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Elizabeth Warren Accuses Trump of Market Manipulation Over Tariff Chaos
US Senator Elizabeth Warren has accused President Donald Trump of manipulating the markets through his erratic tariff decisions. This comes as a surprise to many, as the sudden 90-day tariff pause on certain countries, excluding China, has led to a brief calm in global financial markets.
Warren’s accusation stems from her concern that Trump’s actions are designed to benefit his wealthy Wall Street allies rather than the American people. In a tweet, she wrote, “I’m calling for an investigation into whether President Trump manipulated the market to benefit his Wall Street donors—all while working people and small businesses paid the price.”
The Senator has repeatedly criticized Trump’s trade policies, claiming that they have only served to increase uncertainty in financial markets. She argues that these policies have made it difficult for investors to make informed decisions, leading to widespread market volatility.
Warren’s accusations come as a direct response to Trump’s sudden and unexpected reversal on tariffs. In recent days, the President has repeatedly altered his stance on trade agreements, leaving both allies and opponents confused about his true intentions.
Several other lawmakers have echoed Warren’s sentiments, suggesting that Trump’s actions may have been designed to benefit specific groups or individuals rather than the broader economy. Representative Steven Horsford went so far as to accuse Trump of engaging in “market manipulation,” asking pointed questions during a hearing on Tuesday.
The criticism is not limited to Democratic members of Congress. Former National Security Advisor John Bolton has also publicly criticized Trump’s tariff plan, stating that it makes no sense and will ultimately harm the country’s economic prospects.
As tensions continue to rise both domestically and internationally, all eyes are now on whether Warren’s allegations of market manipulation will lead to a formal investigation. The stakes are high, as any perceived impropriety could have far-reaching consequences for financial markets worldwide.
It remains to be seen how this situation will ultimately play out; however, it is clear that the political fallout from these events will be significant.
Source: https://coinpedia.org/news/elizabeth-warren-accuses-trump-of-market-manipulation-over-tariff-chaos/
