Amid the dispute over the acquisition of Warner Bros. Discovery, President Donald Trump’s trust made a purchase between $500,000 and $1 million on January 2 and another between $100,000 and $250,000 on January 20.
The information was shared by the U.S. Office of Government Ethics on Wednesday (4).
The new transactions add to the $500,000 to $1 million in Netflix debt securities the president purchased in December 2025, shortly after the streaming giant announced its initial bid for Warner Bros. Discovery.
Trump also bought at least $500,000 in shares of the company in December, although the company’s shares did not appear in his January disclosure.
Netflix CEO Ted Sarandos said he was unable to get his proposal to acquire Warner approved. According to the New York Post, Sarandos failed to convince U.S. government authorities.
Netflix did not raise its offer to match the $111 billion deal from David Ellison of Paramount Skydance and withdrew from the purchase.
The White House stated that Trump’s assets are in a trust managed by his children and overseen by financial advisors, therefore there is no conflict of interest.
White House spokesperson Anna Kelly said in a statement that “President Trump acts only in the best interest of the American public.”
The president said in 2025 that he would not be involved in the review of the Warner Bros. deal.
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