Rep. Don Beyer (D-Va.) — bearing precise receipts — known as out Eric Trump on social media Friday after the president’s son insisted that the belongings of his father are in a blind belief that doesn’t purchase or promote particular person shares.
“Outright lies,” Beyers wrote Friday on X. “Trump’s belongings aren’t in a blind belief, and he purchased and bought particular person Nvidia inventory in 15 separate transactions totaling tens of millions of {dollars}. That’s what Trump’s monetary disclosure – which has his signature – says. See for your self.”
The Virginia Democrat then linked to a disclosure kind that confirms Donald Trump bought as much as $1 million in Nvidia inventory this yr — mere days earlier than the corporate was granted permission to promote superior pc chips to China.
Beyer’s response is a part of the discourse that swelled this week following President Donald Trump’s go to to China with a herd of tech CEOs in tow, together with Nvidia’s Jensen Huang.
On Thursday, the U.S. Workplace of Authorities Ethics launched a submitting displaying 1000’s of particular person inventory purchases by Donald Trump throughout the first quarter of 2026, prompting Sen. Elizabeth Warren (D-Mass.) to sound the alarm on social media, particularly about Nvidia.
“Trump introduced the NVIDIA CEO on his journey to China to foyer [President] Xi Jinping to purchase superior AI chips, although it might create a U.S. nationwide safety risk,” Warren wrote Friday on X. “It seems Trump additionally purchased tens of millions in NVIDIA’s inventory.”
In response, Eric Trump quoted Warren’s publish and claimed that each single asset of his father’s is wrapped up in a blind belief, and known as the suggestion that “any member of the Trump household” buys or sells particular person shares “a lie and blatantly false” earlier than asking Warren, “Please be higher than this…”
This prompted Beyer’s response, which pointed to the disclosure kind.
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The 113-page doc exhibits Donald Trump engaged in 2,345 purchases of principally particular person shares this yr and in 1,296 gross sales of the identical. He signed the doc on Could 8, 2026, one week earlier than he arrived in China, accompanied by Huang.
“The president buying Nvidia shares per week earlier than his personal Commerce Division permits them to promote considered one of our Most worthy belongings to our foremost geopolitical opponent is unfathomably extra corrupt than something on Hilary Clinton’s electronic mail server,” wrote one X consumer.
Trump claimed throughout his first time period that there have been no conflicts of curiosity concerning his funds as a result of his belongings have been stored in a blind belief, just for then-head of the ethics company, Walter Shaub, to state it was “not even midway blind” — and resign in July 2017.
Trump has made a fortune since getting into politics, with Forbes reporting in March that the president has a $6.5 billion web value, is “leveraging his presidency for revenue” and has added $1.4 billion to his coffers since his 2024 reelection.