How about we start with the White House statute? President Trump bought tens of thousands of dollars worth of stock in Robinhood and the bank of New York Mellon corporation, known as BNY. On April 6, your Treasury Department announced it had chosen the financial agent to implement the new Trump accounts program. BNY and its partner, Robinhood, both stocks, of course, have risen since then. So, Secretary Bessant, let me ask you a different question. If these stock purchases that Trump made were made using inside information, would that be illegal? Again, I'm not a lawyer. (04:19–04:35)
CLAIM
Asserts that a Treasury Department decision potentially benefited stocks President Trump invested in.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
