The HuffPost reported that President Donald J. Trump had purchased between $15,000 and $50,000 work of stock in TKO Group Holdings, which is the parent company of UFC and WWE.
It was reported that Trump’s purchase of TKO stock on was revealed in Trump’s May 12th disclosure filing. This stock reportedly was purchased on March 26th.
It was reported that Trump’s proclivity toward “purchasing stocks in companies ahead of actions by his own administration favorable to those same companies.” White House officials reportedly claim that Trump does not decide what stocks to buy and sell and instead those decisions are made by his financial advisers.
Trump is currently scheduled to be hosting UFC’s Freedom 250 MMA event on June 14th on the White House South Lawn. This date is notable for also being Trump’s birthday.
Besides UFC, WWE also currently has ties to the current Trump Administration with WWE CCO Paul “Triple H” Levesque being a member of the President’s Council on Sports, Fitness and Nutrition and Linda McMahon being the current U.S. Secretary of Education. Zoe Hines, niece of U.S. Secretary of Health and Human Services Robert F. Kennedy Jr., was signed by WWE this past March.
WWE talents Charlotte Flair, Bron Breakker, Trick Williams, The Usos (Jimmy & Jey Uso), The Miz, and Tiffany Stratton are currently scheduled to appear at UFC’s Fan Fest event on June 13-14 in Washington, D.C.
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