Andrew Ross Sorkin Suggests Government Officials May Have Sold Stocks Ahead of Trump Tariffs: ‘Would Not Shock Me’

(Via Mediaite)

CNBC’s Andrew Ross Sorkin suggested on Monday that government officials may have engaged in insider trading ahead of President Donald Trump’s imposition of sweeping tariffs last week.

“I don’t know where you stand on this, because you’re going to say we don’t regulate these folks. But, you know, given what the government’s been doing and this administration’s been doing, it would not shock me, and I hate to speculate, if we were to find out that a whole bunch of people who work in Washington as our elected leaders one way or the other, ultimately sold stocks last week, or potentially worse than that, shorted the market,” mused Sorkin during an interview with Mark Uyeda, Acting Chairman of the Securities and Exchange Commission. “My question to you is: What you think the responsibility of the SEC is in those contexts?”