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BREAKING: House Majority Leader Hakeem Jeffries makes the announcement that Republicans were dreading — reveals that Democrats are launching investigations into potential financial wrongdoing tied to Donald Trump's tariffs.
This is the last thing that MAGA wanted to hear....
"We need to get to the bottom of the possible stock manipulation that is unfolding before the American people, including what, if any, advance knowledge did members of the House Republican Conference have of Trump’s decision to pause the reckless tariffs that he put into place?" Jeffries said to reporters.
"There are several members of Congress who will be aggressively demanding answers and transparency, particularly as it relates to stock purchase decisions that may have occurred over the last few days,” Jeffries continued.
Democratic senators Adam Schiff and Ruben Gallego have already demanded that the Office of Government Ethics investigate any possible insider trading tied to the tariffs.
Specifically, they requested any information on whether Trump, his family, or members of his administration "engaged in insider trading or other illegal financial transactions informed by advanced knowledge of non-public information regarding his changes to tariff policy."
Representative Alexandria Ocasio-Cortez has also called for members of Congress to reveal any financial transactions made in recent days.
It would have been a simple matter for Trump to inform his cronies before making the announcement of the 90-day tariff pause, allowing them to invest heavily before stock prices spiked.
"Members of the House of Representatives will have to disclose any stock trades that they’ve made 30 days from the date of those trades, or potentially no later than 45 days. And so the reality is, people are going to have to pay the piper in terms of disclosure," Jeffries continued.
"Our point is: You might as well get it out into the public domain now, because it’s coming later. And there’s nothing that you can do about it," he concluded.
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