Inside Trump's 3,700 Trades — ft. Anthony Scaramucci

The episode examines President Trump's disclosure of more than 3,700 stock trades in the first quarter, a pace exceeding forty transactions per day with total values estimated between $220 million and $750 million. Anthony Scaramucci, founder of Skybridge Capital, joins to assess the timing of these purchases relative to administration policy decisions and the broader implications for ethics enforcement.

Scale and Timing of the Trades

Trump purchased at least $1 million each in shares of NVIDIA, Oracle, Microsoft, Boeing, and Costco, among other holdings. Several purchases aligned closely with subsequent policy actions. On January 6 he bought NVIDIA stock, and on January 14 the administration approved NVIDIA chip sales to China. On January 12 he acquired Oracle shares; roughly a week later the administration finalized Oracle’s stake in TikTok. He also bought Boeing shares ahead of announcements that China would purchase large numbers of its jets. In the Palantir case, purchases preceded a public post from the president that explicitly referenced the ticker symbol PLTR. Scaramucci notes that the volume alone is unusual for a sitting president and that the pattern of trades around material announcements raises direct questions about access to non-public information.

Legal Distinctions and Statutory Gaps