Trump Faces Fine for Late Disclosure of Stock Trades

U.S. President Donald Trump has been fined $200 for failing to disclose stock trades within the legally required 45-day period, according to Odaily. This marks the third time this year he has been penalized for the same violation. In February, Trump sold between $5 million and $25 million worth of Microsoft and Amazon shares, and repurchased them in March. Notably, Trump also purchased Nvidia stock on February 10, shortly before Nvidia announced a multi-year partnership with Meta, which led to a 2.5% increase in Nvidia's stock price. Additionally, his trades in Microsoft and Amazon occurred months before the Pentagon awarded confidential computing network technology contracts to these companies. During his second term, Trump did not sell his stock portfolio, which is held in a trust managed by his children, differing from the blind trust arrangements typically used by past presidents. Despite multiple proposals from both parties in Congress to ban stock trading by officials during their tenure, legislative progress has stalled.