
Apr 10, 2025, 13:42
1. In a video, Schiff said:
So today Trump removed many of the tariffs he had imposed in this on, again, off again, it must be Wednesday. Tariffs are off again, kind of policy. This has just wreaked havoc on the markets of course, but there is another profound danger as well, and that is insider trading within the White House within the administration.
You may have seen early in the day Trump tweet this Now this is a good time to buy. So the question is between that tweet and Donald Trump's announcement that he was reducing the tariffs on most other nations apart from China, the question is who knew what the President was gonna do and did people around the president trade stock knowing the incredible gyration the market was about to go through?
Because, look, this is a president who is trading in his own meme coin, even as he's president, his kids are trading in their own cryptocurrency. You've got people like Elon Musk who are doing their own conflicted self dealing in the administration. In any administration, this corrupt it is more than necessary to ask, were people personally profiting from insider information while people's savings, their retirement accounts were being torched?
So we're writing to the White House to demand answers. Now, I am fully cognizant of the fact that the White House is probably the last place to be forthcoming about this. Or any other corruption in the administration. We in Congress need to do more than demand answers. We need to do the oversight necessary to get those answers.
To date. Republicans have not been willing to do this, not when it comes to insider trading. Uh, potentiality, not when it comes to anything, but we have been very fortunate in the minority that so many whistleblowers have come forward with information about corruption in the administration. Just a few days ago, I held a hearing with people who had to quit the Justice Department, were fired at the Justice Department because they were observing corrupt activity that they would not participate in.
We have tremendously benefited from courageous people coming forward, so we invite whistleblowers to step forward, but at the end of the day, we're gonna get to the bottom of this, whether people were profiting off the pain of the American people.
Source Link: https://www.thedailypoliticususa.com/p/adam-schiff-is-investigating-trump
2. Poster's Comment:
Everybody surely desires to have the modern version of King Midas' golden touch, not to turn everything, including food and even his own daughter into gold, but to play yoyo with the stock market or make it go up and down through hand gestures, facial expression and waving a baton like an orchestra conductor.
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