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‘Pump and Dump’: Market Manipulation Questions Swirl Over Trump Tariff Pause

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After one of the best days on Wall Street since World War II, fueled by President Donald Trump and his team’s conflicting messages and actions on tariffs, questions are swirling over possible insider trading, market manipulation, and “pump and dump” schemes.

President Trump’s announcement that he is pausing most of the increased tariffs that went into effect at midnight was met with glee by investors but with questions by critics who note that the President, just minutes after the markets opened Wednesday morning, had declared it a “great time to buy.” Less than four hours later, upon news breaking of his “pause” announcement, stock prices surged.

The Dow closed up almost 3000 points, and the S&P 500 surged 9.5 percent, its biggest increase since 2008.

Some critics say the optics are even worse given that Treasury Secretary Scott Bessent, following the President’s market-shaking “pause” announcement, reportedly told reporters it had been the plan all along.

READ MORE: ‘No Plan’: Trump Ripped for ‘Lurching’ Strategy After Surprise Tariff Reversal

“Is this market manipulation?” asked U.S. Rep. Steven Horsford (D-NV), in a hearing Thursday afternoon, questioning Trump Trade Representative Jamieson Greer.

“No,” Greer replied.

“Why not? If it was a plan, if it was always a plan, how is this not market manipulation?” Horsford insisted, appearing to refer to Secretary Bessent’s prior remarks.

“It’s not market manipulation, sir,” Greer added.

“Well, then what is it?” an angered Horsford demanded. “‘Cause it sure is not a strategy.”

“We’re trying to reset the global trade system,” Greer continued.

“What has that done?” Horsford interjected. “How have you achieved any of that? But to enact enormous harm on the American people, which was our concern from the very beginning, Tariffs are a tool. It can be used in the appropriate way to protect U.S. jobs and small businesses. But that’s not what this does. So, if it’s not market manipulation, what is it? Who’s benefiting? What billionaire just got richer?”

“But meanwhile, the Speaker is rushing to the floor to pass a budget reconciliation to screw America by passing the biggest tax cut in history — on the backs of the American people? W.T.F.! Who’s in charge? Because it’s sure doesn’t look like it’s the trade representative. You just got the rug pulled out from under you.”

Journalist Ahmed Eldin writes, “Trump tells followers to buy when market opens, then hours later, he pauses tariffs — stocks surge. Totally normal! Just your average day of legal-ish insider trading and market manipulation. Corruption is trading at an all-time high.”

Wednesday afternoon, U.S. Senator Adam Schiff (D-CA) announced that he will be “writing to the White House to demand who knew in advance that the president was once again going to flip flop on tariffs —and are people cashing in?”

“There is just all too much opportunity for people in the White House and the administration to be insider trading and you can’t put it past them for a minute,” he said. “I think Congress should do an investigation into this, but we’re gonna demand answers from the administration.”

READ MORE: Noem Slammed for Pointing Assault Rifle at Law Enforcement Officer

“This will come out,” Schiff vowed, “but an administration that has their own meme coins and has already engaged in self interested dealing with Elon is ‘DOGEing’ agencies that are doing oversight in his own businesses, and that kind of corrupt climate, you have to assume the worst, and we’re gonna try to find out.”

Attorney Jackie Singh, a cybersecurity, privacy, and cybercrime expert, posted a CNBC screenshot with the headline: “White House insists Trump’s tariff reversal was his strategy all along.”

“Yes,” she writes, “pump & dump schemes were previously an exclusive realm of fraudsters, and considered prosecutable criminal activity–Now neatly employed by the President of the United States (also a fraudster).”

Political strategist Chris D. Jackson writes, “So he caved after he said he wouldn’t. Was this all a big market manipulation scheme?”

International security analyst Matthew VanDyke insisted the Trump administration “is going to be investigated for market manipulation.”

“Somebody just made BILLIONS off this tariff-based manipulation of the markets,” noted attorney Tristan Snell, who prosecuted the Trump University case for the State of New York. “And it wasn’t any of us.”

“Historian here,” writes Professor of history Manisha Sinha, “while they are tanking the U.S. economy the White House and Trumps cronies are making millions from market manipulation and speculation.”

SiriusXM host John Fugelsang wrote: “This isn’t The Art of the Deal. It’s insider trading with a bad comb-over.”

Watch the videos above or at this link.

READ MORE: ‘Dangerous’ New Trump Drug Tariffs Would Lead to Shortages, Soaring Costs, Death: Critics

 

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‘You Don’t Care’: Gay Congressman Blasts Defense Secretary Over LGBTQ Troops

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U.S. Rep. Eric Sorensen, a Democrat and the first openly gay member of Congress from Illinois, delivered strong criticism of U.S. Secretary of Defense Pete Hegseth, accusing the embattled Pentagon chief of not caring about LGBTQ service members, and fostering an environment where LGBTQ people do not want to join the military. He also brought up the planned renaming of the USNS Harvey Milk, which the Secretary reportedly ordered to intentionally coincide with LGBTQ Pride Month.

Congressman Sorensen told Secretary Hegseth that Harvey Milk, the first openly gay elected official in California, who was assassinated in 1978, served “courageously,” but was forced to resign from the Navy because he was gay.

“You see,” Congressman Sorensen said, “as a kid, all I wanted to be was the weatherman on TV. You know, I learned that I could have gone into the Army or the Navy to learn meteorology. But someone like me was not allowed. They didn’t want someone like me, Mr. Secretary.”

READ MORE: ‘Coup’: What DHS Secretary’s ‘Liberate’ Comment Means, According to Experts

“There wasn’t anything that I could do to change myself, or the way that my nation thought of me. And so I want to keep this very simple. Do you believe that Harvey Milk is a veteran who deserves his country’s thanks?”

Hegseth attempted to dodge the question.

“Sir, the decision to rename the ship was—” Hegseth began.

“I’m just asking, do you believe that Harvey Milk is a veteran who deserves his country’s thanks? Yes or no,” Sorensen pressed.

“If his service was deemed honorable, yes,” the Secretary replied.

“I disagree with your leadership,” Sorensen said, “because I believe that every veteran deserves our thanks. We all walk in the footsteps of leaders before us, and you may not find the value in the fact that many of those people are women, with different skin colors, different backgrounds, different talents, immigrants, gay, straight, transgender, disabled.”

READ MORE: In Reversal, Trump Uses Term Tied to Ethnic Cleansing Amid Renewed Mass Deportation Demand

“You may want to change it, but you can’t. Because the America that you and I both serve is a place where everyone has the ability—or should have the ability—to grow up and be the hero their grandpa was. I wanted to do that when I was a kid.”

“We’re going back to that time,” the congressman warned. “Gay kids like me, they don’t want to go into the Army. They don’t want to go into the Navy, because you don’t care for them. It’s happening all over our country.”

“My grandpa taught me never to judge the value of a veteran’s service. And I hope, Mr. Secretary, you learn to do the same in your capacity, and you can find it in your heart, to make that part of your process.”

Watch the video below or at this link.

READ MORE: Democrats Demand Noem Testify After Handcuffing of US Senator Padilla

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‘Coup’: What DHS Secretary’s ‘Liberate’ Comment Means, According to Experts

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Before her protective squad forcibly removed, detained, and handcuffed a sitting U.S. Senator asking a question at her Los Angeles press conference, U.S. Secretary of Homeland Security Kristi Noem delivered remarks that legal and political experts warn are explosive.

“We are not going away,” Secretary Noem vowed, regarding herself and her Immigration and Customs Enforcement (ICE) agents, other DHS operatives, and the U.S. Military, all of whom she promised would “continue to sustain and increase our operations in this city.”

“We are staying here to liberate this city from the socialist and the burdensome leadership that this governor and that this mayor have placed on this country here,” she declared, referring to Democratic California Governor Gavin Newsom and Democratic Los Angeles Mayor Karen Bass.

Experts are once again sounding the alarm.

READ MORE: In Reversal, Trump Uses Term Tied to Ethnic Cleansing Amid Renewed Mass Deportation Demand

“I think the governor and mayor of Los Angeles are right,” declared U.S. Senator Adam Schiff (D-CA) on MSNBC on Thursday night. “I think they’re testing out their ability to essentially commandeer National Guards throughout the country, and use them for their own purposes.”

“One thing that got lost in the horrendous treatment of Alex Padilla today,” Schiff continued, “was what Kristi Noem said at that press conference in saying that it was necessary to have these troops there to ‘liberate’ the city from the socialists. That’s the kind of rhetoric the administration is using.”

He went on to say that “the fact that they would abuse the military that way and justify it that way is unconscionable.”

Other critics weighed in as well.

Quoting Secretary Noem’s remarks, Harvard University Professor Emeritus Laurence Tribe, a top constitutional law scholar, wrote: “Using military force to displace a democratically elected state government is called a coup.”

Former prosecutor and former Hill staffer Stephen Rodio remarked, “Trump’s regime is going to liberate us from the people that we elected to represent us.”

“Be clear on what she’s saying here,” wrote podcaster Joe Walsh, a former GOP Tea Party Congressman and now a Democrat and political commentator. “She’s saying that Trump is going to use the U.S. military to overthrow both the duly elected Mayor of Los Angeles & the Governor of California. I understand she’s not very bright, but, in essence, she’s saying the federal government has declared war on California.”

READ MORE: Democrats Demand Noem Testify After Handcuffing of US Senator Padilla

“Quiet Part Out Loud?” asked U.S. Senator Sheldon Whitehouse (D-RI). “Sounds a lot like she’s saying they’re there to liberate the city from its elected government.

Lincoln Project senior advisor Stuart Stevens also quoted Noem’s remarks, then wrote: “That’s a statement of intent of a coup, to ‘liberate’ a state from legally elected officials. Then armed men tackle and shackle one of those leaders. Nothing about we are here to arrest violent offenders and support law enforcement.”

“The declared purpose is to undo the choice of voters. Nothing like this has ever happened in modern America except the insurrection of Jan. 6th, which Noem supported, including her support for pardoning those who assaulted law enforcement.”

“Greeted as liberators, you say?” wrote Wall Street Journal reporter Alex Ward, appearing to echo former Bush 43 Vice President Dick Cheney’s fated 2003 Iraq War claim.

“Do the decent thing and resign, Noem,” urged former U.S, Rep. Carol Shea-Porter (D-NH). “The world is watching.”

Watch the video below or at this link.

READ MORE: ‘Not Today Hegseth’: Dem Slams Defense Secretary as ‘Unfit to Lead’ in Fiery Exchange

 

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In Reversal, Trump Uses Term Tied to Ethnic Cleansing Amid Renewed Mass Deportation Demand

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Facing backlash from his base over an announced, possible exemption for undocumented immigrants working in agriculture and hospitality, President Donald Trump has entirely reversed course, now calling for the mass “remigration” of all undocumented individuals. The term “remigration” is closely associated with ethnic cleansing and far-right European movements, including the neo-fascist political party backed by both Trump and his vice president.

In a wild rant steeped in fascist and ethnonationalist rhetoric, Trump baselessly attacked the Biden administration and characterized all undocumented immigrants as takers costing the country billions—despite the fact that the undocumented population is a net economic positive for the United States.

“The Biden Administration and Governor Newscum,” Trump declared Tuesday evening—using his derogatory nickname for California Governor Gavin Newsom—“flooded America with 21 Million Illegal Aliens, destroying Schools, Hospitals and Communities, and consuming untold Billions of Dollars in Free Welfare.”

READ MORE: Democrats Demand Noem Testify After Handcuffing of US Senator Padilla

These claims are not supported by evidence.

“All of them have to go home, as do countless other Illegals and Criminals, who will turn us into a bankrupt Third World Nation. America was invaded and occupied. I am reversing the Invasion. It’s called Remigration. Our courageous ICE Officers, who are daily being subjected to doxxing and murder threats, are HEROES. We will always have their back as they carry out this noble mission. America will be for Americans again!”

Just one day earlier, Trump had declared that undocumented immigrants working on farms, in agriculture, the hotel and entertainment industries are “very good, long time workers,” who are “almost impossible to replace.”

READ MORE: ‘Not Today Hegseth’: Dem Slams Defense Secretary as ‘Unfit to Lead’ in Fiery Exchange

Changes are coming!” he vowed.

“Our farmers,” Trump also said Thursday at a press conference, according to The New York Times, “are being hurt badly by, you know, they have very good workers, they have worked for them for 20 years.”

“They’re not citizens, but they’ve turned out to be, you know, great. And we’re going to have to do something about that. We can’t take farmers and take all their people and send them back because they don’t have maybe what they’re supposed to have, maybe not.”

“We can’t do that to our farmers and leisure, too, hotels,” he said, suggesting an executive order was in the works. “We’re going to have to use a lot of common sense on that.”

All that appears to have been a blip.

READ MORE: ‘Mouthpiece for the Kremlin’: Rubio Scorched for ‘Russia Day’ Congratulations

 

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