Can a president break insider-trading laws? Trump’s online post ignites debate.

President Donald Trump’s announcement of a 90-day pause on most new tariffs sent stocks surging late Wednesday, with the S&P 500 .css-8459s-OverridedLink.css-8459s-OverridedLink:any-link{-webkit-text-decoration:none;text-decoration:none;color:var(--color-interactiveLink010, interactiveLink010);border-bottom:1px solid;border-bottom-color:var(--color-interactiveLink010, interactiveLink010);}.

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css-1y1y9ag-OverridedLink.css-1y1y9ag-OverridedLink:any-link:hover svg{fill:var(--color-interactiveLink020, interactiveLink020);} SPX mounting one of the largest intraday reversals in history. The abrupt policy shift and the ensuing market rally have prompted scrutiny from Democrats, who have raised concerns that Trump allies with prior knowledge of the tariff pause could have engaged in opportunistic trading to profit from the market’s reaction.

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