Summary
Donald Trump is facing insider trading accusations after urging followers to buy stocks hours before pausing global tariffs—sending markets soaring.
His Truth Social post, signed “DJT” (also the ticker for his media company), preceded a surprise 90-day tariff pause on all countries except China.
The S&P 500 jumped 9%, Nasdaq 12%, and Trump Media stock surged 22%.
Lawmakers including Sen. Adam Schiff and Rep. Alexandria Ocasio-Cortez are demanding investigations and disclosures, calling the timing suspicious. Critics say the sudden policy reversal created a profit window for insiders with prior knowledge.
And remember, the courts can’t consider motive, so as long as tariffs are defendable as an official act (which they are) he’s 100% immune. I mean, they found him immune in the Stormy Daniels hush money case, and that was related to campaign finance as a candidate.
It’s fucked up. We basically elect temporary kings now.
Heh, temporary… I wish.