Congressional Insider Trading

Trump’s China Tariff Drop: Markets Blindsided, Traders Brace for Chaos

Markets just got blindsided — Trump drops 100% China tariffs, and traders are bracing for chaos.

Okay, so here’s the deal: the market just got hit with a curveball, and it seems like everyone is scrambling to figure out what it means. The news is that Trump has “dropped” 100% tariffs on China. The word “dropped” is key here because it can mean a couple of things, and right now, it’s causing a lot of confusion and speculation. Is he ending the tariffs, or are they being *introduced*? The ambiguity is definitely a source of anxiety.

The prevailing sentiment seems to be that traders are not exactly thrilled.… Continue reading

MTG Wealth Surge Sparks Outrage: Report Exposes Massive Increase

Responding to inquiries about her wealth and stock trades, Rep. Marjorie Taylor Greene launched a defensive response, refuting accusations that her net worth has significantly increased since entering Congress. The Georgia Republican, who has made numerous stock trades, including some that coincided with market fluctuations, has come under scrutiny for her financial activities. Despite the controversy, Greene maintains that her wealth predates her time in Congress and is managed by a financial manager, while also alleging that the criticism is politically motivated. The situation has spurred discussions about potential restrictions on stock trading by members of Congress, with calls for greater transparency and accountability.

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Trump Calls Pelosi “Disgusting Degenerate”: Critics Respond

Former President Donald Trump has publicly attacked Nancy Pelosi, accusing her husband of using insider information for stock market gains. These accusations arrive amidst growing support for a congressional stock trading ban, with Trump claiming the legislation targets him politically. The proposed bill, the Honest Act, aims to eliminate conflicts of interest and restore public trust, a goal that Pelosi supports. Trump’s criticism highlights the ongoing debate surrounding the financial activities of elected officials and their families, particularly concerning the appearance of unethical behavior in a period of increasingly scrutinized stock trades.

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Marjorie Taylor Greene’s Stock Up 142% Before ICE Contract: Insider Trading Concerns Raised

Representative Marjorie Taylor Greene’s investment in Palantir Technologies surged 142% since April, shortly before ICE awarded the company a $30 million contract. Greene, a member of the House Homeland Security Committee, clarified that her financial advisor controls her investments. This occurred around the same time that White House Deputy Chief of Staff Dan Scavino sold Trump Media stock the day before tariffs were announced, causing markets to plummet. These events have led to increasing public support for banning stock trading by members of Congress.

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Lawmakers’ Stock Trading Spiked Around Trump’s Trade War Announcements

In the days leading up to President Trump’s April 9th tariff pause, numerous members of Congress engaged in stock transactions totaling millions of dollars, raising ethical concerns. These transactions, many occurring amidst market volatility spurred by Trump’s trade policy announcements, involved both Democrats and Republicans. While lawmakers claim trades were managed by third-party advisors, the timing has fueled suspicion of insider trading. Experts and some on Capitol Hill argue that the lack of transparency and enforcement around congressional stock trading undermines public trust.

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Ossoff, Kelly Reintroduce Congressional Stock Trading Ban

Sens. Kelly and Ossoff reintroduced the Ban Congressional Stock Trading Act, mandating that members of Congress, their spouses, and dependents either place their stock portfolios in blind trusts or divest holdings. This bipartisan effort enjoys overwhelming public support, with 86% of Americans favoring a ban. The bill aims to prevent the use of insider information for personal financial gain and restore public trust in Congress. Several senators cosponsored the bill, highlighting the widespread concern over the ethical implications of Congressional stock trading.

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Dozens of Officials Dumped Stocks Before Trump Market Crash

ProPublica’s investigation reveals that over a dozen Trump administration officials, including Attorney General Pam Bondi, strategically divested themselves of substantial stock holdings shortly before President Trump’s “Liberation Day” tariffs negatively impacted the market. These preemptive sales, totaling millions of dollars, occurred within days of the market downturn, with some officials repurchasing shares at reduced prices afterward. Examples include a State Department official’s $50,000 sale and Transportation Secretary Sean Duffy’s sale of shares in nearly 36 companies. This pattern raises concerns about potential insider trading.

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Dozens of US Officials Profited From Pre-Tariff Stock Sales

Analysis of financial disclosures reveals numerous instances of well-timed stock trades by high-ranking executive branch officials and congressional aides coinciding with significant government announcements, particularly those related to President Trump’s tariffs. While no evidence suggests insider trading, these transactions raise ethical concerns, as they erode public trust in both government and market integrity. Ethics experts advocate for stricter regulations governing the financial activities of federal employees to mitigate potential conflicts of interest and the appearance of impropriety. The lack of transparency surrounding these trades further underscores the need for increased oversight.

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Pam Bondi’s $1M Stock Sale on Trump Tariff Announcement Day Sparks Outrage

Attorney General Pam Bondi sold between $1 million and $5 million in Trump Media & Technology Group shares on April 2nd, the same day President Trump announced sweeping tariffs. This occurred on “Liberation Day,” when tariffs caused market drops, followed by a 90-day pause. While there is no suggestion of wrongdoing, the timing of the sale, falling within Bondi’s 90-day window to divest from Trump Media per her ethics agreement, and subsequent stock price fluctuations warrant attention. Bondi’s actions are subject to scrutiny, alongside other aspects of her career, including her past lobbying work for Qatar.

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Bondi’s $1 Million Trump Media Stock Sale Fuels Corruption Claims

Attorney General Pam Bondi sold between $1 million and $5 million in Trump Media shares on April 2nd, the same day President Trump announced new tariffs that caused a market downturn. Bondi’s disclosure forms don’t specify the exact time of sale, but the transactions occurred before or after the market closed following Trump’s press conference. While the legality of the sale is unclear, it raises questions regarding potential insider trading, given Bondi’s prior work with Trump Media. The Justice Department has yet to comment.

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