Key Event
Rep. Don Beyer (D-Va.) stated that President Donald Trump's assets are not in a blind trust and that the president bought and sold Nvidia stock in multiple transactions, as shown on a signed financial disclosure form.
Statements
- Rep. Beyer posted on X: "Trump’s assets aren’t in a blind trust, and he bought and sold individual Nvidia stock in 15 separate transactions totaling millions of dollars."
- Beyer linked to a disclosure form indicating that Trump purchased up to $1 million in Nvidia stock in 2026 before the Commerce Department allowed Nvidia to sell advanced computer chips to China.
- Sen. Elizabeth Warren (D-Mass.) posted: "Trump brought the NVIDIA CEO on his trip to China to lobby [President] Xi Jinping to buy advanced AI chips... It turns out Trump also bought millions in NVIDIA’s stock."
- Eric Trump responded: "Every single asset of my father’s is wrapped up in a blind trust... Nobody in the Trump family buys or sells individual stocks."
Background
The U.S. Office of Government Ethics released a filing on June 10, 2026, showing 2,345 stock purchases and 1,296 sales by Donald Trump in the first quarter of 2026. The president signed the disclosure on May 8, 2026.
During his first term, the then-head of the ethics office stated that Trump's trust was "not even halfway blind."