Schiff Seeks Answers on White House Profiting from Trump’s Tariff Pause Declaration
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Senator Adam Schiff raised concerns about potential insider trading within the White House amidst the stock market's fluctuations due to tariff announcements by President Trump. Schiff questioned if anyone within the administration profited from buying or selling stocks based on advance knowledge of Trump's tariff decisions, which caused significant market volatility. Following Trump's pause on tariffs for certain countries, Schiff expressed worries about the opportunities for insider trading created by abrupt policy changes. He intends to address these concerns in a letter to the White House, seeking clarity on who had prior knowledge of the tariff announcements and any associated stock transactions. Despite inquiries, Schiff's office and the White House have not provided comments on the matter. The investigation into potential insider trading involves examining trading activities related to the stock market reactions following Trump's tariff announcements.

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