Adam Schiff And Elizabeth Warren Call For Investigation Into Possible Insider Trading By Trump Allies As Markets Surge After 90-Day Tariff Pause: 'It Sure Looks Like Corruption'
Benzinga (Thu, 10-Apr 3:43 AM)
Key Democratic lawmakers are demanding investigations into potential insider trading related to President Donald Trump‘s market communications before he announced a 90-day tariff pause that triggered Wall Street’s strongest rally since 2008.
What Happened: Rep. Adam Schiff (D-Calif.) and Sen. Elizabeth Warren (D-Mass.) raised concerns Wednesday about a Truth Social post where Trump wrote in all capital letters, “THIS IS A GREAT TIME TO BUY!!! DJT” just hours before announcing the tariff pause that sent markets soaring.
“Is Donald Trump’s inner circle illegally profiting off of these huge swings in the stock market by insider trading? Congress must find out,” Schiff wrote on X, questioning who knew about the president’s plans before the announcement.
