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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump should be impeached over this, along with whoever else was in on the WH insider trading over his tariff posts
Trump Brags About How Tariff Pause Made His Friends Even RicherAfter announcing a 90-day pause Wednesday on his sweeping reciprocal tariff policy on nearly every countrywith the exception of ChinaTrump was excited to take credit for making a buck for his guests at the Oval Office.
He made $2.5 million today, and he made $900 million! Thats not bad, Trump said, pointing to financial investor Charles Schwab and Roger Penske, a NASCAR team owner, respectively.
Bloomberg reported that Wednesday was the best day ever for billionaires, as the worlds wealthiest people raked in a heaping $304 billion as the markets shot back up.
The days biggest individual winner should come as no surprise: Elon Musk made a whopping $36 billion as Tesla stock soared up 23 percent. Trumps surprising decision to temporarily back off his steep tariffs has sparked major concerns of obvious market manipulation, and even potential insider trading.
https://www.msn.com/en-us/money/savingandinvesting/trump-brags-about-how-tariff-pause-made-his-friends-even-richer/ar-AA1CGA9j

Video captured by the White House shows Donald Trump bragging that friend and investor Charles Schwab made two billion dollars from the current stock market chaos.
In a video posted to X Wednesday (9 April), the president introduced NASCAR drivers to the founder and chairman of Charles Schwab Corporation, a multinational financial services company. Its not just a company, its actually an individual, Trump told the racing drivers.
The president added that Schwab made two and a half billion today from the stock market.
https://www.independent.co.uk/tv/news/trump-charles-schwab-stock-market-tariffs-nascar-b2731096.html
watch:

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Trump should be impeached over this, along with whoever else was in on the WH insider trading over his tariff posts (Original Post)
bigtree
Apr 2025
OP
bigtree
(93,336 posts)1. Normal president would be impeached for this
wyn borkins
(1,372 posts)2. Old Acronym / New Definition: 3M (Mass Market Manipulation) (n/t)
WarGamer
(18,248 posts)3. BAN ALL TRADING by Congress critters.
They can move all investments into ETF's, not individual tickers and be managed by a blind trust.
WarGamer
(18,248 posts)4. People seem confused by this... the little spike before the big spike was response to Bond Auction.
I was watching live and saw the blip but it came back down... before the big ripper.