Trump’s Netflix bond purchases raise eyebrows
White House disclosures reveal President Trump bought between $600,002 and $1.25 million in Netflix bonds in January, supplementing up to $1 million purchased in December. The filings, signed February 26, coincided with Netflix’s withdrawal from its $83 billion Warner Bros. Discovery bid that same day. While officials insist the investments track market indexes without Trump’s direct input, the timing has drawn scrutiny given the ongoing corporate battle.
Lawmakers question potential conflict of interest
Democratic lawmakers sent a letter to Attorney General Pam Bondi seeking transparency over Netflix CEO Ted Sarandos’ meetings in Washington during the merger talks. They asked whether political influence from the Trump administration contributed to Netflix abandoning its bid, potentially aiding Paramount’s victory. The White House maintains it stayed neutral, with a spokesperson noting both Netflix and Paramount had 'great relationships' with the president.
The corruption is out in the open now. One of the hallmark's of authoritarian rule.