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Trump Bought Stock in UFC Parent While Promoting White House Fight

financeMay 29, 202632414

President Donald Trump bought up to $50,000 of TKO Group Holdings stock while promoting a UFC event tied to his White House birthday plans, HuffPost reported. TKO Group Holdings is the parent company of the Ultimate Fighting Championship and World Wrestling Entertainment, and the purchase coincided with Trump’s promotion of a White House screening and celebration around the fight. The timing raises conflict-of-interest concerns because White House promotion can increase the parent company’s visibility and potentially benefit Trump’s personal investment, blurring the line between official events and private financial gain.

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