to Trump Accounts. While complying with the STOCK Act, the filing intensifies debate over executive-branch trading rules, as Treasury Secretary Scott Bessent backs a ban on congressional stock trading.
Key facts
- President Trump filed 3,642 stock trades in Q1 2026, averaging 60 per session.
- Break from decades of blind-trust practice since Lyndon B. Johnson.
- Holdings include Nvidia, Microsoft, Broadcom, Amazon, Apple, and Coinbase.
- Portfolio aligns with administration policies on semiconductors, finance, and crypto.
- Dell trades and public praise raise conflict-of-interest concerns; stock rose 12%.