President accused of insider trading after mysterious "IT'S TIME TO BUY" post before market surge
Senators are demanding answers after a suspicious sequence of events involving the President, stock advice, and a dramatic market surge.
If you've been following the financial news, you might have noticed something unusual happened yesterday – the stock market experienced its biggest single-day jump since 2008, with the Dow soaring 7.87% and the Nasdaq rocketing up an astonishing 12.16%.
But what caught everyone's attention wasn't just the historic market surge – it was what happened right before it.
Early yesterday morning, minutes after the stock market opened, President Trump posted a cryptic message on his Truth Social account: "IT'S TIME TO BUY." The post was signed "DJT" – which happens to be both his initials and the stock ticker symbol for his media company.
Just hours later, Trump made a surprise announcement that he would suspend additional tariffs against dozens of countries (except China) for 90 days – a complete reversal from his previous hard stance on global tariffs.
The timing has raised serious concerns about potential insider trading.
"Who in the administration knew about Trump's latest tariff flip flop ahead of time? Did anyone buy or sell stocks, and profit at the public's expense?" California Democratic Senator Adam Schiff posted on X, adding that he's writing to the White House because "the public has a right to know."
The suspicion deepened when White House communications adviser Margo Martin posted a video showing Trump receiving Charles Schwab, founder of the massive investment firm bearing his name, in the Oval Office later that day.
In the video, Trump can be heard introducing the 87-year-old billionaire to others in the room, saying: "This is Charles Schwab. He's not just a company, he's actually an individual! And he made 2.5 billion (dollars) today."
Trump Media & Technology Group, the company behind Truth Social that trades under the ticker "DJT," saw its shares jump 21.67% by the end of trading yesterday.
Former White House ethics lawyer Richard Painter, who served under President George W. Bush, told NBC that this scenario "could expose the president to charges of market manipulation," emphasizing that "Presidents are not investment advisors."
Democratic members of the House Financial Services Committee didn't mince words, writing on social media that "the President of the United States is literally engaging in the world's biggest market manipulation scheme."
The White House has defended the President's actions, with spokesperson Kush Desai telling the Washington Post that "it is the responsibility of the president of the United States to reassure markets and Americans about their economic security in the face of constant media scaremongering."
But the explanation hasn't satisfied critics who point out the unusual sequence of events: a presidential stock tip, followed by a major policy reversal, followed by a historic market surge, followed by a White House meeting with one of America's most prominent investment figures who allegedly profited billions from the day's events.
Financial experts note that even the appearance of impropriety in market activities by a sitting president raises serious ethical and potentially legal questions.
The story continues to develop as lawmakers call for investigations into who knew about the tariff policy change before it was announced publicly, and whether anyone in the administration or connected to the President may have profited from that knowledge.
