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Fortune

Christiaan Hetzner

AOC and Warren demand answers on ‘insider trading’ allegations after Trump’s tariff U-turn sparks stock surge

Donald Trump Elizabeth Warren Charles Schwab DJT Howard Lutnick the White House Fortune

U.S. President Donald Trump answers a reporters question during a meeting with Israeli Prime Minister Benjamin in the Oval Office of the White House on April 7, 2025 in Washington, DC. (Credit: Kevin Dietsch—Getty Images)

The White House faces allegations it may have enabled unlawful gains on the stock market in connection with Donald Trump’s tariff brinkmanship. “Americans need to know whether President Trump or anyone in his administration manipulated the market to benefit their donors,” said Sen. Elizabeth Warren.

Leading Democrats in Congress are alleging allies of President Donald Trump may be illegally profiting from his tariff brinkmanship.

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