Vice President JD Vance rebuffs question about President Trump’s stock investments, says Trump is so wealthy he doesn’t trade stocks himself
Vice President JD Vance defended President Trump against criticism regarding stock trades made in his name. Vance argued that Trump, being wealthy, does not personally manage his investments and relies on financial advisers. The discussion arose after a report revealed significant trading activity in Trump's account during the first quarter of the year.
- ▪President Trump's account made about 3,700 stock trades in the first three months of the year.
- ▪Vance stated that Trump does not personally trade stocks and has independent wealth advisers managing his investments.
- ▪The report raised questions about Trump's public praise for companies in which he had recently acquired financial stakes.
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President Donald Trump is so wealthy he doesn’t need to trade stocks himself, argued Vice President JD Vance, after the President’s ethics report last week revealed a flurry of stock trading in an account held in Trump’s name.Recommended Video During an hour-long press conference Tuesday, Vance defended Trump, following criticism that emerged last week about stock trades made by the President’s account during the first quarter. The account made about 3,700 stock trades in the first three months of the year, according to a report by the Office of Government Ethics. In some cases the manager of the account purchased shares from companies that the President subsequently lauded at events or on social media.
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