Massachusetts Democrats Senator Elizabeth Warren Defending her call for the SEC to investigate President Donald Trump’s allegations of market manipulation and internal trading, calling such investigations “completely appropriate.”
“That’s the purpose of the investigation. Donald Trump’s The internal circles have no prior information and deals about this information,” Warren told CNN’s Jack Tapper during his appearance on Sunday in the ITU State.
Warren, along with other Senate Democrats such as Ron Wyden, Oregon and Chuck Schumer of New York, sent a letter to the SEC chief on Friday calling for an investigation into alleged market manipulation, a 90-day pause in which custom tariffs were made to foreign countries during Trump’s reciprocal tariff announcement and the subsequent 90-day pause.
“We urge the SEC to investigate tariff announcements that resulted in the market crash and subsequent partial recovery at the expense of the U.S. public, and a priori suspension of tariffs by any insider, including the President, to enable the president to announce stock transactions announced in advance,” he said.
Trump-Foe Schiff calls for insider trading investigation into tariffs
President Donald Trump and Senator Elizabeth Warren (Getty Image)
The White House criticized comments provided to Fox Digital last week, requesting an investigation into the Democratic comments that were conducting a “guerrilla game”.
“In the face of uninterrupted media fear, it is the responsibility of the U.S. president to reassure the market and Americans of their economic security. Democrats oppose Cheating in China For decades, they are now playing partisan games instead of celebrating President Trump’s decisive action yesterday, ultimately challenging China. “When asked about Democrats’ claims that Trump manipulated the market, White House spokesman Kush Desai commented on Fox numbers.
The New York Times columnist roasted the Democrats because there was no enough offensive attack on President Trump’s tariff policy. (Brendan Smialowski/AFP via Getty Images)
When asked Sunday if Warren actually saw evidence of so-called insider trading, she replied: “Well, some people looked at what happened and the phone number before announcing the announcement caused the stock market to soar.”
She continued on Sunday that members of Congress should also follow a rule that prohibits them from trading individual stocks.
“That’s how the stock market works to make sure no one trades on internal information. By the way, Jack, the same thing should apply to Congress. That is, we should have a rule that no one in Congress can… any individual stock trading, no senator, no representative, for a long time.
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D-Calif. Sens. Adam Schiff and D-Ariz. Ruben Gallego wrote a letter to White House Chief of Staff Susie Wiles and Trade Representative Jamieson Greer on Thursday, calling for an investigation into potential internal transactions.
Senator Elizabeth Warren raised questions during a Senate Finance Committee hearing on Capitol Hill on March 16, 2023. (AP Photo/Jacquelyn Martin, File)
Trump issued to the truth before suspending reciprocity tariffs last Wednesday: “Be cool! Everything will be fine. The United States will be bigger than ever, better!” “This is a purchase! The president has previously said he would not suspend tariffs but would be willing to negotiate with other countries.
Trump only stopped Trade barriers On U.S. goods, countries around the world face lower commodity tariffs as the Trump administration and world leaders negotiate reciprocity tariffs.
However, China is not part of the tariff moratorium and has suffered a 125% tariff rate after retaliating against its own additional tariffs on the United States.
Warren continued in her comments that tariffs can be “an important tool in the toolbox when used in a targeted way”, but Trump accused Spread “chaos” through the implementation of its tariff plans.
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“At the moment, what we’re getting is chaos and corruption. Donald Trump imposed tariffs on all products (all products). This is 10% tariff. Of course, earlier this week, it was higher, and now in this trade war with China, basically trying to shut down all trade.”
