AND ONE FOR NONE: – Congresswoman Alexandria Ocasio-Cortez raised concerns over insider trading after President Donald Trump posted a stock market tip just hours before reversing course on tariffs. 

The 35-year-old progressive congresswoman is not the only person to bring up insider trading after the president’s tariff reversal and stock market buying frenzy.

Democratic Congressman Steven Horsford (D-Nev.) grilled Trump’s trade representative at a hearing on Capitol Hill on Wednesday where he brought up the pause right after it happened and blasted the administration.

‘Is this market manipulation?’ Horsford asked Jamieson Greer, who responded ‘no.’

‘If it was a plan, if this was always a plan, how is this not market manipulation?’ the Nevada congressman yelled.

Greer pushed back that is was not market manipulation, and they are trying to ‘reset the global trade system.’

‘Who’s benefiting? What billionaire just got richer?’ Horsford raged. 

The questions were also brought up by Democratic Senator Chris Murphy who posted ‘an insider trading scandal is brewing.’

The Connecticut lawmaker questioned in video posted on X about who made money from the president’s announcement. 

‘This could be an enormous scam,’ Murphy said. 

‘The question is, who close to Trump knew that he was going to suspend the tariffs? Which of his Mar-a-Lago friends or his billionaire advisers were able to capitalize on that inside information?’ he asked.

‘Why did Trump send out that post to his supporters earlier in the day?’ the Democratic senator continued. – DM –

– Trump Media closed up 22.67%, soaring twice as much as the broader market, a stunning performance by a company that lost $400 million last year and is seemingly unaffected by whether tariffs would be imposed or paused.

Trump’s 53% ownership stake in the company, now in a trust controlled by his oldest son, Donald Trump Jr., rose by $415 million on the day.

Trump Media was bested, albeit by only two-hundreds of a percentage point, by another Trump administration stock pick – Elon Musk’s Tesla. – DM –

Apr 09, 2025 11:31:29 pm