New York Attorney General, Letitia Jameshe is investigating possible negotiations with privileged information by Trump government authorities and associated in relation to the 90 -day tariff break last weekconfirmed James’s office to CNN International on Monday (14).
The review is in their initial stages and is not yet a complete investigation. It is unclear if it will eventually reveal evidence of irregularities.
Last week, President Donald Trump posted on what was a “great time to buy”. Hours after this publication, US markets fired when Trump announced a 90 -day break in most of his fares. The tariff turnaround triggered one of the best days in the history of Wall Street.
Some legislators have raised concerns about the possibility of using privileged information around Trump’s announcement. However, no full evidence has been revealed to indicate irregularities. THE CNN International contacted the to get comments.
According to the 1921 Martin Law, New York Attorney General has broad powers to investigate and repress fraud in securities. The Martin Law, one of the most powerful tools of any state authority, It allows New York Attorney General to initiate investigations, summon witnesses and process financial fraud.
Massachusetts senator Elizabeth Warren told Jake Tapper of CNN Internationalon the “State of the Union” program last weekend she wants Securities and Exchange Commission to investigate Trump’s announcement.
“It is entirely appropriate to have, they did not get advanced information and negotiated on this information,” said Warren.
