President Donald Trump has purchased between $15,001 and $50,000 in stock of TKO Group Holdings, the parent company of the Ultimate Fighting Championship (UFC), coinciding with his promotion of a White House event tied to the company.The event, set for June 14 on the South Lawn to celebrate Trump's 80th birthday, will feature UFC fights and 4,000 front-row seats.

Trump has actively promoted the event, including hosting UFC fighters in the Oval Office and beginning construction of support structures for the fights.

Critics, such as Jordan Libowitz of Citizens for Responsibility and Ethics in Washington, have called this a serious conflict of interest, stating that using the White House to benefit a company in which the president owns stock represents a direct financial gain from his official position.

Trump has a history of buying and selling millions of dollars in stocks from companies he promotes or regulates, though White House officials and Vice President JD Vance claim that he does not personally manage these investments.The story raises ethical concerns about the intersection of presidential promotion and personal financial interests.