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International Business Times UK
International Business Times UK
Politics
Ma. Kyla Morco

Trump Made Over 14,000 Trades Worth $1.06B: Democrats Push Stock Trading Ban for President

Trump's disclosures reignite debate over whether US presidents should own and trade individual stocks while in office. (Credit: Wikimedia Commons)

Donald Trump's reported stock trading activity has reignited calls in Washington to ban US presidents from owning individual shares after Democratic lawmakers questioned whether the scale of the transactions creates unavoidable conflicts of interest.

Senator Elizabeth Warren and Representative Robert Garcia have demanded further details about the investment managers responsible for Trump's portfolio after financial disclosures showed more than 14,000 trades worth up to $1.06 billion during his latest term in office. The pair say the disclosures strengthen the case for legislation preventing the president, vice-president, and members of Congress from owning individual stocks.

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