U.S. AG Pam Bondi Sold More than $1 Million in Trump Media Stock the Day Trump Announced Sweeping Tariffs

Published: Wednesday, May 14, 2025 at 9:45 pm

Pam Bondi Sold Trump Media Shares on Tariff Announcement Day, Records Show

**ProPublica** reports that former Florida Attorney General Pam Bondi sold between $1 million and $5 million worth of shares in **Trump Media & Technology Group (TMTG)**, the parent company of **Truth Social**, on April 2nd, the same day **President Donald Trump** announced new tariffs that negatively impacted the stock market.

According to records obtained by ProPublica, Bondi's disclosure forms indicate the sales occurred on the same day as Trump's announcement. The forms, however, do not specify whether the transactions happened before or after the market closed. TMTG's stock price experienced a 13% drop in the days following the announcement, though it later rebounded.

The timing of the sales raises questions about potential insider trading. While trades by government officials based on non-public information could violate the law, proving such cases is legally challenging. It remains unclear whether Bondi, as Attorney General, possessed any non-public information regarding the tariffs before the announcement. Trump had previously discussed tariffs during his campaign, but the market initially seemed to dismiss these promises.

Bondi's disclosure forms also reveal the sale of between $250,000 and $500,000 worth of warrants in Trump Media. Bondi's ownership of Trump Media shares was previously disclosed, stemming from her prior consulting work for Digital World Acquisition Corp., the company that merged with Trump Media. As part of her ethics agreement, Bondi was required to sell her shares within 90 days of her confirmation.

The Justice Department has not yet commented on the matter.

BNN's Perspective: While the timing of the sales is certainly noteworthy, it's crucial to avoid jumping to conclusions. The legal complexities surrounding insider trading are significant, and without further evidence, it's difficult to determine whether any wrongdoing occurred. The fact that Bondi was required to sell her shares within a specific timeframe adds another layer of complexity to the situation. Further investigation and transparency from all parties involved are essential to fully understand the circumstances.

Keywords: Pam Bondi, Trump Media, Truth Social, Donald Trump, tariffs, stock market, insider trading, ProPublica, TMTG, shares, warrants, Attorney General, Digital World Acquisition Corp., SEC, financial disclosure, market impact, political news, investigation

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