Massachusetts Senator Elizabeth Warren has renewed her call for the SEC to investigate former President Donald Trump, accusing him of potential market manipulation related to his tariff announcements. In a letter to the SEC, Warren argued that Trump's public pronouncements regarding tariffs created "chaos" in the stock market. She suggests that this volatility may have been deliberately orchestrated, allowing Trump or those connected to him to benefit from trading on non-public information.
Warren's demand stems from concerns that Trump's tariff policies, often announced unexpectedly, caused significant fluctuations in stock prices, particularly for companies heavily reliant on international trade. These fluctuations, Warren contends, could have been exploited by individuals with advance knowledge of the impending announcements.
"The SEC has a duty to investigate any potential wrongdoing that could undermine the fairness and integrity of our financial markets," Warren stated. She emphasized the importance of ensuring that all investors have equal access to information and that no one is able to profit unfairly from market-moving announcements. The SEC has yet to comment on Warren's request.
Warren Calls for SEC Investigation into Trump's Tariff Impact on Markets
Senator Elizabeth Warren is urging the Securities and Exchange Commission (SEC) to investigate former President Donald Trump for potential insider trading. Warren alleges that Trump's public statements about tariffs intentionally created market volatility. She claims these statements could have allowed Trump or his associates to profit unfairly. The senator believes a thorough investigation is necessary to maintain market integrity and public trust.