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Lawmakers in the United States are questioning whether President Donald Trump and his allies
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may have engaged in improper market manipulation. On Wednesday, Trump posted on social media that it was a great time to buy
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shortly before announcing he was letting up on some of his new tariffs
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a move that caused a momentary spike in the market. If investors had bought stocks at the time of his post, then sold them
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they could have made a quick wad of cash. Indeed, on Thursday, Democrats pushed for the Office of Government Ethics and the Security and Exchange Commission
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to look into possible federal policy, insider trading, and market manipulation violations
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The American people have a right to know that policy is being made only with their interests in mind
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and not the individual financial interests of people in the Trump administration or Trump family
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that figure out how to make money on the side hustle. The White House has argued that Trump's post was merely a reflection of the presidential duty
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to reassure the markets and Americans about their economic security, a sentiment echoed by Republican lawmakers
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It's pretty obvious that when the stock market's in a dip, that maybe if you have some money, you might consider investing
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and make some money when it picks back up again. I think any idea of insider trading is ridiculous
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There are also questions swirling around Trump signing his contentious post, DJT
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They're his initials, but also the stock symbol for Trump media. The price of Trump media subsequently soared twice as much as the broader market
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even though the company would be largely unaffected by tariff changes