
Pam Bondi’s “perfectly-timed” Trump Media stock dump has Democrats smelling insider-trading smoke—if not outright fire
If you’re trying to explain why everyday Americans feel the system is rigged, look no further than Attorney General Pam Bondi’s latest Wall Street magic trick. On the morning of April 2—hours before President Trump swaggered to the podium and detonated his so-called “Liberation Day” tariffs, Bondi’s broker unloaded somewhere between $1 million and $5 million in Trump Media & Technology Group ($DJT) shares she’d received for shepherding the company’s SPAC debut. By lunchtime the sale was done; by 2 p.m. the tariffs were public, and by Friday the broader market had coughed up roughly $5 trillion in value, its ugliest two-day collapse since 2020.
Enable 3rd party cookies or use another browser
The timeline that stinks to high heaven
Morning, April 2: Bondi’s “blind” trustee hits the sell button, cashing out.
2:00 p.m. ET: Trump unleashes tariffs of up to 50 percent on allies and 34 percent on China; S&P 500 futures instantly crater nearly 4 percent.
April 3–4: Wall Street dives; the S&P 500 loses six percent, erasing about $5 trillion in market cap.
Result: Had Bondi waited 48 hours, analysts say she’d be nursing an 18 percent paper loss on her $DJT stake.
Legal land mines everywhere
Insider-trading optics: As a cabinet-level official, Bondi was briefed on tariff plans well before they hit cable news. That “material, non-public information” is exactly what SEC Rule 10b-5 was written for.
Conflict of interest: The same Justice Department now defending Trump’s tariff blitz at the WTO was led—hours earlier—by an AG profiting from a Trump-branded company.
SEC trigger: Enforcement lawyers tell Newsweek the overlap “fits the textbook definition” of a probe-worthy trade.
Democrats pounce—and for good reason
Rep. Jamie Raskin calls the dump “an egregious abuse of public trust” and is already drafting subpoenas for Bondi’s trading records and White House briefing calendars.
Sen. Elizabeth Warren wants a joint SEC/DOJ investigation, comparing Bondi’s move to ex-Sen. Richard Burr’s infamous COVID stock sell-off.
Public Citizen fires off an ethics complaint within hours, noting Bondi blew past her own rule requiring pre-clearance for trades over $250 k.
Bondi’s paper-thin defense
A spokesperson insists the transaction was a “pre-scheduled diversification” by a blind trust and that Bondi “had no knowledge of tariff specifics.” Cute—except her ethics agreement lets her cancel automated trades when conflicts arise, and she chose not to. Timing, meet motive.
Why it matters far beyond Bondi
Trump’s tariffs have already jacked up consumer prices and torpedoed 401(k)s; Americans watched their retirement accounts shrink while a top law-enforcement officer quietly locked in her gains. Even if prosecutors struggle to prove criminal intent, the episode spotlights the neon-bright conflict Democrats warned about back in 2017: Trumpworld’s policy pen moves in sync with its personal wallet.
Bottom line: Bondi can claim “good timing” all she wants, but the public—and now Congress—want proof it wasn’t too good to be legal. If that proof doesn’t exist, the Attorney General’s next big appearance could be under oath, not on a podium.
I think this is just the tip of a very large iceberg. The corruption probably runs deeper than we can imagine.
She should be investigated and fired!