Trump Purchased Netflix, Warner Bonds in Days After Deal Announcement

President Trump purchased up to $2 million of Netflix and Warner Bros. Discovery bonds in December in the days after the streaming giant agreed to buy Warner’s studios and HBO Max streaming business for $72 billion.

A financial disclosure form released by the White House showed that Trump bought between $250,001 and $500,000 of Netflix NFLX -0.06%decrease; red down pointing triangle bonds on Dec. 12, and again on Dec. 16. He also bought bonds valued in that range for Discovery Communications LLC, a Warner subsidiary, on the same dates.