President-elect Donald Trump took to Truth Social on Friday to reiterate that he doesn't plan to sell shares of Trump Media & Technology Group. He also called for an investigation from 'the appropriate authorities' into 'market manipulators or short sellers,' whom executives at the company and shareholders have previously blamed for volatility in the stock, which trades under the ticker symbol DJT.
Although there's no requirement that presidents sell their financial assets when they take office, most U.S. presidents have opted to put their business holdings into a blind trust, according to the Brennan Center for Justice, a nonpartisan law and policy institute. A blind trust is managed by an independent trustee, and the president or other official who created the trust isn't allowed to advise or consult with the trustee on business decisions.