Schiff demands investigation into Trump over insider trading claims

In the United States, reactions to President Donald Trump's abrupt pause on tariffs were swift and intense, raising questions about potential insider trading. Following Trump's announcement, the stock market surged dramatically, leading several congressional Democrats, including Senator Adam Schiff, to suspect manipulation. Schiff urged an investigation into whether Trump and his allies had prior knowledge of the tariff changes, which were publicized shortly after Trump advised on social media that it was a 'great time to buy' stocks. The timing of his statements just before the announcement led to accusations of privilege exploitation and financial wrongdoing. Further scrutiny was called for by various lawmakers, emphasizing the need for transparency regarding trades that might have occurred in the days leading to the tariff announcement, as profits from stock spikes could point to unethical behavior. House Speaker Mike Johnson and allies dismissed the allegations as partisan, framing the investigation as a political maneuver rather than a legitimate concern.