Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

True Dough

(22,980 posts)
Wed May 14, 2025, 09:35 PM 12 hrs ago

Bondi Sold More than $1 Million in Trump Media Stock the Day Trump Announced Sweeping Tariffs

This shit has got to stop!

Attorney General Pam Bondi sold between $1 million and $5 million worth of shares of Trump Media the same day that President Donald Trump unveiled bruising new tariffs that caused the stock market to plummet, according to records obtained Wednesday by ProPublica.

Trump Media, which runs the social media platform Truth Social, fell 13% in the following days, before rebounding.

Trump’s “Liberation Day” press conference from the White House Rose Garden unveiling the tariffs came after the market closed on April 2. Bondi’s disclosure forms showing her Trump Media sales say the transactions were made on April 2 but do not disclose whether they occurred before or after the market closed.

Trades by government officials informed by nonpublic information learned through work could violate the law. But cases against government officials are legally challenging, and in recent years judges have largely narrowed what constitutes illegal insider trading.


https://www.propublica.org/article/pam-bondi-trump-media-stock-tariffs
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Bondi Sold More than $1 Million in Trump Media Stock the Day Trump Announced Sweeping Tariffs (Original Post) True Dough 12 hrs ago OP
She and MTG know how to use government inside information -- and for now, no_hypocrisy 5 hrs ago #1
Latest Discussions»General Discussion»Bondi Sold More than $1 M...