Democrats Call for Investigation into Potential Insider Trading Before Trump’s Tariff Announcement

Democrats call for investigation: lawmakers are ramping up pressure to determine whether individuals close to the Trump administration engaged in stock trading prior to the former president’s announcement suspending certain tariffs. The decision triggered a sudden market rebound after several days of significant losses.

Suspicions of Privileged Access to Confidential Information

Democratic Party members are calling for an investigation into whether White House advisors, Trump’s family members, or Republican lawmakers used non-public information for financial gain. In contrast, Republicans dismiss the accusations as baseless and politically driven.

Trump’s Posts Raise Concerns Over Internal Signals

Hours before the official announcement, Trump posted optimistic messages on X, including “IT’S A GREAT TIME TO BUY!” He later declared the tariff pause, prompting a sharp rise on Wall Street. Democrats argue these posts may have served as signals to insiders.

Democratic Limitations in Congress

Despite their concerns, Democrats face institutional hurdles as the minority in both chambers, preventing them from leading hearings or issuing subpoenas without bipartisan support. They have also called on federal regulatory agencies to launch investigations.

Trump’s Tariffs on Chinese Imports Surge, Stirring Global Trade Tensions

President Donald Trump has dramatically raised tariffs on Chinese imports, now soaring to at least 145%. This move has surpassed…

Appeals to the SEC and Office of Government Ethics

Senate Minority Leader Chuck Schumer sent a letter to the SEC urging an investigation into suspicious trading activity. Senators Adam Schiff and Ruben Gallego also asked the Office of Government Ethics to probe whether Trump or his officials violated federal ethics or securities laws.

Focus on Trades by Republican Lawmakers

Alexandria Ocasio-Cortez and Joe Neguse demand rapid disclosure of trades between April 2 and April 9. They want to shorten the usual timeline. Two Democrats flagged trades by Marjorie Taylor Greene after Trump’s remarks. Greene claims her advisor manages her portfolio.

Growing Support for Congressional Investment Regulations

Representative Ro Khanna highlighted that these incidents harm public trust. He proposed requiring lawmakers to use blind trusts. This initiative gains bipartisan support. Rising public distrust fuels the growing support for the proposal.