President Donald Trump publicly criticized ExxonMobil and Chevron for excessive profits while his own holdings in these companies continued to appreciate significantly. Financial disclosures reveal his accounts executed thousands of energy stock trades in the first quarter of 2026, with purchases totaling up to $3.6 million. His oil and gas holdings appreciated by an average of 39% since the end of 2025, adding as much as $15.5 million to his net worth. The Senate Joint Economic Committee valued his energy holdings between $12.5 million and $45.6 million by mid-August. This situation raises conflict of interest questions, particularly since Trump has not placed his assets in a blind trust, unlike previous presidents.
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