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Trump Discloses Thousands of Securities Trades, Transparency Under Scrutiny On August 22, the U.S. Office of Government Ethics revealed that Trump conducted 1,051 securities trades in June, totaling between $78.1 million and $263.1 million, averaging 35 trades per day. Over 3,600 trades were made in the first quarter, with an estimated 21,000 trades for the entire year of 2025. On June 18, he bought Berkshire Hathaway, Visa, Mastercard, and Cintas (each between $1 million and $5 million), and on the same day sold Meta and Motorola; part of the Berkshire Hathaway position was sold on the 24th. More delicately, regarding defense stocks: after the U.S. and Iran announced a ceasefire memorandum on June 14, Trump bought Northrop on the 23rd and sold it on the 24th. The arms stock was quickly bought and sold right after the agreement was signed. He was also active on Coinbase: from the 12th to the 23rd, he sold between $116,000 and $315,000 worth of cryptocurrency, then bought back between $50,000 and $100,000 on the 24th. However, the disclosure only provides ranges of amounts, not exact figures or holdings. You know he traded, but guessing how much he earned is all you can do. The White House has not yet commented this time; in May, the statement was "no conflict of interest exists, and the President always acts in the public interest"—a standard line. Tariffs, AI regulation, defense contracts, cryptocurrency policies—many of these targets are directly influenced by his policies. Saying there is absolutely no room for conflicts of interest is probably something even he doesn't believe. Transparency is not "disclosed" equals "transparent." Providing ranges and hiding exact numbers essentially lets you watch the show. All actions are public, all profits are secret—this is Trump-style transparency