President Donald Trump’s son Eric defended his father Friday as the president faces scrutiny for making millions of dollars worth of stock trades over the last few months—as his administration had dealings with many of those companies—with Eric Trump claiming it’s “blatantly false” to suggest any of the family’s securities trades pose a conflict.
President Donald Trump (R) and his son Eric Trump (L) walk to Marine One before departing from the White House on April 10.
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A financial disclosure listing the president’s securities trades between January and March came out on Thursday, showing him buying and selling shares of companies like Nvidia, Palantir, Meta and Paramount Skydance.
Eric Trump responded Friday to a post by Sen. Elizabeth Warren, D-Mass., who criticized the president for bringing Nvidia CEO Jensen Huang on his recent trip to China in an apparent effort to help Nvidia sell AI chips to Beijing—all while the president apparently held Nvidia stock.
The president’s son claimed the Trump family’s assets are entirely controlled through a blind trust and their securities are in market indexes, writing on X, “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.”
Donald Trump’s financial disclosure shows he made between $220 million and $750 million worth of securities trades in the first quarter of 2026, as tallied by Reuters, but does not disclose who made the trades, the exact type of securities, or any trades below $1,000.
The president has generated controversy for a number of specific trades, such as purchasing Nvidia stock right before his administration approved the company selling chips to China, and buying Palantir stock as the company inked a $1 billion agreement with the Department of Homeland Security.
Forbes estimates Trump’s net worth at $6.2 billion as of Friday afternoon, which includes an estimated $1.3 billion in liquid assets like securities.
Trump made thousands of stock trades in the first quarter of this year alone, according to his disclosures. Trump’s largest purchases, valued at between $1 million and $5 million, were for companies including Nvidia, Adobe, Oracle, Microsoft, Procter and Gamble, Texas Instruments, Motorola, Amazon, Costco, Dell, Boeing, Uber and Apple. Trump’s holdings also include companies like Disney, Paramount Skydance, Warner Bros, Doordash, Chipotle, Pinterest, Alphabet, Philip Morris, Altria, Honeywell, Ebay, Home Depot, Walmart and Meta, among numerous others.
While Trump’s disclosure Thursday revealed his securities trades, another disclosure is set to be soon released that will detail the president’s other financial assets, as Trump continues to amass wealth while in the White House through his cryptocurrency holdings, licensing deals and other business ventures. Trump’s assets are controlled through a blind trust, but the president has not divested from his business, allowing him to controversially profit off his time in the White House.
Like Eric Trump, a spokesperson for the Trump Organization told Reuters Thursday the president’s stock holdings “are maintained exclusively through fully discretionary accounts independently managed by third-party financial institutions with sole and exclusive authority over all investment decisions.” Trump, his family members and his company do not play “any role in selecting, directing, or approving specific investments,” and “receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind.”
Legislation has been introduced in Congress that would ban the president, along with lawmakers, from trading stocks, but after advancing out of a Senate committee last year, the legislation has stalled and remains a longshot to pass in the Republican-controlled Congress. While Republicans attempted to carve the president out of the legislation when it was discussed last summer, Sen. Josh Hawley, R-Mo., voted with Democrats to keep the ban on the president’s stock trades in the bill, the Associated Press notes. That prompted an angry response from Trump, who chided Hawley and wrote on Truth Social, “I don’t think real Republicans want to see their President, who has had unprecedented success, TARGETED, because of the ‘whims’ of a second-tier Senator.”
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