Trump Traded Stocks 1,000 Times in July. The Ban He Backs Skips Him.

The White House says third-party managers run the portfolio and that no one in the family directs the buying or selling.

Donald Trump bought and sold stock more than a thousand times in July. The trades were worth between $79 million and $270 million. Those figures come from the president's latest financial disclosure, released September 22, 2026, and from an analysis of that filing first reported by the Guardian. Federal forms list only a date and a dollar range for each transaction, so the exact total isn't public.

Trump and his party have spent months pushing a ban on stock trading by members of Congress. The Stop Insider Trading Act, which he endorsed, cleared the House of Representatives in July. It would bar lawmakers and their families from buying publicly traded shares.

It wouldn't cover the president or Vice-President JD Vance.

The two largest sales landed on the same day, July 20. Amazon and Microsoft stock each sold in the $5 million to $25 million band. Oracle and Costco shares went the same day, as much as $5 million apiece.

A Nvidia sale on July 20 ran between $500,000 and $1 million. He also bought up to $5 million in Intuit and Salesforce shares that day, among dozens of other transactions.

Across the month, the two sides of the ledger ran close to even:

• More than 700 sales, totaling $35 million to $137 million
• More than 440 purchases, totaling $43.5 million to $134 million

The White House says nobody in the family is at the wheel. Its account of the arrangement is that the holdings sit in discretionary accounts run by outside financial institutions, tracking recognized indexes such as the Schwab 1000, and that the disclosure shows no conflicts of interest.

Davis Ingle, a White House spokesperson, said neither Trump nor any member of his family can direct, influence or give input on how the portfolio is invested, or on when investments are bought and sold.

Between the start of his second term and June, Trump made more trades than every member of Congress combined. That count comes from a Bloomberg analysis, as the Guardian noted in its report on the July filing.

His last annual disclosures showed more than $2.2 billion in income last year from his businesses and investments. About $1 billion of that was crypto revenue.

Filings from his staff listed $45,000 cash gifts to three White House officials, among them Natalie Harp, a close personal aide to the president. Watchdog groups called for further investigation, the outlet reported.

The Senate's joint economic committee found Trump made as much as $15.5 million from investments in oil and gas companies. The committee tied that gain to gas prices driven up by the U.S. war with Iran.

Presidents, vice-presidents and members of Congress can all legally trade. They have 45 days from a transaction to report it. Whatever the Senate does with the House-passed bill, the next batch of the president's trades arrives on that same clock — one date and one dollar range at a time.

Source: theguardian.com, retrieved September 23, 2026.