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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBondi Sold More than $1 Million in Trump Media Stock the Day Trump Announced Sweeping Tariffs
This shit has got to stop!
Attorney General Pam Bondi sold between $1 million and $5 million worth of shares of Trump Media the same day that President Donald Trump unveiled bruising new tariffs that caused the stock market to plummet, according to records obtained Wednesday by ProPublica.
Trump Media, which runs the social media platform Truth Social, fell 13% in the following days, before rebounding.
Trumps Liberation Day press conference from the White House Rose Garden unveiling the tariffs came after the market closed on April 2. Bondis disclosure forms showing her Trump Media sales say the transactions were made on April 2 but do not disclose whether they occurred before or after the market closed.
Trades by government officials informed by nonpublic information learned through work could violate the law. But cases against government officials are legally challenging, and in recent years judges have largely narrowed what constitutes illegal insider trading.
Trump Media, which runs the social media platform Truth Social, fell 13% in the following days, before rebounding.
Trumps Liberation Day press conference from the White House Rose Garden unveiling the tariffs came after the market closed on April 2. Bondis disclosure forms showing her Trump Media sales say the transactions were made on April 2 but do not disclose whether they occurred before or after the market closed.
Trades by government officials informed by nonpublic information learned through work could violate the law. But cases against government officials are legally challenging, and in recent years judges have largely narrowed what constitutes illegal insider trading.
https://www.propublica.org/article/pam-bondi-trump-media-stock-tariffs
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Bondi Sold More than $1 Million in Trump Media Stock the Day Trump Announced Sweeping Tariffs (Original Post)
True Dough
May 14
OP
no_hypocrisy
(51,667 posts)1. She and MTG know how to use government inside information -- and for now,
it's legal.
Redleg
(6,503 posts)2. It's okay because the Attorney General said it's okay
What- you say the Attorney General is Pam Bondi?
Johonny
(23,704 posts)3. Sounds like a stupid move
Given the tariffs were designed to bring in bribes. And the stock exists to process bribes.
I guess she knew then, they were going to more open criming and didn't need the fake mediums. Although, I guess she predicted Chumpcoins were going to over take Trump stock as the bribe medium of choice.