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Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage (www.commondreams.org)

submitted 8 months ago by pelespirit@sh.itjust.works to c/politics@sh.itjust.works

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Nitter link to video: https://nitter.net/MorePerfectUS/status/1910340290260463771#m

The market surge added over $300 billion to the collective wealth of the world's top billionaires in a matter of hours, according to Bloomberg. Shortly before announcing the tariff pause, Trump posted to his social media platform that it is a "great time to buy" stocks, prompting accusations of market manipulation.

A video clip of U.S. President Donald Trump openly boasting about enriching his billionaire friends is drawing outrage as the administration faces growing scrutiny for possible market manipulation and insider trading in the aftermath of his partial tariff pause.

"He made two-and-a-half billion today," Trump said in the Oval Office on Wednesday, just hours after announcing the pause, "and he made $900 million."

"That's not bad," the president added.

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[–] pelespirit@sh.itjust.works 6 points 8 months ago (1 children)

I think that the billionaires part really just reversed the drop when they were announced.

Why would you think that? He bragged about them making a shit ton of money while they were in his office. He obviously thought he had something to do with it and wanted them to "pay him back" somehow.

[–] dependencyinjection@discuss.tchncs.de 6 points 8 months ago

Because he’s an idiot, but I could be mistaken. As I said you should look at how bought right before the news broke.