Trump buys stock in companies, then promotes them in public speeches shortly after
By
Judd Legum
Sesame, salt, and substance. A flagship bake.
Summary
President Trump has been purchasing stock in companies and then publicly promoting them in speeches and media appearances shortly after, raising serious ethical concerns about conflicts of interest and potential insider trading. The article details specific instances where Trump bought shares in Micron, Thermo Fisher Scientific, and other companies, then praised them publicly within days or even hours of his purchases. The reporting highlights how Trump is using his presidential platform to personally profit from stock market moves, with his investments often surging after his public endorsements.
Key quotes
· 3 pulled"I just left the head of Micron. It's one of the hottest companies," Trump said on "The Five." He'd bought stock in Micron the day before.
Trump did not mention that, the same day of the tour, March 11, he purchased at least $81,000, and as much as $215,000 worth of the company's stock.
Yet another extraordinary example of a president milking his office for personal profit.
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