Pam Bondi Trump Media Stock: Pam Bondi’s Trump Media Wind: Attorney General sells up to $5 million in stake
The timing of Bondi’s sale raises questions, especially given her past positions with Trump Media and U.S. Attorney General. While it is unclear whether her deal took place before or after the presidential announcement, the overlap has sparked widespread debate on moral and internal information.
Does Pam Bondi sell Trump Media Stocks before the market crashes?
Bondy sold $1 million to $5 million in Trump media stock on April 2, according to disclosure records reviewed by ProPublica. That night, President Trump delivered his “Liberation Day” speech to the White House Rose Garden, announcing the main tariffs on foreign imported goods. The market responded quickly, and in the next few days, Trump Media stocks fell 13% before rebounding. Public documents do not state whether Bundy’s sale occurred before or after a press conference, so it is difficult to confirm that she is acting on public or private information.
Is the sales of Trump media stock related to internal knowledge?
This is where the situation becomes complicated. If Bundy uses non-public information she has obtained in the government to inform her stock decisions, it may be insider trading law. However, legal experts point out that these cases are difficult to prove, especially because the courts have narrowed the definition of insider trading in recent years.
Adding to the weight of suspicion, Bondy previously served as an adviser to Digital World Acquisitions Corporation (DWAC), a SPAC that merged with Trump Media to openly publicly. Her financial ties to the company have been well documented.
What else has Bundy sold besides Trump Media Stock?
Her disclosure form shows that Bondy sells not only common stock. She also sold $250,000 to $500,000 Trump Media Warrants—a financial instrument that allows holders to buy stocks at specific prices. These details add another layer to financial operations, although again, the forms do not reveal the exact sales time or price.
On April 2, Trump Media shares closed at $18.76. The next morning, it opened at $17.92 and the price continued to fall. The timing of the deal is important, but we still don’t know if Bundy will sell before or after the news is being promoted.
Should Bundy sell her stock soon?
As part of her ethical deal to become the attorney general, Bundy promised to divest Trump’s media stake within 90 days of confirmation. This gave her an early May deadline to sell her shares, so the April 2 sales technically fit that requirement.
Interestingly, on April 1, the day before Bundy’s sale, Trump Media submitted paperwork to the Securities and Exchange Commission (SEC), listing top shareholders including Trump and Bundy. The document appears to be the stock for sale, although it is not clear whether the move is directly related to Bundy’s deal.
Does the Ministry of Justice answer questions?
As of now, the Justice Department has not issued any public response to Bondy’s stock sales. This situation may continue to attract attention in the coming days as government officials continue to scrutinize the deal.
FAQ:
Question 1: Why did Pam Bondi sell Trump media stock the day President announced tariffs?
She sold as much as $5 million in stock for hours after Trump’s tariff news.
Question 2: Can Pam Bondi use internal information to sell Trump media stocks?
This is uncertain, but the timing of the sale raises serious ethical issues.
