Vance defends stock trading spree in Trump financial filings: 'Come on, man' — SkimNews
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- JD Vance defended Trump, stating the president does not personally trade stocks and that independent wealth advisors and third‑party accounts manage all transactions.
- The financial disclosures released Thursday listed over 3,700 stock trades worth hundreds of millions of dollars in the first quarter of 2026, including purchases of Palantir Technologies after Trump publicly praised the company.
- Davis Ingle said Trump's assets are held in a trust managed by his children and asserted there are no conflicts of interest.
- Trump Organization spokesperson explained that Trump's investment holdings are maintained through fully discretionary, third‑party‑managed accounts that execute trades automatically without any input from Trump or his family.
- JD Vance reiterated his support for banning congressional stock trading, saying no public official should use proprietary information from public service for personal trades.
Why it matters: Investors and ethics watchdogs watch closely as the disclosed 3,700 trades—totaling hundreds of millions—could fuel calls for tighter conflict‑of‑interest rules, while Trump’s allies claim the arrangements eliminate any personal gain.
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