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On April 9, former President Donald Trump sparked controversy with a 9:37 a.m. ET social media post stating, “It’s time to buy,” followed by a major policy announcement at 1:19 p.m. declaring a 90-day suspension of retaliatory tariffs. These two events coincided with a significant surge in the stock market, raising eyebrows among lawmakers and market analysts. Democratic senators are now demanding an investigation into possible insider trading, expressing concerns that individuals close to Trump—including White House officials or members of his family—might have had prior knowledge of the policy shift. Such access could have given them an unfair advantage in making investment decisions before the public was informed.
The timing of Trump’s statements and the market’s rapid response have intensified scrutiny over the use of privileged information for personal financial gain. Ethical questions loom large, especially in light of previous allegations regarding the Trump administration’s handling of market-sensitive information. Lawmakers are urging regulatory bodies, such as the SEC and the Department of Justice, to examine trading activities around that period. The situation underscores the importance of transparency and accountability in public office, particularly when actions by top officials can influence financial markets so directly and dramatically.