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Trump’s Stock Buys Spark Ban Push, $200 Fine

5/21/2026

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Story summary
  • President Donald Trump bought Micron, Dell, Apple and Thermo Fisher in March 2026 and praised each firm, a “buy-and-pump” scheme.
  • Rep. Seth Magaziner said the trades show self-enrichment and urged a ban on stock trading for Congress and the president.
  • Sen. Kirsten Gillibrand called the behavior a betrayal of citizens and co-authored a companion to the ban.
  • Trump missed several 45-day reporting deadlines and was fined $200 for late disclosures.