Trump Says Advisers Traded 40,000 Stocks — Now Senator Alex Padilla Wants to Ban Presidential Stock Trading: 'We're Going to Stop This'

Senator Alex Padilla, a Democrat representing California, has intensified his efforts to implement a ban on stock trading for both members of Congress and the President of the United States. This legislative push follows the circulation of a video featuring Donald Trump discussing the scale of his financial portfolio and the frequency of trades made on his behalf. Padilla argues that such financial activities create significant concerns regarding potential conflicts of interest within the highest levels of the federal government.
Trump Discusses Trading 40,000 Stocks
The controversy stems from a clip taken from an interview Trump conducted with CBS 60 Minutes. In the footage, the former president addressed reports regarding his investment activity. Trump stated: So it came out that I trade– traded, like, 40,000
Source: benzinga.com · 2026-11-10