‘Outright Lies’: House Dem Posts Receipts After Eric Trump Denies Family Investments
Rep. Don Beyer (D-Va.) linked to a newly released financial disclosure form that disproves an assertion from President Donald Trump's son.
Representative Don Beyer (D-VA)—citing concrete documentary evidence—leveled scathing criticism at Eric Trump on social media on Friday, after the President’s son claimed that his father’s assets were held in a “blind trust” that neither buys nor sells individual stocks.
“These are outright lies,” Mr. Beyer wrote on Friday on the platform X (formerly Twitter). “Trump’s assets are not held in a blind trust; on the contrary, he bought and sold individual Nvidia shares across 15 separate transactions totaling millions of dollars. That is what Trump’s financial disclosure indicates—bearing his own personal signature. See for yourselves.”
The Democratic representative from Virginia then attached a link to the financial disclosure form, which confirms that Donald Trump acquired Nvidia shares worth up to one million dollars earlier this year—just days before the company received authorization to sell advanced computer chips to China.
Mr. Beyer’s reaction comes amidst a controversy that erupted this week following President Donald Trump’s visit to China, during which he was accompanied by a large delegation of technology business leaders, including Jensen Huang, the CEO of Nvidia.
On Thursday, the U.S. Office of Government Ethics released a disclosure document revealing that Donald Trump had made thousands of individual stock purchases during the first quarter of 2026. This prompted Senator Elizabeth Warren (D-MA) to sound the alarm on social media, particularly regarding shares of the company Nvidia.
“Trump brought the NVIDIA CEO on his trip to China to lobby [President] Xi Jinping to buy advanced AI chips, even though it would create a U.S. national security threat,” Warren wrote Friday on X. “It turns out Trump also bought millions in NVIDIA’s stock.”
In response, Eric Trump reposted Ms. Warren’s tweet, asserting that all of his father’s assets—without exception—are held entirely within a “blind trust.” He further characterized as a “complete and total lie” any suggestion that “anyone within the Trump family” would buy or sell individual stocks, before addressing Warren directly: “I hope you can rise above this…”
This prompted Beyer’s response, which pointed to the disclosure form.
This document—which spans 113 pages—reveals that Donald Trump executed 2,345 purchases, primarily involving individual stocks, over the past year, in addition to carrying out 1,296 sales of those same stocks. Trump signed this document on May 8, 2026—one week prior to his arrival in China, where he was accompanied by Jensen Huang.
A user on the platform “X” wrote: “The President’s purchase of Nvidia stock—just one week before his own Commerce Department authorized the company to sell one of our most valuable assets to our primary geopolitical adversary—constitutes an act of corruption that defies belief, and proves far more corrupt than anything ever uncovered regarding Hillary Clinton’s email server.” »
During his first term, Trump asserted that there were no conflicts of interest regarding his financial affairs, given that his assets had been placed in a “blind trust.” However, the director of the ethics agency at the time, Walter Shaub, declared that this trust was “not even half-blind,” before submitting his resignation in July 2017.
Trump has amassed an immense fortune since entering the political arena; in March, Forbes magazine reported that the President had a net worth of $6.5 billion and was in the process of “monetizing his presidency,” noting that he had added $1.4 billion to his coffers since launching his 2024 election campaign.
