Those who followed Trump's advice made a lot of money and are now accusing him of manipulating the market

The market experienced a historic rebound just as Trump suspended the tariffs. Some made millions in just a few hours. Coincidence or calculated move? Congress is demanding explanations.


A historic surge on Wall Street has once again placed Donald Trump at the center of a political and financial storm.

After a week of continuous declines in the markets, an unexpected tariff pause announced by the president triggered an explosive rebound in stock indices, leaving many wondering: Was it a strategic maneuver to stabilize the economy or a deliberate act of manipulation to benefit his circle?

The controversy began when, amidst the financial chaos, Trump posted a message on his social media encouraging citizens to invest.

"!!!This is a great moment to buy!!!", wrote Donald Trump on his social media Truth Social, just as Wall Street opened a session marked by red with losses exceeding 1%, and minutes after the market experienced a cumulative drop of 10% in just a few days.

Capture of Truth Social / Donald J. Trump

Just a few hours later, as if it were part of a perfectly choreographed script, the Government announced a partial suspension of the tariffs it had implemented days before, resulting in record highs in the markets: the Nasdaq surged more than 12%, and the Dow Jones experienced its best day in over a decade.

Now, lawmakers and analysts accuse the president of using his power to induce stock market fluctuations in favor of his allies.

What for some was an act of leadership and confidence in the national economy, for others was a suspiciously profitable move. Criticism has quickly emerged from the halls of Congress and financial circles: Are we facing a market manipulation orchestrated from the White House itself?

Fortunate… or informed investors

Those who followed Trump's stock market advice—many of them, it is suspected, from his inner circle or political allies—were rewarded with million-dollar profits in a matter of hours.

The subsequent announcement of a tariff moratorium for 90 days (with the exception of China, which faced a 124% increase) acted as a springboard for the markets, which had been in free fall for days.

The timeline has raised alarms in Washington. Democratic lawmakers—along with some Republican voices—are accusing the president of market manipulation and demanding an investigation into who had access to this information and acted accordingly.

"This is not a coincidence. It's pump and dump at the highest echelons of power," declared Congressman Mike Levin on X, while urging all members of Congress to disclose their recent stock transactions.

Tension in the Capitol

Doubts about the intention behind Trump's messages reached a Congressional committee, where Democratic representatives confronted Jamieson Greer, the president's trade envoy. However, he merely stated that he could not disclose conversations with him, which further inflamed tensions in Congress.

Manipulation or "calming the markets"?

The White House has categorically rejected all the accusations.

"It is the president's responsibility to calm citizens and markets in the face of media alarmism," stated spokesman Kush Desai, who emphasized that Trump's tweets aim to inspire confidence, not manipulate.

But for many, the pattern is already too clear.

Even Richard Painter, former chief ethics lawyer for George W. Bush's Administration, was blunt: "Presidents are not investment advisors. Trump is playing with fire," he stated.

And now what?

The situation poses an unprecedented legal and ethical challenge. Although there is currently no conclusive evidence that Trump or his associates have committed a crime, suspicions regarding insider trading and market manipulation are growing increasingly weighty.

Additionally, the recent appointment of Paul Atkins, a Trump ally, as chairman of the Securities and Exchange Commission (SEC) could hinder an impartial investigation from within the regulatory body.

In the absence of specific judicial actions, public opinion and Congress seem to be the only checks and balances. Because even if the market recovers, the questions continue to linger in the air: who benefited? who knew what? and how many more times could this pattern repeat itself?

Meanwhile, the message remains visible on Truth Social, as a reminder that a few presidential words, delivered at the right moment, can move the financial world... and also spark the debate on the limits of power.

Frequently Asked Questions about the Donald Trump Controversy and Market Manipulation

Why is Donald Trump accused of manipulating the stock market?

Donald Trump is accused of manipulating the stock market because, after a message on his social media encouraging investments, the government announced a tariff moratorium that caused a significant uptick in stock indices. It is suspected that this sequence was intentional to benefit his inner circle, as many individuals within his close circle reportedly made millions in profits.

What impact did the announcement of the tariff moratorium have on the markets?

The announcement of the tariff moratorium had a significant impact on the markets, leading to record highs. The Nasdaq surged more than 12% and the Dow Jones had its best day since 2008. This rebound contrasts with the previous declines caused by Trump's initial tariff policy.

What measures have lawmakers taken in response to these accusations of market manipulation?

Legislators, especially from the Democratic Party, have called for an investigation into who had access to insider information and acted accordingly. Some legislators, such as Alexandria Ocasio-Cortez, have demanded that congress members disclose their recent stock transactions to bring transparency to financial operations during this period.

What role does the Securities and Exchange Commission (SEC) play in this situation?

The Securities and Exchange Commission (SEC) is the organization responsible for regulating and supervising financial markets in the United States. However, the recent appointment of Paul Atkins, a Trump ally, as president of the SEC could hinder an impartial investigation into the allegations of market manipulation.

Filed under:

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.