Good Grief: Democrats Want Insider Trading Probe On Trump Jobs Report Tweet

This is the kind of thing that got Trump elected in the first place and will get him re-elected in 2020

(The Hill) Three Senate Democrats on Friday called for a broad probe into whether President Trump broke federal trading laws and executive branch protocol before the release of the May jobs report last week

Democratic Sens. Elizabeth Warren (Mass.), Ron Wyden (Ore.) and Michael Bennet (Colo.) sent letters to the chiefs of three federal agencies and the White House Council of Economic Advisers (CEA) regarding Trump’s knowledge of the May jobs report released on June 1.

The senators also asked the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), to investigate whether Trump or any White House staffer revealed information that led to insider trading.

“President Trump recklessly violated federal rules and years of precedent by telegraphing financial data that has the power to move our markets,” said Warren, who is seen as a likely 2020 presidential candidate.

“The [Bureau of Labor Statistics] and the CEA should examine what went wrong here — and the SEC and CFTC should investigate to make sure that no one obtained and used non-public information to feather their own nest,” she said.

Trump last Friday touted the monthly federal jobs report roughly an hour before the data was released later that day, a breach with decades of protocol on how to handle market-moving information.

His tweet was literally just

Hey, Liz, were where you in 2009?

A Reuters report from February 2009 revealed that Obama had spoken out a full day in advance of a “dismal jobs report” for January, which showed some 525,000 jobs had been cut following the loss of 524,000 jobs in December 2008.

Really, this is so much ado over nothing, so, of course Democrats will have to chase the rabbit down the hole. It’s what they do. Now, if it was something like an administration running thousands of guns into Mexico and losing track of them, resulting in hundreds of deaths and injuries, including children and two U.S. federal agents, or, say, someone flouting actual laws about handing national security material by using a home brew server in a bathroom, well, Democrats look away.

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