Warren, Democrats ask SEC to investigate Trump tariff social media post

Senate Democrats, led by Senator Elizabeth Warren, are asking the SEC to investigate whether President Trump violated securities laws with his Truth Social post telling people it's a great time to buy just before he announced a pause on tariffs

At 9.37 a.m. on Wednesday, President Trump posted on Truth Social, this is a great time to buy

Four hours later, the president announced a 90-day pause on reciprocal tariffs that were announced a week prior, and the major stock indices shot up between 8 and 12 percent

In a letter to SEC Chairman Paul Atkins, Warren and her Democratic colleagues wrote

It is unconscionable that as American families are concerned about their financial security during this economic crisis entirely manufactured by the president

insiders may have actively profited from the market volatility and potentially perpetrated financial fraud on the American public

Chairman Atkins was just nominated to lead the SEC by President Trump and confirmed on a party-line vote Wednesday night

Senators Adam Schiff and Ruben Gallego are asking the White House to hand over information as to

whether members of the Trump family or White House advisors invested prior to the public announcement on tariffs Schiff and Gallego are also asking the Office of Government Ethics to investigate whether White House or executive branch employees were informed of the pending announcement and either made stock transactions

or communicated with financial proxies before it was public. In all these cases, Democrats don't

have the power to compel cooperation. Democrats say they want to find out if anyone made money

off Donald Trump's post in an illegal or unethical fashion. I genuinely do not care if it's a Democrat or a Republican

but anybody who traded in the last 48 hours and made an incredible amount of money

prior to this tariff announcement, who sits right there in that house, needs to answer for it

According to Investopedia, insider trading is the practice of buying or selling a company's

securities based on material, non-public information. That means information that is confidential, has not been disseminated to the general public

and is not readily available through ordinary research or ysis. That makes this case tricky because President Trump posted the information in question on the internet

I'm Ray Bogan for Straight Arrow News. For more reporting, download the SAN app