Warren Calls for Investigation into Trump's Alleged Market Manipulation
Warren Calls for Investigation into Trump's Alleged Market Manipulation

Warren Calls for Investigation into Trump's Alleged Market Manipulation

News summary

Senator Elizabeth Warren is calling for an investigation into President Donald Trump's tariff policies, alleging they may have manipulated the stock market to benefit his Wall Street donors while disadvantaging working families and small businesses. Her concerns were heightened by a social media post from Trump suggesting it was a good time to buy stocks, which coincided with his announcement of a 90-day suspension of tariffs that caused the market to rebound sharply. Warren and other Democrats, including Senator Chris Murphy, are questioning whether insiders profited from advanced knowledge of Trump's tariff changes, raising allegations of market manipulation and insider trading. Murphy noted that the swift market recovery following Trump's announcement points to potential benefits for those close to him. Warren emphasizes the need for accountability, urging Congress to pass a resolution to restrict Trump's emergency tariff powers. The situation highlights the ongoing scrutiny of Trump's economic actions and their impact on the broader market and economy.

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