"Eric Trump insisted on Friday that his family's assets are invested in a blind trust that does not buy or sell individual stocks, but his claim was quickly rebutted by a congressman who linked to thousands of transactions indicating otherwise. President Donald Trump disclosed a slew of stock trades from the first quarter, totaling between $220 million and $750 million, according to a filing released by the U.S. Office of Government Ethics on Thursday. The filing shows thousands of individual stock purchases and sales in a wide array of companies."
"Eric Trump responded to the post by saying all family assets are in a blind trust and are in broad market indexes, as opposed to individual stocks: All of our assets are invested in a blind trust by the largest financial institutions in broad market indexes. To suggest that individual stocks are being bought or sold, at the discretion of any member of the Trump family, would be a lie and blatantly false. Using a silly example, if you buy the Schwab 1000, you will get some exposure to Nvidia as well as a 1,000 other U.S. companies large- and mid-cap stocks."
"Please be better than this Rep. Don Beyer (D-VA) responded by linking to the disclosure signed by Donald Trump himself. Outright lies, Beyer said. Trump's assets aren't in a blind trust, and he bought and sold individual Nvidia stock in 15 separate transactions totaling millions of dollars. That's what Trump's financial disclosure"
Eric Trump said family assets are invested in a blind trust that does not buy or sell individual stocks and instead tracks broad market indexes. A U.S. Office of Government Ethics filing released Thursday reported thousands of individual stock purchases and sales across many companies, with President Donald Trump disclosing stock trades in the first quarter totaling between $220 million and $750 million. The filing included Nvidia stock activity, and Eric Trump was linked to Nvidia-related China trip lobbying concerns raised by Sen. Elizabeth Warren. Rep. Don Beyer rebutted Eric Trump’s claim by pointing to Donald Trump’s signed disclosure and citing multiple Nvidia transactions totaling millions of dollars.
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