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The Biggest Insider Trading Case in American History?
Why the trading before Trump’s tariff pause announcement must be investigated
Shortly after pausing tariffs on most countries for 90 days, President Donald Trump held an Oval Office meeting where he congratulated two friends on how much money they had made that day. The stock market had skyrocketed following Trump’s tariff pause announcement. Trump said that it was “not bad” that one guy made “$2 1/2 billion” and the other “$900 million.” This came after a volatile week in financial markets where average people saw the value of their 401(k)s plummet and small businesses struggled to assess global supply chains.
The bigger question is: how did Trump‘s friends make such massive gains on the same day Trump announced a temporary pause on tariffs? Were they tipped off?
A spike in call options trading activity shortly before the temporary tariff pause announcement indicated that someone likely knew what was coming. In my time as a compliance officer on Wall Street trading floors, those situations are rarely coincidences. Traders don’t just get “lucky” on bets that big.
Yet, almost nobody in the mainstream media is covering it. Where is the pressure for Congress to investigate potential insider trading emanating from the White House…
