Dems float new narrative to attack Trump… insider trading

After we have literally seen dozens of reports on Pelosi’s husband’s timely stock trades, it is Donald Trump that Democrats want to investigate for insider trading.

Dems in both the House and Senate are pushing the narrative that Trump’s tariff war is actually an effort for insider trading.

Jeffries

Rep. Hakeem Jeffries (D-N.Y.) has been a disaster since taking over for Pelosi, and he is once again proving that he is part of the clown show that is DC these days.

With dozens of countries now reportedly calling Trump to work out deals, Dems had to figure out a way to turn this back into a negative story.

To that point, Jeffries stated, “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?”

This is utterly ridiculous, as Trump has been very open about his plan on tariffs from day one. Trump has every right to call this a witch hunt because that is exactly what it is.

Senate Joins In

Once this was out there, the rest of the party could not help but pile on. Senators Adam Schiff (D-CA) and Ruben Gallego (D-AZ) penned a letter to Trump’s Chief of Staff, Susie Wiles, demanding an investigation.

Then Senator Richard Blumenthal (D-CT) spouted off to the media, stating, “There are strong indications of manipulation and insider trading in the volatility and the sales that we’ve seen and the purchases – there are strong indications of impropriety of illegality in market manipulation or insider trading. I think it needs to be investigated by the SEC. I have no confidence that that agency in this administration will do its duty. Congress may have to fill the void.

“We have tools to ask for information, and if Republicans block us or they fail to cooperate, I think the American people will see them as complicit in illegal market manipulation or insider trading. The failure of the SEC to look into it, should prompt Congress to do so, and the Republicans blocking it will make them complicit.”

Blumenthal admitted they have no hard evidence, so this is just them throwing something into the fan and hoping it sticks to the wall.

Trump Administration Responds

White House spokesman Kush Desai came out firing, stating, "It is the responsibility of the President of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fearmongering.

“Democrats railed against China’s cheating for decades, and now they’re playing partisan games instead of celebrating President Trump’s decisive action yesterday to finally corner China.”

On the violence in the market, Trump stated, "I thought that people were jumping a little bit out of line. They were getting yippy. You know, they we're getting a little bit yippy, a little bit afraid, unlike these champions, because we have a big job to do. No other president would have done what I did. … I know the presidents, they wouldn't have done it, and it had to be done.”

I have preached patience from day one on this while also warning that this is a very tricky scenario for Trump. But now that the market has finally settled down, I think we are going to be fine. I have zero doubt, and I mean zero, that this was NOT done to manipulate the markets the way Democrats are alleging. I only wish they would have been this interested in the market with Pelosi’s husband was adding millions to their nest egg.