Donald Trump cashes in on power, and investors pay the price
Donald Trump has been accused of leveraging his presidency for personal financial gain, with suspicious trading patterns emerging around his major policy announcements. His investments have reportedly resulted in significant profits, raising concerns about the fairness of public markets. The Securities and Exchange Commission is being urged to investigate potential insider trading related to Trump's actions.
- ▪Donald Trump's investments have executed thousands of stock trades this year, often coinciding with his own market-moving announcements.
- ▪His first year back in office reportedly increased his family fortune by US$3 billion, according to Forbes.
- ▪Democratic senators have requested an investigation into whether Trump's announcements enriched insiders at the expense of the public.
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Open this photo in gallery:U.S. President Donald Trump during an event in the Eugene Levy Fieldhouse at SUNY Rockland Community College in Suffern, N.Y., on Friday.Roberto Schmidt/Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe funniest thing keeps happening in the financial markets. Just before Donald Trump drops some bombshell news, a bunch of mysteriously well-timed bets are placed, paying off obscene amounts of money once the announcement lands.Suspicious trades have become a fixture of Mr. Trump’s major policy moves, whether they pertain to tariffs, the capture of former Venezuelan president Nicolás Maduro or the war in Iran.It’s almost like someone knows exactly what Mr.
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