Tag: Insider Trading

How Trump Made Himself Much, Much Richer by Stock Trading as President

“But there is a crisis with those stockpiles right now?” pressed Brennan. “There is a crisis with those stockpiles right now in private industry. You have testified to it in front of Congress.” “No there’s not,” Hegseth replied. “That is a manufactured story that the media wants to peddle. And ultimately, we are, our stockpiles […]

Read More

Trump Pardons Stephen Buyer, Former Congressman Convicted of Insider Trading

President Trump has pardoned Stephen E. Buyer, a former Republican representative from Indiana who was convicted of insider trading in 2023. The pardon for Mr. Buyer was endorsed by current and former Republican lawmakers, including Senators Roger Wicker of Mississippi and Lindsey Graham of South Carolina, and former House Speaker John Boehner, according to the […]

Read More

Treasury Sec. Attacks Elizabeth Warren in Freakout Over Trump’s Stocks

“I’ve never seen him fall asleep. On the contrary, the guy doesn’t sleep, which is a big problem ’cause he calls me at two in the morning, he calls me at five in the morning, and you know, I like to sleep a little bit, maybe not 12 hours, but at least six—” Rubio said, […]

Read More

Trump’s War Sparks Tsunami of Insider Trading

Across the board, voters disapprove of everything Trump is doing by majorities approaching 60 percent, according to the poll. About 59 percent of them disapprove of how he is handling his job as president, and 56 percent disapprove of how he’s handling immigration. 64 percent don’t approve of what he’s doing with the economy. Trump […]

Read More

Trump Has Made Bank Off Stocks From Companies With Federal Contracts

On February 10, Donald Trump purchased between $1 million and $5 million worth of stock in Nvidia, a massive AI chip maker. A week later, Nvidia announced a major computer processing power deal with Meta. Jensen Huang, Nvidia’s CEO, has spent more than a year cozying up to Trump. Trump previously purchased between $500,000 and […]

Read More

Trump Has Made Bank Off of Government Contractors’ Stock

On February 10, Donald Trump purchased between $1 million and $5 million worth of stock in Nvidia, a massive AI chip maker. A week later, Nvidia announced a major computer processing power deal with Meta. Jensen Huang, Nvidia’s CEO, has spent more than a year cozying up to Trump. Trump previously purchased between $500,000 and […]

Read More

Trump Has Mindblowing Reaction to Insider Trading on Maduro Capture

First, DeSantis’s office has redrawn the new congressional districts in secret, rejecting state legislators’ calls for an open process during their regular session in January. DeSantis is the first governor in state history to submit his own secretly drafted maps, and as of Thursday night, Florida lawmakers still haven’t seen them. The hidden process frustrates […]

Read More

Trump Has Mindblowing Reaction to Soldier Allegedly Betting on Maduro

First, DeSantis’s office has redrawn the new congressional districts in secret, rejecting state legislators’ calls for an open process during their regular session in January. DeSantis is the first governor in state history to submit his own secretly drafted maps, and as of Thursday night, Florida lawmakers still haven’t seen them. The hidden process frustrates […]

Read More

Does the SEC Care Whether Hegseth Is Killing Iranians To Get Rich?

Last month, I considered whether Defense Secretary Pete Hegseth used what he knew about the imminence of the Iran war to expand his stock portfolio with a little blood money (“Is Pete Hegseth Killing Iranians To Get Rich?”). That was the thrust of a shocking Financial Times report, based on three anonymous sources, that said […]

Read More

White House Begs Staffers to Stop Placing Bets on Prediction Markets

“In the Administration’s view, the records of the official activities of the President and nearly 1,000 White House employees—generated using taxpayer funds, on government property, regarding official government business—belong to the President personally, and not to the American people,” the complaint reads. “Government for the people, by the people, and of the people this is […]

Read More

“TACO” Trump Is a Dangerous Mirage

A new report from the Institute for Policy Studies, or IPS, takes a deep dive into the battery of corporations they call the “Low Wage 20”: 20 firms that currently employ 6.7 million people across the United States. The names are familiar—Amazon, Starbucks, FedEx, Walmart, and Tyson Foods are habitual malefactors—but their sins are growing […]

Read More

Is Pete Hegseth Killing Iranians to Get Rich?

John Cassidy noted in The New Yorker that this wasn’t the first time traders appeared clairvoyant about Trump’s actions. “The day before the war began,” he wrote, “six accounts on Polymarket, the online prediction site, wagered that the U.S. would strike Iran within forty-eight hours, netting profits of more than a million dollars. In January, […]

Read More

Oil Trades Erupted Just 15 Minutes Before Trump’s Iran Announcement

Thirteen other states, including New York, California, and Texas, as well as the District of Columbia, have similar laws. An affirmative ruling could also impact states’ collection of ballots from Americans overseas. Justice Samuel Alito fretted that “a big stash of ballots” could arrive late and “radically” flip the results of an election. Mississippi Solicitor […]

Read More

Oil Trades Erupted Just Minutes Before Trump’s Iran Announcement

Thirteen other states, including New York, California, and Texas, as well as the District of Columbia, have similar laws. An affirmative ruling could also impact states’ collection of ballots from Americans overseas. Justice Samuel Alito fretted that “a big stash of ballots” could arrive late and “radically” flip the results of an election. Mississippi Solicitor […]

Read More

One “Lucky” Trader Made $1 Million on Polymarket Iran Bets

But Iran’s foreign ministry quickly denied the news and claimed that there has been “no dialogue” between the two countries, with one top official adding that Trump “retreated after hearing that our targets would be all power plants in West Asia.” When questioned about Iran’s response later on Monday morning, Trump stuck to his story.  […]

Read More

One “Lucky” Trader Made Nearly $1 Million on Polymarket Iran Bets

But Iran’s foreign ministry quickly denied the news and claimed that there has been “no dialogue” between the two countries, with one top official adding that Trump “retreated after hearing that our targets would be all power plants in West Asia.” When questioned about Iran’s response later on Monday morning, Trump stuck to his story.  […]

Read More

One “Lucky” Trader Hit Jackpot on Polymarket With Iran Bets

But Iran’s foreign ministry quickly denied the news and claimed that there has been “no dialogue” between the two countries, with one top official adding that Trump “retreated after hearing that our targets would be all power plants in West Asia.” When questioned about Iran’s response later on Monday morning, Trump stuck to his story.  […]

Read More