00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Trump bought at least $1 million worth of bonds in Netflix and Warner Brothers Discovery,
00:07according to The Guardian. A financial disclosure released by the White House on Friday shows Trump
00:13made two bond purchases in Netflix and two in Warner Brothers Discovery, each worth at least
00:18$502,000. The transactions occurred on December 12th and December 16th, shortly after Netflix
00:25agreed to buy Warner Brothers Discovery in an $82.7 billion deal. Trump said earlier he would be
00:31involved in the regulatory review of the merger. The deal has drawn criticism from lawmakers and
00:36labor groups. The disclosure also shows Trump bought about $100 million in municipal and
00:42corporate bonds from mid-November through late December. An administration official said the
00:46portfolio is managed independently by third parties. For all things money, visit Benzinga.com.
