Horain Baloch
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A major financial scandal erupted in the U.S. involving former President Donald Trump, who allegedly manipulated the stock market for personal benefit.
The controversy began when Trump announced steep global tariffs, triggering widespread panic that led to a $10 trillion plunge in the U.S. stock market. After the crash, Trump tweeted encouragement to buy stocks—specifically highlighting DJT, the company tied to him.
Just a few hours later, he postponed the tariffs for 90 days. The market rebounded sharply, and DJT stock soared by 22%, boosting Trump’s personal fortune by $415 million in under an hour.
Suspicion grew when it was revealed that some investors, including Trump’s wealthy allies and political associates, had made large investments ahead of the market rebound—suggesting possible insider knowledge.
This scheme closely resembles a “Pump and Dump,” where prices are intentionally driven down, assets are bought cheaply, then the market is manipulated to inflate values for profit. While elite investors made billions, everyday Americans reportedly lost around $4 trillion.
A leaked White House video captured Trump joking about the massive profits his associates, including billionaire Charles Schwab, had made. Though the incident provoked outrage in Congress, the administration dismissed the actions as efforts to “calm the market.”
Now, Wall Street firms are increasingly relying on Trump’s tweets to inform trading decisions, raising serious concerns about the integrity of financial markets and the ethical boundaries of presidential influence.
The controversy began when Trump announced steep global tariffs, triggering widespread panic that led to a $10 trillion plunge in the U.S. stock market. After the crash, Trump tweeted encouragement to buy stocks—specifically highlighting DJT, the company tied to him.
Just a few hours later, he postponed the tariffs for 90 days. The market rebounded sharply, and DJT stock soared by 22%, boosting Trump’s personal fortune by $415 million in under an hour.
Suspicion grew when it was revealed that some investors, including Trump’s wealthy allies and political associates, had made large investments ahead of the market rebound—suggesting possible insider knowledge.
This scheme closely resembles a “Pump and Dump,” where prices are intentionally driven down, assets are bought cheaply, then the market is manipulated to inflate values for profit. While elite investors made billions, everyday Americans reportedly lost around $4 trillion.
A leaked White House video captured Trump joking about the massive profits his associates, including billionaire Charles Schwab, had made. Though the incident provoked outrage in Congress, the administration dismissed the actions as efforts to “calm the market.”
Now, Wall Street firms are increasingly relying on Trump’s tweets to inform trading decisions, raising serious concerns about the integrity of financial markets and the ethical boundaries of presidential influence.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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