Story perspectives

Trump Invests $2 Million in Netflix, Warner Bros. Bonds

1/19/2026

Summary

Story summary

U.S. President Donald Trump purchased up to $2 million in corporate bonds from Netflix and Warner Bros. Discovery between December 12 and 16, 2025, after their merger announcement.
The White House disclosure notes that Trump criticized Netflix's market power, saying it would dominate post-merger.
He indicated he would be involved in regulatory decisions regarding the deal.
Officials say the investments are independently managed, though it remains unclear who executed them.

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Story summary

U.S. President Donald Trump purchased up to $2 million in corporate bonds from Netflix and Warner Bros. Discovery between December 12 and 16, 2025, after their merger announcement.
The White House disclosure notes that Trump criticized Netflix's market power, saying it would dominate post-merger.
He indicated he would be involved in regulatory decisions regarding the deal.
Officials say the investments are independently managed, though it remains unclear who executed them.