Rep. Don Beyer publicly challenged Eric Trump on social media Friday after Eric insisted that all of President Donald Trump’s assets were held in a blind trust that did not buy or sell individual stocks. Beyer pointed to financial disclosures showing the president personally traded millions in individual Nvidia stock.
Beyer’s Social Media Response
On X, Beyer wrote, “Outright lies. Trump’s assets aren’t in a blind trust, and he bought and sold individual Nvidia stock in 15 separate transactions totaling millions of dollars. That’s what Trump’s financial disclosure – which has his signature – says. See for yourself.” Beyer linked to a disclosure form confirming that Donald Trump purchased up to $1 million in Nvidia shares just days before the company was authorized to sell advanced AI chips to China.
The post is part of a larger debate following Trump’s recent visit to China, accompanied by a group of tech CEOs, including Nvidia CEO Jensen Huang. The trip prompted scrutiny of potential conflicts of interest and the timing of Trump’s financial trades.
Eric Trump’s Claims
Eric Trump responded to criticism from Sen. Elizabeth Warren, who had highlighted Trump’s Nvidia purchases in a social media post. Eric insisted that all of his father’s assets are held in a blind trust and called claims that any family member trades individual stocks “a lie and blatantly false.”
Beyer countered by pointing directly to the disclosure form that shows the president made 2,345 stock purchases and 1,296 sales in the first quarter of 2026, including multiple Nvidia transactions signed on May 8 — just a week before Trump traveled to China with Huang.
Ethics Concerns and Public Reactions
Critics note that Trump’s purchases raise potential conflicts of interest, particularly given the timing relative to U.S. government approvals allowing Nvidia to sell advanced computer chips to China.
One social media user commented, “The president purchasing Nvidia shares a week before his own Commerce Department allows them to sell one of our most valuable assets to our main geopolitical opponent is unfathomably more corrupt than anything on Hillary Clinton’s email server.”
The controversy echoes prior ethics concerns. During his first term, Trump claimed his assets were in a blind trust, though former Director of the U.S. Office of Government Ethics, Walter Shaub, stated the trust was “not even halfway blind” and resigned in 2017.
Trump’s Wealth and Financial Activity
Since entering politics, President Trump has significantly grown his fortune. According to Forbes, Trump has a net worth of $6.5 billion as of March 2026 and has added approximately $1.4 billion since his 2024 reelection, raising additional questions about potential conflicts between public office and private financial interests.
