- United States
- Calif.
- Letter
Donald Trump’s reckless public statements about firing Federal Reserve Chair Jerome Powell — followed by blatant denials after markets react — appear to be deliberate attempts to manipulate financial markets for political gain.
This is not the first time. Trump has repeatedly made market-moving statements (about tariffs, oil production, now monetary policy) and then reversed them, creating predictable waves in markets. These statements serve no policy purpose but to sow chaos and reposition narratives to his benefit.
Congress must investigate whether this pattern amounts to:
• Unlawful market manipulation
• An abuse of public trust
• A threat to U.S. economic stability and Fed independence
I urge you to open hearings, subpoena Trump and his associates’ trading records, and send a clear message: our financial markets are not toys for political manipulation.
The integrity of U.S. monetary policy and market trust is at stake.