US President Donald Trump purchased up to $2 million worth of corporate bonds issued by Netflix and Warner Bros Discovery, according to a financial disclosure released by the White House.
How Much Did Donald Trump Invest
The disclosure shows Trump bought four bond tranches in total. Two were from Netflix and two from Warner Bros Discovery through Discovery Communications LLC.
- Each bond purchase was valued between $250,001 and $500,000
- Total investment ranges from $1 million to $2 million
- Purchases were made on December 12 and December 16
When Did the Investment Happen
The bond purchases happened just days after Netflix announced its plan to acquire Warner Bros Discovery in a deal valued at around $82.7 billion.
Netflix revealed the deal in early December. Trump began buying the bonds a little over a week later.
Why Is This Raising Concerns
The investment has drawn attention because Trump publicly stated that he would be involved in the regulatory review of the Netflix Warner Bros Discovery merger.
On December 7, Trump told reporters at the Kennedy Center that the combined company would have a very large market share and that he would take part in the decision process.
What Did Trump Say About the Merger
Trump said the merger would significantly increase Netflix market power after acquiring Warner Bros assets. He added that economists would review the impact and confirmed his involvement in the final decision.
Political and Regulatory Reaction
The deal has already faced strong opposition from US lawmakers. Senator Elizabeth Warren called the merger an anti monopoly nightmare and warned it could harm competition in media and streaming markets.
Any approval of the deal requires regulatory clearance, making Trump investment timing a key topic of debate.
Other Media Industry Developments
One day after Trump comments, Paramount Skydance launched a $108.4 billion hostile takeover bid. The offer is backed by David Ellison and Larry Ellison, both known to have friendly ties with the Trump administration.
Trump Wider Bond Investments
The disclosure also shows Trump purchased nearly $100 million worth of municipal and corporate bonds between mid November and late December.
His bond portfolio includes companies such as Boeing, General Motors, SiriusXM, Macy’s, and Occidental Petroleum.
Key Questions Answered
Did Trump buy Netflix and Warner Bros bonds
Yes. He bought up to $2 million worth of bonds shortly after the merger announcement.
Was the purchase legal
The purchases were disclosed publicly and are subject to existing ethics and regulatory review processes.
Why does it matter
Trump said he would be involved in approving the merger, which raises concerns about conflict of interest.
Conclusion
Donald Trump bond purchases in Netflix and Warner Bros Discovery came at a sensitive moment when the proposed merger was entering regulatory review. While the investments were disclosed, the timing has triggered scrutiny from lawmakers, economists, and the public as the deal awaits approval.
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