Trump Has Been Investing in Companies and Then Pumping Them in His Speeches
President Trump has been actively investing in companies, including Thermo Fisher Scientific, while publicly promoting them. On the same day he toured a Thermo Fisher facility, he purchased between $15,000 and $50,000 worth of the company's stock. Critics argue that this behavior raises ethical concerns regarding conflicts of interest in his role as president.
- ▪Trump purchased between $15,000 and $50,000 of Thermo Fisher stock on the same day he toured its facility.
- ▪He had previously bought between $51,000 and $115,000 worth of Thermo Fisher stock a month before his visit.
- ▪A spokesperson for Trump claimed that his trades are managed by independent financial advisors, but critics question the ethics of his investments.
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.mj-text-cta {display: none;} freestar.config.enabled_slots.push({ placementName: "motherjones_right_rail_1", slotId: "ROS_ATF_300x600" }); President Trump poses with workers during a visit to Thermo Fisher Scientific on March 11, 2026, within a month of purchasing at least $81,000, and as much as $215,000 worth of the company's stock.Julia Demaree Nikhinson/AP Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This story was originally published by Popular Information, a substack publication to which you can subscribe here. On March 11, President Trump took a tour of a manufacturing facility in Reading, Ohio, owned by Thermo Fisher Scientific, a medical supply company.
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