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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDuffy Sold Stocks Two Days Before Trump Announced a Plan for Reciprocal Tariffs
https://www.propublica.org/article/sean-duffy-stock-sales-trump-tariffsTwo 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 markets historic peak, just before it began to slide amid concerns about Trumps 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 Trumps 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 Trumps 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 Trumps reciprocal tariff plan. Duffy worked on that bill with Trumps trade adviser Peter Navarro. Trumps tariffs were the culmination of that work, Duffy posted online, referring to his own bill in the House.
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Duffy Sold Stocks Two Days Before Trump Announced a Plan for Reciprocal Tariffs (Original Post)
Nevilledog
May 19
OP
Say, was that the same day he rebooked his wife's flight so she didn't go through Newark?
tanyev
May 19
#6
bucolic_frolic
(50,580 posts)1. Three Dozen!!! Inside Trader Home Brewer Class!
Give the man a gold medal for grifting
Mopar151
(10,292 posts)2. Shameless "financial experts"
?si=vA-b6qPnSdCx3s-u Financial geniuses, who forgot about that pesky little "insider trading" rule.
oasis
(52,322 posts)3. Crooked to the bone. These thieves will be given
a pass by MAGAbot nation.
Meowmee
(9,212 posts)4. When will charges be filed? I'm waiting....
ecstatic
(34,784 posts)5. when law and order is restored, we have to lock these people up.
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?
Trump officials work really hard to protect themselves and their own families.
republianmushroom
(20,020 posts)7. Just a little inside trading.
Yup, governing by republicans.
BurnDoubt
(545 posts)8. The Greatification is making winners and losers. Remember when that used to be WRONG?
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."
BurnDoubt
(545 posts)9. Aside from that "Pussy" thing, I can't recall one true statement from them.