Brief by Shorts91 Newsdesk / 03:13pm on 11 Apr 2025,Friday International
Six US Senate Democrats, led by Elizabeth Warren, have called for an insider trading probe into President Donald Trump after his Truth Social post urged the public to buy stocks hours before he announced a 90-day pause on global tariffs. The move triggered a major stock rally, including a 21.67% rise in shares of Trump’s own media company. Senators want the SEC to investigate if Trump, his family, or associates had prior knowledge for personal gain. Trump also recently launched a "memecoin", sparking criticism. The White House said his post was meant to “reassure” markets, not manipulate them. (PC: AFP)
