2025-05-16T14: 24: 49Z
- One of the secretaries of Trump’s office has made a particularly timed business of Trump Media Stock.
- The Attorney General Pam Bondi sold his millions of dollars in shares on April 2.
- It was the same day that Trump announced new prices, sending the market in shock.
A key member of the administration of President Donald Trump carried out a particularly timed scholarship trade last month, according to a disclosure made public this week.
The Attorney General Pam Bondi sold his actions as Trump Media on April 2 – the same day as the Trump’s “Liberation Day” price announcement, who plunged the action courses in the following days.
The exact value of Bondi’s actions at the time was unknown, but they were worth more than $ 3.9 million in December, according to the documents obtained by BI at the time.
The general prosecutor had to decide on her actions of the company, which she won thanks to consultation work, within 90 days of its confirmation. Bondi probably did not significantly take advantage of the transfer. Trump Media closed $ 18.76 on April 2, while the action was constantly negotiating more than $ 30 per share in December.
But he was still very like – the course of the action dropped by around 13% in the following days, although he finally rebounded after Trump announced a 90 -day break on the “reciprocal” prices on April 9.
It is not known if Bondi had a prior knowledge of Trump’s pricing movements. The Ministry of Justice did not immediately respond to the request for comments from Business Insider.
Democrats have repeatedly suggested that Trump has embarked on market manipulation with his pricing movements and that his allies knew it in advance.
No tangible evidence of this has emerged, although the republican representative Marjorie Taylor Greene of Georgia made a series of well -timed trades during the drop in April.
Bondi transactions have also attracted democratic examination.
“We need an investigation to find out if the Attorney General Bondi is committed to the initiate offense,” the Democratic Greg Casar in Texas on Thursday wrote. “A culture of corruption infected the Republican Party. The Americans deserve answers.”
businessinsider
