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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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‘Spin of the Day’: Leavitt Rants at Media After Trump’s Failed Summit

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In a series of sharp criticisms, White House Press Secretary Karoline Leavitt blasted the media for its coverage of President Donald Trump’s Alaska Summit with Russian President Vladimir Putin on Friday, claiming despite the goalposts that Trump himself had set but did not meet, it was “highly productive” and “successful.”

President Trump had said the goal of the Alaska talks was a ceasefire, and warned that there would be severe economic consequences for Russia if no ceasefire agreement was reached, as CBS News reported.

No ceasefire agreement came, and Trump declared that to end the war between Russia and Ukraine, Ukraine would need to cede territory to Russia, despite Russia being the aggressor.

But Leavitt on Tuesday told a different story, attacking what she claimed was “the media’s negative and downright false coverage of President Trump and his foreign policy accomplishments.”

READ MORE: Trump Blames Ukraine: ‘You Don’t Take on a Nation That’s Ten Times Your Size’

“Initially, the media ridiculously claimed that President Trump was somehow beholden to Russia for even agreeing to have a face-to-face discussion with President Putin inside of the United States,” she declared. “The media said President Trump was making a grave mistake by, quote, ‘legitimizing Putin.’ They were aghast that President Trump would treat another world leader like a world leader.”

Indeed, many were angered that Putin, who is facing an arrest warrant for war crimes from the International Criminal Court in The Hague, was invited onto U.S. soil and then given the red carpet treatment.

“We also saw yesterday the president of Ukraine and all of the other major leaders of Europe fly across the Atlantic Ocean to meet President Trump at the White House because of the progress that was made, and that if you ask the media failed meeting, but it was not,” she insisted.

Leavitt repeated her claim that the European leaders flew across the ocean on just 48 hours notice because of all the progress that had been made by President Trump.

“In fact, there was so much progress in the readout that was given to these European leaders immediately following his meeting with President Putin that every single one of them got on a plane, 48 hours later, and flew to the United States of America,” Leavitt told reporters.

Seven European leaders attended the White House meeting with President Trump and President Zelenskyy, but some reports suggested it was to show unity and support, not because of any achievements that came from Friday’s meeting.

READ MORE: ‘Exit Through a Gift Shop’: Trump Slammed for Showcasing MAGA Merchandise to World Leaders

“The leaders personally came to support Ukraine and to discuss everything that will bring us closer to real peace, to a reliable security architecture that will protect Ukraine and all of Europe,” President Zelenskyy wrote on Monday night.

“The leaders showed unity, with Zelenskyy and European allies stressing the need for security guarantees in an eventual peace deal to deter Russia from invading in the future,” CBS News reported.

Critics disagreed with Leavitt’s claims.

Veteran journalist Michael McGough labeled Levitt’s remarks the “Spin of the day.”

“This is pure cult spin,” declared Wall Street banker Evaristus Odinikaeze. “European leaders didn’t jump on planes to D.C. because they were inspired by Trump’s ‘progress’ with Putin, they came because they were alarmed and terrified that he was about to sell Ukraine down the river. Leavitt is turning a fire alarm into a fanfare. When allies rush across the Atlantic in 48 hours, it’s not to celebrate, it’s to stop a disaster. In fact, the Finnish President Alex Stubb alluded to this when he told Trump the Finnish history after the Second World War.”

Watch the video below or at this link.

READ MORE: ‘Lies’: In Rant, Trump Falsely Claims States Are Mere ‘Agents’ of Federal Government

 

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Trump Blames Ukraine: ‘You Don’t Take on a Nation That’s Ten Times Your Size’

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President Donald Trump is blaming Ukraine for being attacked by Russia in President Vladimir Putin’s illegal war against the sovereign nation.

In a rambling and wide-ranging “Fox & Friends” interview on Tuesday, the President covered a lot of ground, including declaring that it would be unfair to Russia to allow Ukraine to become a part of NATO.

“It can’t be NATO because that’s just not something that would ever ever happen. He couldn’t. They couldn’t do that. If you were Russia, who would want to have your enemy, your opponent, sitting on your line? You don’t do that,” Trump said.

Trump then falsely claimed, “It was always thought that Ukraine was a, sort of a buffer between Russia and the rest of Europe — and it was, it was a big, wide buffer — everything worked out well until Biden got involved.”

READ MORE: ‘Exit Through a Gift Shop’: Trump Slammed for Showcasing MAGA Merchandise to World Leaders

Ukraine was promised future entry into NATO at an undetermined date, back in 2008. Finland borders Russia and is a member of NATO. Trump also did not say why there needed to be a “buffer” between Russia and Europe.

Trump also expressed that, he believes, Ukraine will have to give up land to Russia.

Asked what the European leaders thought about “land swaps,” which may or may not include Russia giving back land it took illegally, but no actual Russian land, Trump replied: “While they understand — look, everybody can play cute and this and that, but, you know, Ukraine’s gonna get their life back.”

“They’re gonna stop having people killed all over the place, and they’re gonna get a lot of land,” he claimed, not mentioning that that land belongs to Ukraine.

Then he accused Ukraine of attacking Russia, and suggested they were the provocateur.

“But this was a war, and Russia is a powerful military nation, you know, whether people like it or not, it’s a powerful nation,” Trump said. “It’s a much bigger nation.”

“It’s not a war that should have been started. You don’t do that. You don’t take on a nation that’s ten times your size and you know, military experts — look, look, here, if it wasn’t for the greatest military equipment. We make the greatest military equipment in the world, and we gave them— So, you know, whatever they took — probably a lot of money, too — but they had tremendous, you know, they had the Patriot missile, which is the best in the world.”

READ MORE: Trump Pushes Mail-In Ballot Ban While Zelenskyy Waits

“All the equipment, we make the best equipment in the world by far. Everyone else is like, nothing. So we gave them a lot of equipment. Now, with that said, the Ukrainian soldiers were brave as hell. Cause’s fighting a force that’s much, much bigger. Superior, much more powerful.”

Critics denounced Trump’s claims.

“For the umpteenth time, Trump blames Ukraine for starting the war. Trump can never be trusted. He works for Putin,” wrote podcaster and former GOP congressman Joe Walsh.

“Really crystallizesTrump’s world view that bigger nations can bully smaller ones just because they can,” wrote communications expert Eric Koch.

Watch the video below or at this link.

READ MORE: ‘Lies’: In Rant, Trump Falsely Claims States Are Mere ‘Agents’ of Federal Government

 

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‘Exit Through a Gift Shop’: Trump Slammed for Showcasing MAGA Merchandise to World Leaders

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President Donald Trump is being mocked after a White House aide posted a photo of him showing off his collection of MAGA merchandise to several world leaders inside an area of the White House that appears to be set up like a gift shop.

Leaders from France, Italy, the UK, Germany, and Finland, along with the Secretary General of NATO and the European Commission President attended a White House meeting on Monday with Ukrainian President Volodymyr Zelenskyy, in an effort to broker a peace deal over Russian President Vladimir Putin’s illegal war. Trump had snubbed the European leaders’ arrival but later met with them.

Some estimates say up to 350,000 troops have been killed since Putin attacked Ukraine in February of 2022. The number of Ukrainian civilians killed has been estimated to be over 13,000, with tens of thousands wounded and missing.

READ MORE: Trump Pushes Mail-In Ballot Ban While Zelenskyy Waits

“According to the British Ministry of Defence, more than one million Russian troops have been killed or injured since the full-scale invasion of Ukraine began on 24 February 2022,” The Guardian reported in June. “Ukraine has suffered very high losses as well, with between 60,000 and 100,000 personnel killed and total casualties reaching approximately 400,000.”

Some estimates put the number of Ukrainian children kidnapped and taken to Russia to be in the hundreds of thousands. Others put the number at about 35,000.

The shelves of the White House’s MAGA merchandise area appear lined with dozens of hats — thirteen different styles — including ones that read “Trump 2028,” “Gulf of America,” and his iconic “Make America Great Again” and “USA.” There are also towels, several coffee table books, a candle, an engraved tray, and other gift-like items.

Margo Martin, a Special Assistant to the President and Communications Advisor, from her official White House account, posted the photo (below) and wrote: “President @realDonaldTrump showing President Zelenskyy and President Macron his 4 More Years hat 🤣🇺🇸”

In the photo, President Macron can be seen holding a small wooden box.

Presumably Trump is not selling any of his MAGA merchandise inside the White House, which is on federal property and governed by rules including the Hatch Act. While Presidents are excluded from that law, White House officials are not.

Critics blasted the President.

READ MORE: ‘Don’t Be Surprised’: George Conway Says Trump Might Pull Out of NATO ‘Tonight’

“Imagine, your country is being bombed, your people killed, and not only does this man want to show you his hats, his staff thinks everyone should hear that he showed you his hats,” wrote former journalist Travis Fain.

“Unserious and embarrassing” declared South Dakota Democratic state lawmaker Linda Duba.

“It is against the constitution to run for a 3rd term,” wrote CBS News’ Ryan Sprouse, before citing the Twenty-Second Amendment to the U.S. Constitution.

Foreign affairs journalist Olga Nesterova wrote: “Exit through a gift shop.”

One social media user lamented: “I hope everyone realizes that this photo will be seen across the globe. Our ignorant President is a laughing stock. So is our country.”

See the White House image below or at this link.

READ MORE: ‘Lies’: In Rant, Trump Falsely Claims States Are Mere ‘Agents’ of Federal Government

 

Image via Reuters

 

 

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