On February 10, 2026, President Trump disclosed buying between $1 million and $5 million in stock in Axon Enterprise, the company that makes Tasers. Two weeks later, his own Immigration and Customs Enforcement posted a notice seeking up to $220 million in stun weapons, with specifications that procurement experts say match Axon's products and would shut out other vendors. Axon's stock jumped about 10% when the timeline came to light.
The White House says there is no conflict of interest because the president's assets sit in a trust run by his children. But the federal ethics office has said for years that a trust your own children manage is not a blind trust and does not remove a conflict. The president knows what he owns, because he discloses it. He is also personally exempt from the conflict-of-interest law that binds every other federal official, which is exactly why past presidents promised to divest or use a real blind trust. This president has not.
I am asking you to do two things. Open an oversight investigation into the timing of this purchase and the ICE solicitation, including whether the contract specifications were written to fit a single company. And pass the Presidential Conflicts of Interest Act to require the president to divest or place assets in a qualified blind trust, so no president can profit from contracts his own government hands out. A law the most powerful person in the country gets to ignore is not much of a law.
