Sun Apr 13 05:10:00 UTC 2025: **Trump’s Market-Moving Posts Spark Calls for Investigation**
WASHINGTON D.C. — President Trump’s social media posts this week have triggered accusations of market manipulation and calls for investigations into potential insider trading. On Wednesday, Trump first urged his followers to “BUY” stocks on Truth Social, then announced a pause on harsh tariffs, causing a dramatic surge in the Dow Jones Industrial Average—a nearly 3,000-point increase.
This rapid market shift followed days of plummeting share prices fueled by anxieties over Trump’s new trade policies. The timing of Trump’s posts has prompted outrage from Democratic lawmakers and ethics experts. Senators Adam Schiff, Ruben Gallego, and Elizabeth Warren have all called for investigations into whether Trump, his family, or administration officials engaged in insider trading or used advance knowledge of policy changes to profit from market fluctuations.
The White House spokesperson, Kush Desai, dismissed the accusations as partisan games, claiming Trump’s intention was merely to reassure investors. However, this explanation has been met with skepticism. Richard Painter, a former chief ethics lawyer for President George W. Bush, stated that such actions by a senior official would be unacceptable, noting that while there’s no clear evidence of manipulation, Trump’s behavior pushes ethical boundaries. He also highlighted Trump’s existing financial conflicts of interest, particularly his involvement in the cryptocurrency industry.
Despite widespread calls for action, investigations are unlikely, given Republican control of Congress and Trump’s recent actions to consolidate power over regulatory agencies like the SEC, which declined to comment on the matter. The confirmation of Trump’s nominee, Paul Atkins, to lead the SEC further diminishes the likelihood of any meaningful investigation.
First Piper 