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Joe Biden poised to ride out the stock market swoon with nearly $2 million in cash


Joe Biden poised to ride out the stock market swoon with nearly $2 million in cash and some mutual fund trades, financial disclosures reveal

  • The White House released annual financial disclosures Friday afternoon
  • Biden has holdings in multiple bank accounts
  • He earns $400,000 a year as president
  • Engaged in sales and purchase of mutual fund holdings 
  • The S&P 500 dropped by more than 2 per cent this week 
  • But S&P 500 index is down 16 per cent since the start of the year

President Joe Biden has been able to ride out the recent tumble in the stock market, with much of his wealth still socked away in bank accounts, White House financial disclosure forms reveal.

The White House released the information Friday afternoon as Biden prepared to…



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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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