1. United States
  2. Neb.
  3. Letter

Who benefited from market manipulation?

To: Rep. Bacon, Sen. Ricketts, Sen. Fischer

From: A constituent in Papillion, NE

April 10

“THIS IS A GREAT TIME TO BUY!!! — DJT” With that single line, Donald Trump admitted what many of us already knew. Even to a layperson, this looks and smells like some form of market manipulation and insider trading strategy. As the market plunged today, average Americans watched their retirement accounts bleed, their orders get canceled, their businesses close, and their futures unravel — while Trump and his cronies waited at the bottom to buy in cheap. They knew when the floor was coming. We didn’t. We were just left holding the bag. As soon as the market hit the low they were waiting for, three hours after that post, the tariffs were suddenly suspended for 90 days. Just long enough for their portfolios to recover — not ours. This isn’t policy. It’s economic arson. Please use your power as an elected representative to investigate who is profiting off this. Are members of the Trump Cabinet or the Trump family making money on these market moves and their pre-knowledge of those moves? An independent inquiry is warranted to examine if any undue personal benefits were derived from these destabilizing actions that shook investor confidence. Protecting market integrity and preventing abuse of power for private gain is crucial for maintaining trust in fair economic policies. A thorough investigation would uphold transparency and accountability in governance.

Share on BlueskyShare on TwitterShare on FacebookShare on LinkedInShare on WhatsAppShare on TumblrEmail with GmailEmail

Write to Don Bacon or any of your elected officials

Send your own letter

Resistbot is a chatbot that delivers your texts to your elected officials by email, fax, or postal mail. Tap above to give it a try or learn more here!