Trump made more than 1,000 dubiously timed stock trades in June, including thousands of dollars in exchanges with companies directly impacted by the Iran war, according to a CNN analysis of a filing with the Office of Government Ethics. As the war drags on, Trump’s portfolio seems to be thriving.
Alongside those eyebrow-raising investments, the president bought and sold energy stocks with Exxon Mobil and Chevron, each to the tune of somewhere between $1,000 and $1500, as oil and gas prices skyrocketed for consumers.
Still, the White House claims that Trump is not personally involved in his own investment portfolio. According to spokesman Davis Ingle, there are “no conflicts of interest,” and Trump’s assets are in a trust managed by his children.
The Iran war has made life more expensive for Americans. Gas prices are higher, groceries are more expensive, and inflation has crept back up. For Trump, it’s another investment opportunity.
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