Trump insider trading10 Apr 2025 21:01
Democrats call for 'insider trading' investigation
published at 20:43
20:43
IMAGE SOURCE,TRUTH SOCIAL
As we just reported, the White House has pushed back on Democratic politicians claiming Donald Trump or his inner circle may have illegally profited from swings in the stock market through insider trading and market manipulation.
There is no evidence that Trump or any of his advisers engaged in insider trading, which is the purchase or sale of shares based on information unknown to the market. This is a crime under US law.
On Wednesday, Trump said on social media it was a "great time to buy", hours before he temporarily lowered tariffs imposed on goods from dozens of countries, which caused the stock market to soar.
California Senator Adam Schiff, a long-time Trump critic, said questions should be asked about whether "people around the president" traded stocks in advance of the public announcement,