Trump Trust Bought Stock In Taser Company Two Weeks Before ICE Said It was Shopping For Tasers

President Donald Trump’s trust managers made a major stock purchase in a company that provides tasers two weeks before ICE posted a notice that it planned to buy $220 million worth of the weapon, according to a new report.

President Trump’s May filing to the U.S. Office of Government Ethics states that his trust made a purchase of between $1 million and $5 million in stock in a company called Axon Enterprise. Axon is the primary maker of tasers used by the federal government.

Two weeks after the stock purchase, ICE announced it was shopping for 17,800 Tasers.

The White House told CNBC that Trump’s business interests are held in a trust and managed by third parties, meaning that Trump has no say over the transactions. The network noted that there is no evidence that Trump knew the stock purchase happened or that Axon was aware that Trump had become a shareholder.

“There are no conflicts of interest,” spokesperson Anna Kelly told CNBC.

Trump, like other elected and government officials, has to make disclosures to the U.S. Office of Government Ethics. Trump’s latest disclosure was made on May 8. It numbered 113 pages, cataloging over 3,700 transactions. The Axon stock purchase was included in the May filing.

The Axon purchase was only one of several purchases disclosed between $1 million and $5 million. Some of the other companies that Trump invested in according to the filing include Nvidia, Boeing, Dell, Uber, and Costco.

ICE has not finalized who will be awarded the massive Taser contract. But, CNBC reported that Axon makes about 90 percent of U.S. tasers and the company already supplies the federal government with tasers. According to CNBC the purchase would quadruple the number of Tasers ICE has in use. It also would replace several thousand existing Tasers.