Rep. Jamie Raskin: ‘We Have Great Reason to Believe’ Trump Media Deals Violate the STOCK Act

RUSH EXCERPT:

RASKIN: “I agree 1,000% with Joe Rogan. It‘s a smash and grab. Get rich quick scheme. And they‘re turning the White House into one large insider trading conspiracy. And I think it does violate the 2012 stock act, which prohibits either members of Congress or the president from using nonpublic information for purposes of financial gain, either to execute a stock trade, which is his basic plan. He buys the stock, and then he goes on TV. 45 minutes later or the next day and pumps up the stock. That in itself is illegal. And then it‘s illegal again to to gain financially through a tip off by saying, I‘m going to be executing this insider trading scheme. Do you want to get in on it by paying me $100,000 a month? So, you know, there are both criminal and civil sanctions available for violations of this stock act. Obviously, nobody in the president‘s office has ever come anywhere near doing something like this, and I‘m glad that Mr. Rogan is blowing”