Trump Hit With Bombshell Demand Over Staggering Stock Trades

Reuters President Donald Trump is facing new demands from two top Democrats to explain a staggering volume of stock trades made in his name while he has been in the White House.

Sen.

Elizabeth Warren and Rep.

Robert Garcia sent Trump a 17-page letter Wednesday, first reported by CNBC , questioning more than 21,000 trades in 2025 and another 3,500 during the first three months of 2026.

The transactions generated more than $2.2 billion in revenue last year, according to the New York Times.

Warren and Garcia say that’s unprecedented.

“The sheer volume of stock trading by a sitting president is unprecedented,” Warren and Garcia wrote.

“You—or the entities responsible for your accounts—made an average of approximately 50 trades every day markets were open during the first quarter of 2026.” Trump has insisted he has no role in the decisions.

“We have funds that run my money,” Trump said in July .

“They invest my money, and I don’t talk to them.

I never—I don’t even speak to them.” His son Eric Trump has similarly claimed the president’s investments are handled independently, writing on X that his father’s holdings “are maintained exclusively in fully discretionary accounts managed by independent third-party financial institutions.” But Warren and Garcia want Trump to identify the money managers overseeing his portfolio and explain whether he knew about individual trades that appeared to coincide with government actions or policy announcements.

The lawmakers highlighted 15 trades they said raised potential conflicts of interest.

Among them was Trump’s purchase of Nvidia and AMD stock on Jan.

6, shortly before the administration announced changes that would make it easier for the companies to sell chips to China.