Trump tariffs live updates: Wall Street stocks up at end of rollercoaster week

Date:

Senior Democrats call for Trump tariffs investigationpublished at 18:59 British Summer Time

Six senior Democrats have written to the Securities and Exchange Commission (SEC) , externalcalling for the body to look into “potential violations of federal securities laws” by US President Donald Trump.

“We urge the SEC to investigate whether the tariff announcements, which caused the market crash and subsequent partial recovery, enriched administration insiders and friends,” said the letter, signed by former presidential candidate and sitting senator, Elizabeth Warren.

The letter describes the recent tariffs imposed by Trump as “erratic” and “reckless” but adds that it is the president’s pausing of his so-called “reciprocal” tariffs plan that is the source of their concern.

Image source, Getty Images
Image caption,

Former presidential candidate Elizabeth Warren led the letter-writing charge

“Our nation has strict laws to prevent…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...