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Nevilledog

(54,384 posts)
Mon May 19, 2025, 03:23 PM May 19

Duffy Sold Stocks Two Days Before Trump Announced a Plan for Reciprocal Tariffs

https://www.propublica.org/article/sean-duffy-stock-sales-trump-tariffs

Two days before President Donald Trump announced dramatic plans for “reciprocal” tariffs on foreign imports, Transportation Secretary Sean Duffy sold stock in almost three dozen companies, according to records reviewed by ProPublica.

The Feb. 11 sales occurred near the stock market’s historic peak, just before it began to slide amid concerns about Trump’s tariff plans and ultimately plummeted after the president unveiled the details of the new tariffs on April 2.

Disclosure records filed by Duffy with the U.S. Office of Government Ethics show he sold between $75,000 and $600,000 of stock two days before Trump’s Feb. 13 announcement, and up to $50,000 more that day.

Transportation secretaries normally have little to do with tariff policy, but Duffy has presented himself as one of the intellectual forefathers of Trump’s current trade agenda. As a congressman in 2019, his last government position before Trump elevated him to his cabinet post, Duffy introduced a bill he named the “United States Reciprocal Trade Act.” The proposed legislation, which did not pass, in many ways mirrors Trump’s reciprocal tariff plan. Duffy worked on that bill with Trump’s trade adviser Peter Navarro. Trump’s tariffs were “the culmination of that work,” Duffy posted online, referring to his own bill in the House.

*snip*
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Mopar151

(10,292 posts)
2. Shameless "financial experts"
Mon May 19, 2025, 03:35 PM
May 19
?si=vA-b6qPnSdCx3s-u Financial geniuses, who forgot about that pesky little "insider trading" rule.

ecstatic

(34,784 posts)
5. when law and order is restored, we have to lock these people up.
Mon May 19, 2025, 05:02 PM
May 19

We just have to. No more gop / white passes. Nobody is above the law!

tanyev

(46,534 posts)
6. Say, was that the same day he rebooked his wife's flight so she didn't go through Newark?
Mon May 19, 2025, 05:42 PM
May 19

Trump officials work really hard to protect themselves and their own families.

BurnDoubt

(545 posts)
8. The Greatification is making winners and losers. Remember when that used to be WRONG?
Mon May 19, 2025, 06:17 PM
May 19

Go ahead grab a little Pussy... they let you if are a Republican and you have a lot of Money. Isn't that written right on the Money? "E Pluribus something something... I can't read English, let alone Latin."

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