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By Nandita Bose<\/p>\n
WASHINGTON, Jan 16 (Reuters) – U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds \u200bfrom mid-November to late December, his latest disclosures showed, \u200cincluding up to $2 million in Netflix and Warner Bros Discovery bonds just weeks \u200cafter the companies announced their merger.<\/p>\n
Financial disclosures posted Thursday and Friday showed the majority of Trump’s purchases were municipal bonds from cities, local school districts, utilities and hospitals. But he also bought \u2060bonds from companies including \u200cBoeing Occidental Petroleum and General Motors.<\/p>\n
The investments were the latest reported assets added to Trump’s expanding portfolio \u200dwhile he is in office. It includes holdings in sectors that benefit from his policies, raising questions about conflicts of interest.<\/p>\n
For example, Trump \u200bsaid in December he will have a say in whether \u200cNetflix can proceed with its proposed $83 billion acquisition of Warner Bros Discovery, which faces a rival bid from Paramount Skydance. Any deal to acquire Warner Bros will need regulatory approval.<\/p>\n
A White House official, who spoke on the condition of anonymity, said on \u2060Friday that Trump’s stock and bond \u200bportfolio is independently managed by third-party \u200bfinancial institutions and neither Trump nor any member of his family has any ability to direct, influence \u200dor provide input \u2060regarding how the portfolio is invested.<\/p>\n
Like many wealthy individuals, Trump regularly buys bonds as part of his investment portfolio. \u2060He previously disclosed at least $82 million in bond purchases from late August to \u200cearly October.<\/p>\n
(Reporting by Nandita Bose in Washington; Editing by \u200cSergio Non and Cynthia Osterman)<\/p>\n<\/p><\/div>\n