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Pam Bondi's Trump Media Stock Sale Draws Scrutiny Over Timing and Ethics

The Attorney General sold substantial Trump Media holdings on the same day President Trump announced tariffs, raising questions about transparency and insider trading laws.

Attorney General Pam Bondi speaks during a news conference at the Department of Justice, Wednesday, May 7, 2025, in Washington.
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Overview

  • Attorney General Pam Bondi sold $1–5 million in Trump Media shares and $250–500 thousand in warrants on April 2, 2025, according to financial disclosures.
  • The stock sale coincided with President Trump's announcement of sweeping tariffs, which caused Trump Media’s stock to drop 13% in the following days.
  • Bondi’s disclosures do not clarify whether the trades occurred before or after the tariffs were announced after the market closed that day.
  • Under her ethics agreement, Bondi was required to divest her Trump Media holdings within 90 days of her confirmation, a deadline she met.
  • The lack of precise timing in her disclosures has intensified scrutiny over potential insider trading and calls for stricter transparency rules, though no formal inquiry has been announced.