Bondi Sells Trump Media Shares on Tariff Day

Attorney General Pam Bondi sold between $1 million and $5.5 million in Trump Media shares on April 2, coinciding with President Trump's 'Liberation Day' speech announcing global tariffs that triggered a sharp drop in Trump Media's stock. Disclosure forms do not specify whether Bondi sold before or after the announcement, fueling speculation but providing no direct evidence of wrongdoing or insider trading. Bondi's sale complied with a 90-day window required by her ethics agreement after her confirmation as attorney general, and she received the shares as consulting compensation. Trump Media has reported significant financial losses and ongoing stock volatility in 2024, with Trump's stake now held in a family trust. The Justice Department has not commented on the timing or propriety of the sale. Legal experts say that while trades based on nonpublic information can be illegal, proving insider trading in such cases is challenging.