Booker Seeks Hearings on Trump's Insider Trading

Democratic lawmakers, led by Sen. Cory Booker, are calling for congressional hearings on potential insider trading by former President Donald Trump following his sudden tariff policy reversal. The controversy stems from Trump's Truth Social post encouraging stock purchases just hours before announcing a tariff pause, which resulted in significant market gains. Lawmakers like Sen. Elizabeth Warren and Rep. Adam Schiff suggest the timing indicates possible market manipulation, although no concrete evidence has been presented. Booker emphasizes the need for oversight to maintain public trust, calling the situation enough of an 'offense' to justify hearings. Meanwhile, 19 House Democrats have requested an SEC investigation into the matter, highlighting the importance of examining who may have profited from the market changes. The White House and Trump’s team have denied any wrongdoing, labeling the accusations as baseless.