Trump has acquired over $100m in bonds since taking office

Donald Trump has bought over $100 million worth of corporate and government bonds since January, even though he is the sitting president.

These transactions – nearly 700 in just a few months, according to NBC News – cover sectors directly affected by its own policy decisions.

Among its purchases are bonds issued by Apple, JPMorgan Chase, Amazon and Goldman Sachs, but also by cities such as New York, Chicago and Philadelphia, as well as hospitals, public schools and electric utilities.

Officially, they go through a family “trust”, but Trump still benefits financially.

In the United States, there are no strict laws to prevent this type of blatant conflict of interest, allowing him to act with impunity.

This latest report illustrates once again how American institutions are turning a blind eye to Trump’s dubious practices, as is a good part of the electorate.