Posted on 04/24/2025 2:47:52 PM PDT by Miami Rebel
Fox Business senior correspondent Charles Gasparino reported on Thursday that President Donald Trump’s administration is giving insider information to Wall Street executives about ongoing trade deals.
Citing “senior Wall Street execs with ties to the White House,” Gasparino wrote on X that people within Trump’s administration have alerted business leaders about an “agreement in principle with India.” He further reported that the deal could be used as a template for other trade deals the administration is working on with Japan and other countries. Markets have taken sharp hits amid uncertainty surrounding Trump’s tariffs and trade deals.
“People inside the Trump White House are alerting Wall Street execs they are nearing an agreement in principle on trade with India, according to my sources who are senior Wall Street execs w ties to the White House,” Gasparino reported. “No details on timing, and recall that we have been here before with Japan only to have the goal posts changed, and terms renegotiated. But if this holds, the India deal being envisioned will include agreed upon goals, and issues that have been addressed and resolved as well as a deadline for the fully-baked trade pact, my sources say.”
The reporter added that Treasury Secretary Scott Bessent’s press team did not comment, but also did not deny the story.
SCOOP: People inside the Trump White House are alerting Wall Street execs they are nearing an agreement in principle on trade with India, according to my sources who are senior Wall Street execs w ties to the White House. No details on timing, and recall that we have been here…
— Charles Gasparino (@CGasparino) April 24, 2025
Gasparino pushed back on Bloomberg’s Joe Weisenthal, arguing that the biggest news from the “scoop” was the White House being in contact with Wall Street.
“If this is true, isn’t the big story that The White House gives Wall Street executives early heads up on trade negotiations, rather than the existence of the deals themselves?” he asked.
Joe obviously has never reported on Wall Street; I broke all of the financial crisis stories because the White House was talking to Wall Street https://t.co/vjE6S17GXl
— Charles Gasparino (@CGasparino) April 24, 2025
“Right. That was a financial crisis, involving the banks themselves, so of course there were ongoing discussions,” Weisenthal replied.
Gasparino lashed out at other critics making similar points.
“Besides this NOT being insider trading (again I know a lot about this subject) where’s the progressive MSM outrage over the constant drumbeat of national security stuff thats leaked to newspapers? All the phony investigations about Trump?” he wrote, adding, “It’s called REAL reporting and it should have been done during the Biden Admin so the public would have been alerted to the president’s mental decline before it was too late.”
This is utter and complete HORSESHIT!
Maybe or maybe not.
Regardless, American capital has stretched our supply chains beyond any reasonable sustainability.
They’ve become dependent on foreign producers and will pay a financial price if they don’t ‘shorten’ said supply chains.
If I’m reading this correctly, signaling a policy move is NOT insider trading. Jim Rickart’s entire financial newsletter is based on the intel from his access to the White House.
I noticed a long time ago that Gasparino is a damned liar.
He is!!
Graft is good.
Graft is good.
***************
Haley was destroyed in Republican primaries and Harris “crashed & burned” in the general election.
You’re now 0 for 2.
Good luck in the future, you’ll need it.
I don’t know much about Gasparino, but he is defending Trump in this case. He’s arguing with a Bloomberg guy (who says it’s insider trading), that it’s not. Unless I am totally out to lunch on my reading of it.
Kevin Hassett identified the India framework on public TV. It’s not a secret.
LOL more paid liars.
How could you tell the difference between a "heads up" vs. asking for advice or an assessment of some possible deal?
Short of a transcript with a, "Pssst, let me tell you some inside trading info ..." you can't.
Trump and his officials are free to ask advice of anyone at any time.
I always take him as a society page gossip reporter - but for business. He needs a pill box hat like Louella Parsons or the like.
I’m pleased to know I’m not alone in my thinking.
“LOL more paid liars.”
OK, now just read the direct quotations and get back to us.
If I am flying in a Boeing jet and the door comes off in the middle of a flight, it is not illegal for me to take the opportunity to sell the company’s stock short right after I affix my oxygen mask to my face and prepare for an emergency landing.
Bfl
Exactly!..and thank you!
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