By Amie Parnes - 05/15/12 08:35 PM EDT
The forms, released by the White House, show that Obama has a connection to the bank, which made headlines in recent days when the firm reported a loss of $2 billion through risky hedge fund trading.
Obama also praised the Jamie Dimon, the bank’s CEO, as being “one of the smartest bankers we’ve got."
The Wall Street Journal reported Tuesday that the Department of Justice has launched an investigation into the trading loss.
In total, both Obama and first lady Michelle ObamaMichelle ObamaClinton rules out Sanders while playing 'who'd you rather' to chose running mate First Nigerian girl taken by Boko Haram rescued WATCH: Obama accidentally steps on First Lady's dress at state dinner MORE have assets worth between nearly $2.6 million and more than $8.2 million, according to the reports, which are listed in broad categories and do not give exact figures.
The reports show that the first couple has a 30-year mortgage on their home in Chicago between $500,000 and $1 million. The Obamas also received royalties from the president’s books including “Dreams From My Father" and "The Audacity of Hope," which total between $250,000 and $2.1 million.