The stock and crypto market rebounded after a buy-the-dip call from President Donald Trump and Sen Elizabeth Warren, seeking to probe this move.
Senator Elizabeth Warren is pursuing an investigation into Donald Trump’s tariff policies, suggesting that he may have manipulated the stock market for his benefit.
In an X post from April 10, she suggested that she has reasons to believe that the US president intentionally manipulated the market to profit Wall Street donors at the expense of working Americans and small businesses.
Sen. Elizabeth Warren Suspects Foul-Play
Warren thinks Trump’s tariff saga “sure looks like corruption,” adding that “Donald Trump is trashing the American economy” with his uncertain tariff flip-flopping in recent days.
I’m calling for an investigation into whether President Trump manipulated the market to benefit his Wall Street donors—all while working people and small businesses paid the price.
Did Trump help insiders cash in on his tariff flip-flopping? It sure looks like corruption. pic.twitter.com/5QZ1X5YOpz
— Elizabeth Warren (@SenWarren) April 9, 2025
She highlighted the frequent change in tariffs across the board, citing its negative impact on global stocks and markets. A core example is the major shift in China’s tariff, which went from 105% to 125% in just a day.
According to Warren, there is heightened market uncertainty because “no one knows what the tariffs could be tomorrow, next week, or the coming month.”
Apart from constantly changing these tariffs, Trump also halted them for a brief period after first announcing them. This move initially offered some cool-down period to markets before it eventually sent them crashing.
Just when the prices of US stocks were fluctuating, Trump sent a message on his Truth Socials to his “billionaire buddies,” suggesting that it was a great time to buy. It was barely four hours after this post was made public that he announced a 90-day pause on the tariffs, which sent the market crashing further.
Donald Trump and the US Strategic Bitcoin Reserve
While Sen. Warren moves the motion to end Donald Trump’s tariff saga, the president continues to seek strategies to improve the crypto market in the US.
It has been over a month since he signed the executive order to set up a strategic Bitcoin Reserve. The treasury holds Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings.
As part of his plan, Trump seeks to ensure that the reserve does not cost taxpayers. The Bitcoin, which the White House czar for AI and cryptocurrency David Sacks estimated to be around 200,000 units, will not be sold but held for a long time, like “a digital Fort Knox.”
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