Economy

Hugin

(36,610 posts)

4. DJT is Fed Shopping...

Thu May 30, 2024, 11:43 AM

May 2024

Yes, these avowed free marketeers are looking for some authoritative crackdowns on the free market in the Republic of… * checking notes * Louisiana.

Yep, on par with the trading capitols of the world such as London, Chicago, and NYC. Louisiana with it’s acting like a House Speaker is sure to throw the criminal world markets back on their heels.

“May 28 (Reuters) - The company that owns Donald Trump's social media platform Truth Social said on Tuesday it has sent a letter to the commissioner of the Louisiana Office of Financial Institutions to open an investigation into alleged "illicit activities" in the trading of its shares.

The letter, from Trump Media and Technology Group's (TMTG) (DJT.O), opens new tab CEO Devin Nunes to Commissioner Scott Jolly, asks the office to look into any kind of market manipulation and, particularly, whether the trading has violated Louisiana Securities Law.”

https://www.reuters.com/business/media-telecom/trump-media-asks-louisiana-investigate-trading-its-shares-2024-05-28/

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STOCK MARKET WATCH: Thursday, 30 May 2024 [View all] Tansy_Gold May 2024 OP

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DJT is Fed Shopping... Hugin May 2024 #4