Trump Embarks on $104 Million Bond-Buying Spree in Office (1)

President Donald Trump has bought hundreds of bonds since he returned to office, including those sold by US companies affected by the sweeping changes to federal policies he’s championed.

The 690 transactions, the first of which was made the day after his inauguration, total at least $103.7 million, according to a document released by the White House on Tuesday that disclosed the billionaire’s investing activity this year through early August.

In addition to municipal bonds issued by local governments, school boards, airport authorities and gas districts, Trump bought corporate debt in tranches of at least $500,000 each from Qualcomm Inc. ...