Donald Trump: US President Donald Trump's stock portfolio has caused a political uproar in the US. Democrats have launched a campaign against more than 3,500 suspicious transactions.

Donald Trump: Trump under fire from Democrats

Donald Trump Stock Investment: Democratic Senator Elizabeth Warren and Representative Robert Garcia have written a letter to US President Donald Trump, asking him to disclose the names of his money managers. The letter asks Trump to reveal who manages his stock portfolio and what their role was in the dozens of trades he made while in office.

What are the allegations of the Democrats?

In a 17-page letter sent on Wednesday, the lawmakers raised questions about more than 30 trades they believe occurred before government announcements or Trump statements that were expected to stir the market. According to the report, more than 3,500 stocks were traded through Trump's accounts in the first three months of 2026 , equating to approximately 50 daily transactions. It is alleged that these stocks were bought or sold before the Trump administration announced government policies or major decisions.

The transactions specifically cited include the purchase of Nvidia and AMD stock on January 6th, just before the Trump administration announced measures to ease restrictions on the export of these companies' chips to China. Lawmakers also cited the purchase of Axon Enterprises stock on February 10th, approximately two weeks before Immigration and Customs Enforcement (ICE) announced a $220 million Taser contract.

What explanation did Trump give?

Trump has previously denied the allegations, saying his money is managed by funds and that he doesn't interact with the institutions that handle his investments. "My money is managed by funds. They invest my money, and I don't interact with them," Trump said in July.

Who keeps track of Trump's trading?

Trump's assets and stocks are managed under a revocable trust, the sole trustee of which is his eldest son, Donald Trump Jr. Eric Trump has stated that his stock portfolio and investments are held entirely in discretionary accounts (accounts in which the manager has sole authority over investment decisions) managed by independent third-party entities.

The Trump Organization has flatly dismissed the allegations as a "political stunt." They maintain that Trump himself is not involved in these trading decisions, which are based on automated and direct indexing strategies. Trump and his family have no advance knowledge of these trades.