Former President Donald Trump is facing scrutiny for posting employment data on Truth Social a day before its official release, potentially violating embargo rules. The post, which included figures from the upcoming jobs report, was labeled by some as an attempt to distract from economic issues. While a White House official acknowledged the “inadvertent public disclosure,” they also stated that the focus should remain on Trump’s economic policies. The Bureau of Labor Statistics, which provided advance access to the data under strict confidentiality, is expected to release its next report in February, and the White House is reviewing its data release protocols.
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The suspicious betting activity on the prediction market Polymarket involved a user who made over $400,000 in less than a day due to strategically timed bets. The bets focused on the potential for airstrikes, specifically against Venezuela, a possibility initially discussed by U.S. military officials. The timing of the bets, which aligned with the eventual shift in targets and the subsequent announcement of an attack, strongly suggests an insider leak regarding confidential military plans.
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Following a Guardian investigation, two senior Democrats are calling for an investigation into share purchases made by Venture Global executives. These purchases, totaling almost $12 million each, were made shortly after a meeting with White House officials who subsequently issued a key regulatory permit. Senators Wyden and Van Hollen expressed concerns about potential conflicts of interest, with Wyden drawing parallels to past Trump administration controversies, particularly regarding energy policy. Several members of congress have pointed to the timing of the stock trades and the possibility of insider trading.
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A senior Democratic senator is demanding an investigation into potential insider trading by fossil fuel billionaires associated with the Trump administration. The call for investigation stems from a Guardian report detailing an unusual stock purchase by Venture Global executives following a meeting with senior Trump officials, including the energy secretary who later granted the company a crucial export license. These executives, who have a history of significant political donations, purchased a million shares each just days after the meeting. The senator cited potential conflicts of interest and the appearance of pay-to-play as justification for a probe into the timing of the stock trades.
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A bipartisan group of House members, including progressives and conservatives, employed a discharge petition to force a vote on a bill banning congressional stock trading, a move similar to one used to release the Jeffrey Epstein files. The legislation gained urgency due to concerns about insider trading by lawmakers, with previous attempts to address the issue, such as a bill from Rep. Chip Roy and Abigail Spanberger, stalled under former Speaker Nancy Pelosi. The current Speaker, Mike Johnson, has faced criticism for restricting votes and aligning with Donald Trump, prompting more frequent use of discharge petitions by frustrated members. While the House vote is now secured, the bill’s passage through the Senate, particularly given former President Trump’s opposition, remains uncertain.
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Nearly 100 former lawmakers call on House to ban stock trading by members of Congress, and it’s certainly a topic that’s sparking a lot of discussion. The very fact that this many former members are speaking out says something, doesn’t it? It feels like a late realization, a collective “hindsight is 20/20” moment. It’s a bit of a cliché, the “I got mine, now pull up the ladder” mentality, but there’s a definite whiff of that in the air. These are people who, by virtue of having been “former,” are no longer directly benefiting from the system they’re criticizing. It’s easy to advocate for change when you’re not personally affected by it anymore.… Continue reading
Stock trading by members of Congress could be banned in a bipartisan push, and honestly, it’s about time. It’s the kind of move that seems like it should have been in place from the get-go. The idea is simple: prevent members of Congress, their spouses, dependent children, and any trusts they control from buying, selling, or owning stocks, commodities, or other financial instruments. New lawmakers would have a 90-day window to comply, while those already in office get 180 days to divest. It sounds straightforward, but as with anything involving legislation, the devil is in the details, like how to handle diversified funds, and the potential for loopholes.… Continue reading
US charges ex-investment banker, 7 others in global insider trading scheme. The news broke about a global insider trading ring, and honestly, the sheer scale of it is pretty mind-boggling. We’re talking about a scheme that allegedly raked in tens of millions of dollars over several years, stretching from 2016 all the way to 2024. The whole thing was supposedly orchestrated by a former Merrill Lynch banker, a French restaurant co-owner, and a citizen from Singapore. That’s a pretty diverse group, all working together to exploit inside information.
It seems like the central figure, at least according to the charges, was Samy Khouadja, the ex-banker.… Continue reading
Former Tottenham Hotspur FC owner, Joe Lewis, has been pardoned by Donald Trump for his involvement in an insider trading scheme. Lewis, who was convicted in 2024, was initially fined and placed on probation after pleading guilty to a plan that enriched his associates through stock trading. The pardon was requested by Lewis to facilitate medical treatment and family visits. The insider trading scheme involved Lewis passing on privileged information to employees, including his pilot and girlfriend.
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Congressman Ro Khanna of Silicon Valley plans to introduce a bill that would prohibit elected officials from trading stocks and cryptocurrencies. This proposed legislation comes in response to growing concerns over potential conflicts of interest and public distrust of politicians’ financial activities. Khanna is seeking bipartisan support for the bill, acknowledging that this issue has generated controversy across the political spectrum. More details on the situation can be found in the NBC Bay Area video report.
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John Q. Hosedrinker 
Matt Underwood