" Not a individual elector should be okay with this from either political company . "
It’s been utterchaos in the stock marketthis month, andAOChas a lot to say about it.
On the morning of April 9, Trump posted on Truth Social, writing, “THIS IS A GREAT TIME TO BUY!!! DJT.”
A couple hours later, he shared, “I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.” The market rallied HARD: The S&P 500 and the Dow saw their biggest single-day surges since 2008, and the Nasdaq ended the day with the second-largest one-day rally in its history, perYahoo! Finance.
Well! If you know anything about Alexandria Ocasio-Cortez, you can probably guess she wasn’t a fan of all this. AOC famouslydoesn’t own any private stocksand is one of the least wealthy members of Congress. In fact, she’s introducedseveral billsover the years that hoped to ban lawmakers from holding or trading individual stocks.
In a tweet that garnered over 209,000 likes, she wrote, “Any member of Congress who purchased stocks in the last 48 hours should probably disclose that now. I’ve been hearing some interesting chatter on the floor. Disclosure deadline is May 15th. We’re about to learn a few things. It’s time to ban insider trading in Congress.”
In an interview withSpectrum News NY1, she said, “If people are pissed about insider trading here at the House, look at what’s happening at the White House right now, with the Republican Party… I don’t think that Trump just coincidentally said buy stocks and then shortly later made an announcement that dramatically inflated and dramatically raised a lot of these asset prices.”
" If people are pissed about insider trading here at the House , look at what ’s find at the White House right now . " 👇 Rep.@AOCtells me " it sure enough seemed like " Trump knew what he was doing when he send " THIS IS A GREAT TIME TO BUY ! ! ! ” ahead of his tariff pause announcementpic.twitter.com/0TKC2beQTR
And AOC isn’t the only one. Elizabeth Warren wrote a letter to the SECasking for an investigationinto whether Trump’s actions “enriched administration insiders and friends at the expense of the American public and whether any insiders, including the president’s family, had prior knowledge of the tariff pause that they abused to make stock trades ahead of the president’s announcement.” The letter was signed by numerous Democrats, including Senate minority leader Chuck Schumer.
Additionally, nearly 20 Democrats in the House signed a letter from Maxine Waters to the SECdemanding a similar investigation. House Minority Leader Hakeem Jeffries has also spoken out about the “need to get to the bottom of the possible stock manipulation that is unfolding before the American people.”
Here’s what people are saying about all this:
Comments were taken from Reddit threadshere , here , here , andhere .
“Members of Congress should be banned from trading stocks while they’re in Congress and probably also some time after. It’s wild to allow them to trade while making rules that impact the value of the commodities they’re trading.”
— u / chubs66
" It ’s wild that such a blatant conflict of interest has been capable to go on for so long . I pretend it makes sensation though , considering that the people who benefit from it are the ones who would have to change it . "
— u / Millennial_Man
“If Obama or Biden ever did something like this, boyyyyyy.”
— u / HeadDiver5568
“A lot of people who hate AOC have been brainwashed by their media sources to forget that she primaried and beat one of the top, most entrenched Democrats. That’s why everyone hated her, Democrat and Republican. She is fighting against the system. That is why she and Bernie are such a natural pair to tour the country and ignite the resistance.”
— u / imadeathrow_away
— atomic number 92 / ChecksAndBalanz
“Hard not to like AOC if you have even half a brain.”
— uracil / RackCitySanta
“Doesn’t matter even if it were insider trading. DJT knows SCOTUS gave him a pass, and all he needs to do is claim it was a ‘presidential act.'”
— Classic - Dimension-54
" rightful , but it ’s important for the people to know . If they choose to believe it , that is . "
— u / dolemiteo24
“Sorry AOC, Congress can’t hear you over all the money they’re making.”
— u / KidKilobyte
“Martha Stewart must be livid.”
— atomic number 92 / Separate_Today_8781