Trump government may be the subject of investigation by “insider trading”

United States Democratic Senators asked for an investigation to find out if someone in President Donald Trump’s circle knew he would suspend reciprocal tariffs and have negotiated the American stock exchange because of it.

The use of privileged information to buy or sell shares of a company is considered an illegal practice known as insider trading.

Senators Adam Schiff and Ruben Gallego have sent a letter to the Casa White Case and US Government Ethics Office, requesting an investigation into the possible use of information regarding Trump’s tariff suppression.

Shortly after the opening of the market on Wednesday (9), and a few hours before President Trump announced that he was reversing his tariff policy, he posted on social networks: “This is a great time to buy !!!”

The publication ended with the lyrics “DJT”.

These are the initials of the President and the Code of Action of Trump Media and Technology, a controlling company of Truth Social, in which he holds majority participation.

In the letter, Democrats also required an investigation into potential conflicts of interest to find out if some White House or Executive Employees, including special government servants, such as Elon Musk, were informed about the announcement in advance.

The investigation should also find out which financial transactions were made by employees who were aware of non -public information.

This content was originally published in Trump administration may be the subject of investigation by insider trading on CNN Brazil.

Source: CNN Brasil

You may also like