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Pam Bondi's Trump Media Stock Sale Raises Ethics Questions

The Attorney General sold millions in shares on the same day President Trump announced tariffs, with the timing of her transactions under scrutiny.

Attorney General Pam Bondi speaks during a news conference at the Department of Justice, Wednesday, May 7, 2025, in Washington.
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FILE — Attorney General Pam Bondi at the White House in Washington, as members of the Super Bowl champion Philadelphia Eagles visited, on Monday, April 28, 2025. Bondi sold $1 million to $5 million worth of shares in President Donald Trump’s media company last month on the same day that he announced expansive tariffs that led to a stock market rout, according to disclosure filings. (Haiyun Jiang/The New York Times)

Overview

  • Attorney General Pam Bondi sold between $1 million and $5 million in Trump Media shares and $250,000 to $500,000 in warrants on April 2, 2025.
  • President Trump announced sweeping 'Liberation Day' tariffs after markets closed that same day, causing Trump Media's stock to drop 13% in the following days before recovering.
  • Bondi's financial disclosure forms do not specify whether her stock sales occurred before or after the tariffs were announced, leaving the timing unclear.
  • The Justice Department has declined to comment on whether Bondi had access to nonpublic information about the tariffs ahead of her transactions.
  • Bondi had pledged to divest her Trump Media holdings within 90 days of her confirmation as Attorney General, a deadline that fell in early May 2025.