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Democrats accuse White House of insider trading after Trump tariff pause sends stock surging
Washington Examiner via MSN ^ | 04/10/2025 | Mabinty Quarshie

Posted on 04/11/2025 5:13:09 PM PDT by SeekAndFind

Democrats insist that Congress investigate President Donald Trump's administration over its actions just before announcing a 90-day reprieve on his so-called retaliatory tariffs this week.

Trump on Wednesday announced that every country except China would receive a 90-day delay on the tariffs, with a 10% baseline on countries subject to the pause. This was a reversal from top aides who had claimed there would be no negotiations.

China faced a tariff of 125% from the United States before the White House announced on Thursday that the rate was 145%.

The 90-day pause announcement led to a stock market surge, with the S&P 500 adding 473.13 points, the Dow Jones Industrial Average adding 2,962.86 points, and the Nasdaq Composite adding 1,857.06 points on Wednesday.

Just before the president’s announcement, Trump took to social media to encourage followers to invest in the stock market.

“BE COOL!” Trump admonished the public.

“THIS IS A GREAT TIME TO BUY!!! DJT,” he also wrote on Truth Social.

But Democrats are now claiming that Trump was allegedly engaging in insider trading with the post.

Sen. Adam Schiff (D-CA) announced an investigation into whether members of the Trump administration illegally profited from the stock market.

“So the question is, between that tweet and Donald Trump's announcement that he was reducing the tariffs on most other nations, apart from China,” said Schiff in a video post. “Question is: Who knew what the president was going to do, and did people around the president trade stock knowing the incredible gyration the market was about to go through?”

Schiff and Sen. Ruben Gallego (D-AZ) sent a letter requesting an investigation to Susie Wiles, Trump’s chief of staff, and Jamieson Greer, the U.S. trade representative. Greer was caught off guard by Trump's tariff pause as he testified before a House committee.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: insidertrading; stocks; tariffs
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“We're writing to the White House to demand answers,” said Schiff. “Now I am fully cognizant of the fact that the White House is probably the last place to be forthcoming about this or any other corruption in the administration. We in Congress need to do more than demand answers. We need to do the oversight necessary to get those answers.”
1 posted on 04/11/2025 5:13:09 PM PDT by SeekAndFind
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To: SeekAndFind

Hey Schiff, Im still waiting for answers as to why you went to Ed Bucks apt FIFTEEN TIMES care to answer


2 posted on 04/11/2025 5:16:08 PM PDT by Sarah Barracuda
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To: SeekAndFind

Dems always accuse their enemy of doing what they themselves are doing. ALWAYS.


3 posted on 04/11/2025 5:17:23 PM PDT by butterdezillion
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To: SeekAndFind
After the market open Trump posted "THIS IS A GREAT TIME TO BUY!!! DJT,”

To buy what exactly?

End of argument

4 posted on 04/11/2025 5:18:23 PM PDT by frogjerk
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To: SeekAndFind

Oh? You mean like Pelosi et al?


5 posted on 04/11/2025 5:19:25 PM PDT by SkyDancer ( ~ Am Yisrael Chai ~)
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To: SeekAndFind

Far-left maggots bringing these allegations without any evidence need their asses sued into oblivion. Especially that racist, low I.Q. cotton ball, Miss Jazzy Crockette. Miss Cotton Ball 2025.


6 posted on 04/11/2025 5:29:41 PM PDT by FlingWingFlyer (The DemonRATS! The Party of Murderers, Assassins and Baby Killers. )
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To: SeekAndFind

Hey Schiffty! Kiss it! You swine. You should be on Da View with the rest of the hoggs.


7 posted on 04/11/2025 5:30:59 PM PDT by FlingWingFlyer (The DemonRATS! The Party of Murderers, Assassins and Baby Killers. )
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To: SeekAndFind

“White House..insider trading”

So now we have artificially intelligent buildings that can trade in the stock market?

Lol.


8 posted on 04/11/2025 5:32:55 PM PDT by cgbg (It was not us. It was them--all along.)
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To: SeekAndFind

He’s following the same playbook as the last time Trump was in office. Always always with this guy is the search for the latest Russiagate style scandal.

Not going to work this time.


9 posted on 04/11/2025 5:33:56 PM PDT by FlipWilson
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To: frogjerk

Also a great time to open a wider investigation into DC insider trading. They might regret having made this accusation.


10 posted on 04/11/2025 5:36:31 PM PDT by Samurai_Jack (This is not about hypocrisy, this is about hierarchy!)
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To: SeekAndFind
Projection for insulation and protection, Ala Alinsky.

That which you are guilty of, you accuse your would be accuser, thus insulating yourself from your own wrong deeds. The news media is lazy and greedy. They will report what's easiest and pays best, so make it easy by handing them their own press releases and bribes to the management.

11 posted on 04/11/2025 5:37:06 PM PDT by blackdog ((Z28.310) Be careful what you say. Your refrigerator may be listening & reporting you.)
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To: SeekAndFind

Schiff may be one of the worst scumbags in office.


12 posted on 04/11/2025 6:13:32 PM PDT by KC_Conspirator
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To: butterdezillion

Yep. 😆


13 posted on 04/11/2025 6:13:39 PM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF ISR pilot. Both bitten by the aviation bug)
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To: FlingWingFlyer

He should be in prison with all the rest of the crooks and degenerates.

It’s well past time some AG somewhere give this guy a legal rectal exam. He’s bound to have a couple of skeletons in his closet.


14 posted on 04/11/2025 6:17:33 PM PDT by cross_bearer_02
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To: SeekAndFind

One of my best friends has his own customs brokerage firm. The recent frequent changes have basically torpedoed his business. It is basically impossible for his company to keep up with the frequent changes.

He is a huge Trump supporter despite the challenges this is causing him. He felt that the huge exercises by the Chinese military that surrounded the entire island of Taiwan were likely to turn into a full invasion. But he feels that the looming trade war put a halt to these plans because of the major turmoil now being caused in China by President Trumps actions.


15 posted on 04/11/2025 6:41:03 PM PDT by fireman15
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To: SeekAndFind

16 posted on 04/11/2025 6:46:09 PM PDT by rlmorel ("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)
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To: cross_bearer_02

I thought that’s what bondi/Kash/Bongino were hired for


17 posted on 04/11/2025 6:46:52 PM PDT by cableguymn (Can't cancel all of us)
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To: SeekAndFind

But they have no receipts ... just standing there with their dicks hanging out.


18 posted on 04/11/2025 8:09:52 PM PDT by RetiredTexasVet (Trump has arrived and it is awesome to have a real President.)
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To: SeekAndFind
I thought the Dems were saying that Trump panicked at the drop in stock prices. Also, insider trading is done between, you know, insiders. The info is not broadcast to the whole outside world.
19 posted on 04/11/2025 8:33:37 PM PDT by CW_Conservative
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To: SeekAndFind

REALLY RICH, CONSIDERING HOW RICH DEMS LIKE PELOSI ARE


20 posted on 04/11/2025 10:02:32 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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