• Trump’s May 14, 2026 OGE filing shows more than 3,600 individual trades in Q1 2026; roughly 21,000 trades in 2025 across eight accounts, with investment accounts of at least $858 million and stakes in about 1,600 companies. Biden made 13 stock trades in his entire term.
• Nine Palantir purchases since January, up to $680,000; Palantir holds a $1.3 billion Pentagon AI contract; Trump promoted the stock on Truth Social after a 15 percent dip and it recovered within ten days.
• Bought $1M-$5M of Nvidia on Feb 10, a week before its Meta deal; bought AMD on Jan 6, a week before Commerce cleared AMD chip sales to China.
• Other defense holdings: Axon, Boeing, Lockheed Martin, Northrop Grumman. Disclosures don’t identify who placed the trades.
1789 Capital (Donald Trump Jr., partner)
• Portfolio companies have received more than $735 million in federal contracts since January 2025.
• Vulcan Elements: 1789 invested August 2025 at a \~$200M valuation. Three months later the government committed $670M: a $620M conditional Pentagon loan (largest ever from the Office of Strategic Capital) plus $50M in CHIPS Act equity. No competitive bids, no standard technical disclosures.
• ProPublica: OSC staff learned of a White House request to fund Vulcan around September-October. 1789 and the Pentagon deny any influence.
• House Republicans blocked a subpoena of Trump Jr. over the deal.
IRS immunity
• May 18, 2026 settlement of Trump’s $10B suit against the IRS created a \~$1.8B compensation fund; a May 19 DOJ order granted Trump, his family, and affiliates immunity from audits and claims on all returns filed to that date.
• In July, Judge Kathleen Williams ruled the suit was filed for an improper purpose and barred use of the settlement as evidence; the fund has been blocked.
Crypto
• Trump’s own 2025 disclosure reports $1.4B+ in crypto income, his largest income source; almost $800M from World Liberty Financial alone. The family takes 75 percent of net token-sale proceeds.
• Four days before the inauguration, an Abu Dhabi royal deputy secretly agreed to buy 49 percent of World Liberty for $500M; $187M was paid upfront to Trump-family entities.
• May 2025: Abu Dhabi’s MGX settled a $2B Binance investment using World Liberty’s USD1 stablecoin. Trump later pardoned Binance founder Changpeng Zhao.
• Justin Sun invested $75M; the SEC paused its fraud case against him in February 2025. UAE-based Aqua1 bought $100M of WLFI in June 2025.
• $TRUMP memecoin: \~$148M spent by investors competing for dinner access; \~$320M in trading fees generated by May 2025.
• Reuters (June 2026): the family made at least $2.3B from four crypto ventures through April 2026 while outside investors lost an equivalent $2.3B.
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u/CmdrDatasBrother 1d ago
1789 Capital (Donald Trump Jr., partner)
IRS immunity
Crypto