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Senator Elizabeth Warren is demanding a thorough investigation into President Donald Trump’s recent tariff policy changes, citing concerns of market manipulation and potential corruption. The Massachusetts Democrat claims that the President’s actions are creating chaos in the financial markets, benefiting wealthy Wall Street donors while harming working-class Americans.
Warren points to an unusual sequence of events on Wednesday when Trump posted a message urging people to “BUY!!!” on Truth Social, just hours before announcing a 90-day pause on tariffs. The market responded positively to this announcement, with the S&P 500 surging by 9.5% and recouping around $4 trillion in value.
The Senator believes that these tariff policy shifts are having a ripple effect throughout the global markets, causing economic uncertainty and volatility. She notes that the chances of recession and inflation have increased significantly since Trump’s initial announcement of new tariffs, which was followed by an abrupt pause.
Warren is not only calling for an independent investigation into potential market manipulation but also urging her colleagues in Congress to take action. In a series of social media posts, she emphasized the need for lawmakers to intervene and put an end to what she describes as Trump’s “tariff chaos.”
The Senator believes that congressional intervention would be essential regardless of the President’s intentions. She argues that the ongoing market uncertainty will continue to harm American citizens until this issue is addressed.
Warren’s call for an investigation comes as a response to recent economic data, which suggests that stocks and markets are losing significant value amid this period of volatility.
Source: https://blockonomi.com/senator-warren-demands-investigation-into-trumps-tariff-policy-changes/
