President Trump and his money managers made more stock trades since his second term started than <a href="https://www.bloomberg.com/graphics/2026-trump-stock-trades-congress/"target="_blank" >all members of Congress combined</a>. The White House says there is no conflict of interest. Today on the show, we look at three companies he’s traded in that raise ethical flags because of their relationship with the federal government.  Fact checking by <a href="https://www.npr.org/people/1268825622/sierra-juarez"target="_blank" >Sierra Juarez</a>. Your Next Listen — <a href="https://lnk.to/NWu0suWE"target="_blank" >Did Trump enable insider trading?</a> Connect with The Indicator — Sign up for <a href="https://npr.org/indicatornewsletter"target="_blank" >The Indicator’s weekly newsletter</a>! — Buy the <a href="https://lnk.to/i3AukBdDWE"target="_blank" >Planet Money book</a> — Find our <a href="https://linktr.ee/indicator_npr"target="_blank" >socials, YouTube and more</a>! — For sponsor-free episodes, <a href="https://plus.npr.org/"target="_blank" >subscribe to NPR+</a>  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at <a href="http://plus.npr.org"target="_blank" >plus.npr.org</a>.  See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. <a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

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