Trump discloses over 1,000 new stock trades as Democrats highlight his profitable oil sector holdings

President Trump executed more than a thousand stock trades in June, according to a recently disclosed ethics statement. This revelation, despite political scrutiny over potential profits, comes as midterm elections loom.

Democratic lawmakers analyzed Trump's personal investments in oil and gas stocks, finding that they have been profitable in 2026. The assets could be worth up to $61.1 million, up from $45.6 million at year-end 2025, as high gas prices due to the Iran conflict have boosted energy sector stocks.

Trump's trading activity in June averaged over 30 trades per day, with a value ranging between $78 million and $263 million. This follows a series of questionable transactions since Trump's inauguration, but has intensified in 2026, drawing intense criticism.

One notable transaction was a $15,000 to $50,000 investment in SpaceX on June 23, when the company went public. Trump also traded in other high-profile stocks like Tesla and Magnificent Seven companies, making three purchases of Tesla totaling between $130,000 and $350,000 and one sale of between $100,000 and $250,000.

Democrats on the Joint Economic Committee highlighted the political sensitivity of oil and gas stocks. They noted that Trump held up to $61.1 million in oil and gas stocks by the end of 2025, which may have grown with the escalation of the Iran conflict in early 2026.

Sen. Maggie Hassan criticized Trump for profiting from an illegal war he initiated, while American citizens bear the financial burden. The ethics disclosures only require broad ranges, so the exact composition and profits of Trump's oil stocks could be lower.

However, the report underscores a potential political vulnerability for Trump as US gas prices remain high. The Trump Organization, managing Trump's accounts, insists that trades are made without any input from Trump or his family, with financial institutions holding sole authority over investment decisions.