From Katie Porter <[email protected]>
Subject Who traded stocks before Trump’s tariff announcement?
Date April 10, 2025 8:58 PM
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[ [link removed] ]Katie Porter for Governor



Dear John,

It’s bad enough that Donald Trump’s idiotic tariff policy is destabilizing
our economy. Now, it seems like government officials might be profiting
off the chaos, too.

Take a look at how stock trading spiked BEFORE Trump announced his tariff
“pause.”

[ [link removed] ]A post on X from @SpencerHakimian reading: 'NASDAQ call volume spiked
minutes before the 90 day tariff pause was announced. Not a good look at
all.' It includes a graph of NASDAQ call volume on the day of the tariff
pause announcement, showing the number of calls increasing from between 0
and 2.5k at 1pm to between 10k and 12.5k at 2pm.

Our savings and retirement are not chips for Trump officials or members of
Congress to gamble with. The American people deserve answers about whether
anyone used nonpublic information to juice their own stock portfolios.

The reality is that existing guardrails aren’t enough to stop the
self-dealing in Washington.

When I was in Congress, I introduced legislation that would’ve banned
members of Congress, the president and vice president, and the justices of
the Supreme Court from trading individual stocks. And, in my political
work, I only endorse Congressional candidates who support a ban on members
of Congress trading stock.

We deserve confidence that our elected officials are acting in the public
interest, not their own self interest. If I’m elected California’s next
governor, you can always count on me to act in the best interest of
Californians.

But I need your help if we’re going to win this race. Can you make a
donation of $5 today?



[ [link removed] ]Donate ›››



Thanks for considering,
Katie




 




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