Saturday, August 23, 2025

‘Time to Ban Insider Trading’: AOC Reacts to Market Spike, Trump Brags About His Insiders Making Millions

Representative Alexandria Ocasio-Cortez urged colleagues to immediately disclose recent stock purchases following dramatic market surges triggered by President Donald Trump’s tariff reduction announcement.

“Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now,” Ocasio-Cortez wrote late Wednesday in a social media post, referring to market volatility caused by Trump’s tariff policies.

The New York Democrat pointed to the May 15 disclosure deadline but argued that immediate transparency was needed, bluntly stating: “It’s time to ban insider trading in Congress.”

The Nasdaq stock volume rose sharply before Trump announced he would pause some of his sweeping tariffs on most US trading partners for 90 days. Hours before this policy shift, Trump had posted on Truth Social that it was “A GREAT TIME TO BUY!!!”

Ocasio-Cortez, who co-sponsored the Bipartisan Restoring Faith in Government Act in 2023 that would prohibit lawmakers from trading individual stocks, has consistently criticized congressional stock trading practices.

“The insider trading that happens in Congress — it explodes the cynicism that fuels the right,” she said during a February appearance on “The Weekly Show with Jon Stewart.” She added that Republicans “make no bones about what class they are here to serve.”

Current rules under the Stop Trading on Congressional Knowledge Act require members of Congress to disclose their stock trades within 45 days, but critics argue this timeline allows for potential conflicts of interest.

Senators Adam Schiff and Ruben Gallego formally requested an investigation in an April 10 letter addressed to White House Chief of Staff Susan Wiles and U.S. Office of Government Ethics Acting Director Jamieson Greer.

“We write to request an urgent inquiry into whether President Trump, his family, or other members of the administration engaged in insider trading or other illegal financial transactions, informed by advanced knowledge of non-public information regarding his changes to tariff policy,” the senators wrote.

The White House has denied allegations of market manipulation, with a spokesperson downplaying Democratic concerns as “partisan games” rather than legitimate oversight issues.

Meanwhile, Trump:


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Poilievre Blasts Trump Tariffs, Announces Plan to Boost Canadian Investments

Conservative Leader Pierre Poilievre on Thursday called on US President Donald Trump to end his...

Friday, March 28, 2025, 11:40:00 AM

Trump Plans To Impose Tariffs On Canada’s GST

The flurry of Trump’s tariffs is about to cross a weird border as Canada’s national...

Friday, February 28, 2025, 08:40:00 AM

House Democrats Seek to Restrict Trump’s Ability to Take Military Action Against Neighboring Nations

A Democratic lawmaker has introduced legislation that would prohibit the use of US military funds...

Monday, March 10, 2025, 12:56:00 PM

Trump Slaps 100% Tariff On Non-US Made Films To Save “Dying” Hollywood

President Donald Trump has ordered a 100% tariff on all movies produced outside the country,...

Monday, May 5, 2025, 02:53:00 PM

EPA Eliminates Scientific Research Arm in Major Agency Restructuring

The Environmental Protection Agency will shutter its main scientific research division and implement mass layoffs,...

Tuesday, July 22, 2025, 03:50:00 PM