Maybe that is the only reason why he makes these economic policy gyrations: He manipulates the market so he, his family and his buddies make money. The man is ruining the US economy just so he can make even more money that he will ever need...or perhaps he needs the money to change his platinum door knobs and toilet seats to gold.
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Opinion
Over a Dozen Officials Dumped Stocks Just as Trump Crashed the Market
Malcolm Ferguson
Thu, May 22, 2025
Over a dozen officials within the Trump administration conveniently sold off their shares just days before their president crippled the stock market with his sweeping “Liberation Day” tariffs, according to ProPublica.
Attorney General Pam Bondi sold up to $5 million in her Trump Media shares on Liberation Day. One State Department official sold $50,000 in shares two days before. A White House lawyer sold off shares in nine different companies in February, the day before Trump announced tariffs on China, Mexico, and Canada. Transportation Secretary Sean Duffy sold shares in nearly 36 companies on February 11, two days before Trump teased his Liberation Day reciprocal tariffs. In each of the more than dozen instances, someone high up within the Trump administration sold off large amounts of their stock market shares right before Trump tanked the stock market, and some even bought a similar amount of shares back at much lower prices shortly after.
There is no direct proof that these officials had nonpublic information about policies that would impact the stock market before everyone else, but the administration has clearly created an environment in which the potential for insider trading is incredibly high. And even if this administration isn’t insider trading, it’s doing an awful job at keeping up appearances. Trump himself posted in April, “THIS IS A GREAT TIME TO BUY!!! DJT,” a mere four hours before announcing a 90-day pause on most retaliatory tariffs except for those on China, yet another market-shocking announcement that caused stocks to shoot up.
“Trump is creating giant market fluctuations with his on-again, off-again tariffs. These constant gyrations in policy provide dangerous opportunities for insider trading,” Senator Adam Schiff wrote on X at the time. “Who in the administration knew about Trump’s latest tariff flip flop ahead of time? Did anyone buy or sell stocks, and profit at the public’s expense? I’m writing to the White House—the public has a right to know.”
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