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Senators Call On SEC To Open Investigation Into Trump For Insider Trading

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Democrats are getting desperate…

Senate Minority Leader Chuck Schumer (D-NY) and Sen. Elizabeth Warren (D-MA) sent a letter to the Securities and Exchange Commission (SEC) this week asking for an investigation into President Donald Trump’s social media posts urging stock market purchases ahead of his tariff pause announcement

“We ask the SEC to determine whether President Trump, any members of his cabinet, or other donors, insiders, and administration officials engaged in insider trading, market manipulation or other securities laws violations on April 9, 2025, when President Trump announced that it was a ‘GREAT TIME TO BUY’ into the stock market,” the senators wrote in a scathing letter.

Sens. Adam Schiff (D-CA), Ron Wyden (D-OR), Mark Kelly (D-AZ), and Ruben Gallego (D-AZ) also signed the letter, which slammed Trump for urging his social media followers to buy stocks “just hours before he announced a 90-day pause on his recently announced tariffs, leading to a historic market rally after days of dramatic market declines.”

“THIS IS A GREAT TIME TO BUY!!!” Trump wrote on Truth Social at 9:37 am just ahead of his announcement that he would pause additional tariff increases on 75 countries for 90 days while slapping even higher levies on China.

The letter was addressed to SEC Commissioner Paul Atkins, a Trump appointee, who was confirmed by the Senate on Thursday.

“It is unclear which officials and affiliates for President Trump had advance knowledge of his plans to delay tariffs — but insiders may have known that he was going to announce a tariff pause and that the market would improve,” argued the Senators.

Obama Claims New Yorkers ‘Don’t Take Trump Seriously’

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The White House, Public domain, via Wikimedia Commons

During a podcast interview, former President Barack Obama swiped at Donald Trump claiming the former President is not taken “seriously” in the city he called home for years, New York City.

Obama appeared alongside Bill Clinton and President Biden in the newest episode of the “SmartLess” podcast. 

Obama was asked on the “SmartLess” podcast by co-host Jason Bateman whether he was surprised how quickly the “protection and passion for democracy was diluted” in recent years. Obama responded by noting the trend began during former President Clinton’s time in the White House before accelerating during his presidency.

“I have been surprised that there haven’t been guardrails inside the Republican Party. Trump didn’t surprise me,” he said, before taking aim at Trump.

“I mean, he comes from New York. There’s nobody in New York who does business with him or lend him money. He’s not considered a serious guy here,” Obama added.

Obama went on to explain how he thought more Republicans would say some of Trump’s behavior went too far.

“But, so I was surprised he was elected, but I wasn’t surprised in terms of his behavior. I did expect, and I suspect Bill and Joe, you’d agree with this, that there would be some folks in the Republican Party who would say, no, you can’t go that far. You can’t start praising Putin and saying that his intelligence is better than the US intelligence agencies,” he said.

Trump is currently on trial in New York for falsifying business records to make alleged hush money payments to porn actress Stormy Daniels.

Former PayPal President Ditches Democrat Party, Endorses Trump

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Trump just scored another major donor…

Former president of PayPal David Marcus announced he has switched political parties and endorsed Donald Trump via X.

“I am crossing the Rubicon and backing the Republican Party and President Trump. Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I finally broke free from it.”

“My journey has been a gradual political 180 from where I stood in every previous election. It has been an eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding from there,” wrote Marcus.

Marcus cited an anecdote where, in 2017, he was enlisted to raise $100M from Silicon Valley for the Democratic National Convention in order to “prevent a repeat of Hillary Clinton’s inadequate, outdated 2016 campaign.”

David Marcus is aligned with Trump on technology innovations like crypto and AI as well as foreign policy–especially the Middle East. Marcus opined, “on Iran, this administration is continuing a misguided Obama-era plan to bring Iran closer to the West by unfreezing Trump-era sanctions, thus giving the Mollahs’ regime the ability to fund terrorism and pursue its anti-America, anti-Israel, and anti-Jewish agenda.”

“I believe we need a President who is unequivocally pro: America, the Constitution, business, Bitcoin/crypto, innovation, Israel, small government, legal immigration, free speech, meritocracy, and common sense — and anti: regulatory proliferation, illegal immigration, unjust wars, Iran’s current regime, and domestic groups that oppose American values.”

Marcus completed his post by referencing the attempt on former President Trump’s life at a rally in Butler, PA on July 13.

“It’s impossible to close this post without mentioning President Trump’s recent assassination attempt. The courage and resolve he displayed seconds after being hit by a bullet was awe-inspiring for his followers and detractors alike. This was a man, however imperfect, who, at that moment, incarnated the American spirit in the most vivid way, starting to bring a split nation together,” wrote Marcus.

“In this pivotal moment, confronted with the choices we have, I am endorsing and supporting a return to a Republican administration in 2025,” the post concluded.

Trump has seen a number of prominent pro-business donors flock to his campaign this season as Republicans seek to a return to the White House.

Fox News Host Laura Ingraham Joins Board of Trump Jr.’s New SPAC

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Fox News primetime host Laura Ingraham has been named a board member of a new special-purpose acquisition company (SPAC) led by Donald Trump Jr..

The blank-check firm, Colombier Acquisition Corp. III, filed its registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday, planning to raise 26 million units at $10 each — a total IPO target of about $260 million.

The stated mission of the new SPAC is stirring: the company intends to “fund the next chapter of American Exceptionalism and help Make America Grow Again.”

A Powerful Line-Up

This initiative brings together heavyweight conservative and business voices:

  • Donald Trump Jr. himself is listed as a director of the SPAC.
  • Ingraham, as noted, takes a board seat, aligning her media voice with pro-growth, America-first business leadership.
  • Others on the board include billionaire investor Chamath Palihapitiya (often dubbed “Wall Street’s SPAC king”), Blake Masters (a former president of the Thiel Foundation and GOP Senate candidate-turned-investor), and conservative business leader Chris Buskirk of 1789 Capital.
  • The SPAC is sponsored by 1789 Capital — a firm with ties to Trump family allies including Trump Jr. — and led operationally by finance veteran Omeed Malik.

Why This Matters for the Republican Agenda

  1. Scaling American Growth — The SPAC presents an opportunity to invest in high-potential private companies that are aligned with conservative economic principles: innovation, domestic manufacturing, job creation. It echoes longstanding themes of shrinking dependency on foreign supply chains and revitalizing American industry.
  2. Bringing Conservative Media Into the Arena — Laura Ingraham’s role on the board is significant beyond her television presence. It bridges the media platform with private-capital activity in service of a pro-growth agenda, reinforcing conservative alignment across cultural and economic spheres.
  3. Leveraging the Trump Ecosystem — This SPAC is further proof of increasing alignment between the Trump family’s business interests and the conservative movement. With Trump Jr. at the helm and Fox News hosts like Ingraham working in the same orbit, the cultural and economic wings of the movement are becoming more integrated. Some might view this as a consolidation of influence — and for supporters, it represents an effective mobilization of talent, media, capital and ideas.
  4. Messaging Strength — The marketing language around “American Exceptionalism,” “Make America Grow Again,” and taking bold action to merge private champions into public markets resonates deeply with patriotic, pro-growth, and pro-Liberty voters and investors. It signals optimism about the future of U.S. business and opportunity.

Considerations for Conservative Investors & Supporters

  • Alignment of values and vision: This venture clearly invites participation by those who believe in American economic strength, renewal of manufacturing, and innovation under a conservative framework.
  • Risk and reward: As with all SPACs, there are inherent risks — particularly the uncertainty of what private company will be merged and how the market will react. However, the backing of high-profile conservative leaders may bring a unique brand strength and network effect.
  • Cultural impact: Ingraham’s involvement means that conservative media will potentially be linked to private-market outcomes. This could amplify messaging but also raise questions about separation of media and business roles (a subject of debate).
  • Timing: The filing was recent, and the IPO process is underway. As the venture develops, more details will emerge (which company they will target, when, etc.). Supporters should watch for updates and ensure that the company they merge with aligns with the broader vision.

What’s Next

Supporters in the conservative movement will likely view this development as a concrete manifestation of turning media influence into economic muscle — shaping culture and business in tandem.

The IPO units are expected to trade under the ticker “CLBR U” on the New York Stock Exchange (NYSE).

The next steps will include selecting a target company to merge with, closing the deal, and executing on growth plans. Investors should monitor the company’s announcements and disclosures via SEC filings.

Media watchers will track how this move influences the relationship between conservative media, the Trump business ecosystem, and public market investment.

Report: Trump Set To Become One Of World’s Most Wealthy People

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Former President Donald Trump will become one of the 500 richest people in the world after his media company begins public trading on Tuesday, according to a report by Bloomberg News.

The Daily Caller has more:

Trump, the presumptive Republican presidential nominee, established the Trump Media & Technology Group (TMTG) in February of 2021 to develop an alternative social media website, following his removal from Twitter after the events of Jan. 6, 2021, with the new website “Truth Social” being unveiled in 2022. On Monday, TMTG completed a merging process with DWAC, a special-purpose acquisition corporation, that would allow the company to be publicly traded on the National Association of Securities Dealers Automated Quotations stock exchange, also known as the “Nasdaq” exchange, with Trump’s 58% stake in the company being valued at $3.9 billion, according to Bloomberg News. 

The share price of DWAC increased by 35.22% to close at $49.95 on Monday when the closing of the deal was announced, with the new company retaining the TMTG name and changing its stock ticker to Trump’s initials, “DJT.” The process will increase Trump’s net worth to $6.4 billion, according to Bloomberg.

Trump’s net worth, which until recently has primarily comprised real property of The Trump Organization, has been subject to varying estimates. The Australian Financial Review estimated his net worth to be $9.8 billion following the TMTG acquisition process, while Forbes maintains his net worth at $2.6 billion as of Monday — making him the 1,265th richest person in the world — with its highest-ever estimate for his net worth being $4.5 billion in 2016.

Truth Social has reported many losses since its creation, with Trump being the primary user of the platform with the largest number of followers. He often announces major legal and campaign decisions on the platform, similar to his use of Twitter during his presidency.

Trump will not be able to sell his stake in TMTG for at least six months following the commencement of trading

From Amazon To The Oval Office? Report Reveals Bezos’ Wife’s Ambition

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Jeff Bezos built an empire delivering packages. His wife reportedly has another address in mind: 1600 Pennsylvania Avenue.

Lauren Sánchez Bezos is encouraging the Amazon founder to consider a future in politics — and can envision herself as first lady — according to an October 2 report by celebrity gossip columnist Rob Shuter in his Naughty But Nice Substack.

The report offers an intriguing window into the couple’s alleged private conversations. But it comes with a significant qualifier: Shuter’s sources say there is no campaign and no indication Bezos has decided to seek office.

“Lauren loves the idea of President Bezos,” an unnamed source told Shuter. “She talks about legacy, influence and what Jeff could do that money alone cannot buy. And yes, she can absolutely see herself as First Lady.”

According to Shuter, Sánchez’s fascination with Washington intensified after the couple attended President Donald Trump’s state dinner for Chinese President Xi Jinping. Their attendance at the September 24 gathering was documented in coverage of the event.

The dinner put the billionaire couple back inside the White House. Whether Bezos wants to move in remains another matter.

A Presidential Push — Or A Billionaire’s Fantasy?

Shuter’s sources describe Sánchez as someone looking beyond her husband’s business accomplishments toward a potentially bigger legacy.

“Lauren looks at Jeff and sees someone who conquered business, built a space company and became one of the most powerful men alive,” an insider told the columnist. “Her question is always: What’s left? In her mind, the presidency is the ultimate final act.”

Shuter is a longtime entertainment journalist and former celebrity publicist whose clients included Jennifer Lopez and Jessica Simpson. He also served as executive editor of the U.S. edition of OK! magazine and co-hosted VH1’s The Gossip Table. His reporting comes from the world of celebrity insiders, rather than a presidential campaign announcement.

Other outlets, including The Post Millennial, have picked up his Bezos report. Their coverage cites Shuter’s sources, rather than independently establishing that the billionaire is weighing a run.

Even within Shuter’s account, enthusiasm is hardly unanimous.

“Some people think it’s complete fantasy,” an insider told him. “But Lauren doesn’t dream small. She can already picture President Bezos — and herself standing beside him as First Lady.”

From Trump Feud To White House Guest

The political backdrop adds a twist: Bezos has been warming to the president he once publicly sparred with.

During their earlier feud, Trump attacked Amazon and Bezos’ ownership of The Washington Post. Bezos responded in 2015 by joking about reserving Trump a seat on a Blue Origin rocket.

Years later, the relationship looked considerably different. Bezos and Sánchez dined with Trump at Mar-a-Lago in December 2024, and Bezos attended his January 2025 inauguration.

Before Trump returned to office, Bezos also expressed support for his push to reduce regulation.

“I’m actually very optimistic this time around,” Bezos said at the December 2024 New York Times DealBook Summit. He indicated he wanted to help with that effort.

Trump reciprocated. In a March 2025 interview reported by Fox News, he called Bezos “a good guy” and described their improved relationship.

Those developments establish that Bezos has become more comfortable around Trump and Washington’s power circles. They do not establish presidential ambitions.

For now, the White House dream belongs to Sánchez — at least according to Shuter’s unnamed sources.

Elon Musk Accuses Trump Ally Of ‘Leaking’ Info To The Media

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UK Government, CC BY 2.0 , via Wikimedia Commons

Tensions are running high within Trump’s inner circle…

Billionaire Elon Musk clashed publicly with Boris Epshteyn, one of Trump’s closest allies in what sources called a “massive blowout” over key Cabinet appointments.

According to three sources cited by Axios, the dispute reached a boiling point during a dinner at Trump’s Mar-a-Lago club last week during which Musk accused Epshteyn of leaking sensitive details about the transition process, including potential personnel picks.

“You don’t know what you’re talking about,” Epshteyn reportedly fired back during the heated exchange.

The altercation highlights a power struggle as Musk, a newcomer to Trump’s inner circle, increasingly advocates for his preferred candidates. Musk has reportedly criticized Epshteyn’s influence in selecting Justice Department nominees, including Matt Gaetz for attorney general.

Musk is lobbying for Howard Lutnick, co-chair of Trump’s transition team, as Treasury secretary, over Wall Street veteran Scott Bessent.

Despite the friction, Musk maintains considerable support among Trump’s family and allies. 

However, the tech billionaire’s growing role in the transition has rankled longtime Trump loyalists, who view him as overstepping boundaries. 

Musk has been among the president-elect’s most vocal and influential supporters since he endorsed Trump immediately after a July assassination attempt at a Pennsylvania rally but some in Trump’s inner circle say the Tesla CEO is being to overstay his welcome.

“Elon won’t go home. I can’t get rid of him. Until I don’t like him,” Trump quipped, according to a source in the room when Trump met with Republican lawmakers on Capitol Hill last Wednesday.

some Republicans have questioned how long Trump and Musk can happily co-exist, particularly given Trump’s past frustration with those who take up too much of the spotlight.

“Trump is not going to have another alpha. I think Trump is going to tire of him,” one source close to the transition told The Hill.

One Republican lobbyist with ties to Trump said there are some in the president-elect’s orbit who think Musk is “a little big for his britches.”

Trump transition team spokesperson Karoline Leavitt did not respond to requests for comment from The Hill, but in a statement on Wednesday to NBC News described Musk and Trump as “great friends and brilliant leaders working together to Make America Great Again.”

“Elon Musk is a once in a generation business leader and our federal bureaucracy will certainly benefit from his ideas and efficiency,” Leavitt said.

Billionaire Makes Massive Political Contribution To Trump

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Image via Pixabay free images

One of the largest single disclosed gifts ever…

A reclusive billionaire from a storied American family with a legacy dating back to the Gilded Age has made one of the largest political contributions in the history of American politics.

Timothy Mellon, heir to the Mellon banking fortune, made a $50 million contribution to the pro-Trump super PAC, Make America Great Again Inc.

At the end of April, the organization had only $34.5 million.

In a memo following Mellon’s donation, the PAC announced it had reserved $100 million in advertising through Labor Day.

The New York Times continues:

Mr. Mellon is now the first donor to give $100 million in disclosed federal contributions in this year’s election. He was already the single largest contributor to super PACs supporting both Mr. Trump and Robert F. Kennedy Jr., who is running as an independent. Mr. Mellon has previously given $25 million to both.

Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

Democrats have sought to portray Mr. Kennedy as a spoiler supported by Republicans, in part by emphasizing Mr. Mellon’s dual contributions and seemingly split loyalties. The pro-Kennedy super PAC has distributed quotations from the hard-to-reach Mr. Mellon, and for a blurb that appears on the cover of Mr. Mellon’s upcoming book, Mr. Kennedy called the billionaire a “maverick entrepreneur.”

It is not clear what Mr. Mellon’s mega-donation means for his support of Mr. Kennedy going forward. He has so far toggled between giving to support both candidates. His most recent donation to Mr. Kennedy’s super PAC was a $5 million contribution in April.

But Mr. Mellon’s $50 million gift will significantly help pro-Trump forces narrow the financial advantage that President Biden and his allies have enjoyed so far. Miriam Adelson, the casino billionaire and widow of Sheldon G. Adelson, who died in 2021, has also made plans to fund a pro-Trump super PAC with at least as much money as the $90 million that her family gave in the 2020 campaign, although much of the cash has yet to arrive.

Mellon’s contributions follow Donald Trump‘s conviction in a hush money trial.

Critics argue that the case is politically motivated and based on an overly broad interpretation of campaign finance laws. They add that such payments are common among public figures seeking to avoid public scrutiny.

The Mellon family‘s wealth started when an Irish immigrant named Thomas Mellon founded T. Mellon & Sons’ Bank in Pittsburgh in 1869. His sons, Andrew W. Mellon and Richard B. Mellon, later grew the bank into a strong financial institution. This bank eventually became Mellon Financial Corporation, one of the largest banking institutions in the United States.

During the late 19th and early 20th centuries, Andrew Mellon played a crucial role in financing and supporting key industries such as aluminum, oil, and steel, contributing to the growth of major corporations, such as Gulf Oil, and Union Steel. As secretary of the Treasury from 1921 to 1932, his influence shaped the economic policies of the 1920s, known as the Mellon Plan, which contributed to the economic boom of the decade.

National Photo Company Collection, Public domain, via Wikimedia Commons

In 2007, Mellon Financial Corporation merged with The Bank of New York to form BNY Mellon, one of the world’s largest asset management and securities services companies, preserving their 150-year legacy in banking and finance.

Article Published With The Permission of American Liberty News

Trump Files To Overturn Latest Conviction After SCOTUS Ruling

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Gavel via Wikimedia Commons Image

On Monday, former President Donald Trump moved to overturn his criminal conviction in the Manhattan hush-money case after the Supreme Court ruled presidents have immunity for “official acts” committed while in office.

Manhattan District Attorney Alvin Bragg charged the former president in May with 34 counts of falsifying business records in the first degree. Trump pleaded not guilty to all counts in the Manhattan case.  

Lawyers for Trump had filed a motion to dismiss the verdict hours after the Supreme Court’s ruling. 

Duncan Lock, Dflock, CC BY-SA 3.0 via Wikimedia Commons

The motion came on the same day that the district attorney’s office sent sentencing recommendations to Judge Juan M. Merchan – who presided over the Manhattan trial – though it remains unclear whether that will be seen by the public, per reporting from The New York Times.  
Judge Merchan has received a letter from Trump’s lawyers, a person familiar with the matter confirmed to Fox News Digital. 

The letter asks for permission to file a motion to vacate the jury’s Manhattan verdict, asks for a delay of the July 11 sentencing, and cites the high court’s decision in arguing that evidence was included at trial that should not have been admitted. 

To file a motion in New York, defendants must first request permission from the judge in the case. 

On Tuesday, Manhattan prosecutors agreed with Donald J. Trump’s request to postpone his criminal sentencing so that the judge overseeing the case could weigh whether a recent U.S. Supreme Court ruling might impact his conviction, according to The New York Times.

On Monday, the Supreme Court ruled 6-3 that a former president has absolute immunity for his core constitutional powers.

Former presidents are also entitled to at least a presumption of immunity for their official acts. There is no immunity, the court holds, for unofficial acts.

The Supreme Court returned the case to the trial court to determine what is left of special counsel Jack Smith’s indictment against the former President.

Report: Trump Company Seeks To Trademark His Name On Airports

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Donald Trump via Gage Skidmore Flickr

As Florida legislators weigh a proposal to rename Palm Beach International Airport after President Donald J. Trump, a related trademark filing by a company associated with the Trump Organization is drawing national attention — and predictable political reactions.

Public records show that DTTM Operations, an entity tied to the Trump Organization, filed trademark applications on Feb. 13 for “President Donald J. Trump International Airport” and “Donald J. Trump International Airport.”

A spokesperson for the Trump Organization said the filings are purely defensive and not intended to generate revenue.

“To be clear, the President and his family will not receive any royalty, licensing fee, or financial consideration whatsoever from the proposed airport renaming,” spokesperson Kimberly Banza said in a statement. She explained that the trademark applications are meant to prevent “bad actors from infringing upon or misusing the name.”

The proposal to rename the airport comes as Florida’s GOP-controlled legislature considers honoring Trump, whose Mar-a-Lago residence is located in Palm Beach. Supporters see the move as a fitting recognition of a former and current president with deep ties to the region and a significant political legacy.

Critics, however, have seized on the trademark filings to raise concerns about potential conflicts of interest. Dylan Hedtler-Gaudette of the nonprofit Project on Government Oversight argued that the situation highlights broader questions about presidential business holdings.

Trademark attorney Josh Gerben, who first reported on the filings, described the move as unusual, noting that while airports have been named after past presidents, a sitting president’s private company seeking trademark protection in advance appears to be unprecedented.

Gerben suggested that the filings raise technical legal questions about whether a publicly owned airport would need permission to use the name if it were trademarked — though no such arrangement has been proposed.

The broader political backdrop is hard to ignore. President Trump has long been a polarizing figure, and even routine legal filings tied to his name tend to generate outsized scrutiny. Supporters argue that trademark protection is standard practice for high-profile public figures and brands, particularly given Trump’s long history as a global business leader.

The White House has not indicated that the president is personally involved in the legislative effort. Trump has also denied reports that he is seeking to have other major transportation hubs, such as Washington’s Dulles Airport or New York’s Penn Station, renamed in his honor.

For now, the proposal remains in the hands of Florida lawmakers. Whether the renaming effort moves forward — and whether the trademark filings ultimately matter — will depend on decisions made at the state level.