4 ms·
If insider trading is proven true, what are potential consequences for Trump? Is such behavior a no-no even for presidents or he'll get away with it until his t
by Klaster_1 2y ago
If insider trading is proven true, what are potential consequences for Trump? Is such behavior a no-no even for presidents or he'll get away with it until his term ends?
- dave4420 2y agoIn theory Congress can impeach him for it, but in practice there won’t be the votes to convict him. If there are ever, somehow, the votes to convict him, it’ll be for something worse. After his term ends… I don’t know whether the law says that the insider trading exemption Congress has also applies to the Executive branch… but I’d fully expect the Supreme Court to say it does, if it got that far.
- Nursie 2y agoIsn't he legally immune for anything done in the course of his duties? You'd need pretty solid proof he was colluding with others to place trades, and not just running his tariff policies as he saw fit with advanced notice given to his inner circle as some sort of courtesy. I'd be surprised if anything could be made to stick.
- actionfromafar 2y agoCrucially, you need the proof, but you are not allowed to bring the proof to court!
- epolanski 2y agoIf he got away with what he got away already like January 6th 2021, I would say there are no consequences.
- vander_elst 2y agoThe potential consequences is that he probably will make a ton of money. Assuming historical data might somehow resemble what will happen in the future, he'll probably get away with it after his term as well. Hopefully, the prediction is wrong though.
- JohnTHaller 2y agoNone. Trump will face no consequences because Republicans have decided there should be none.
- seanmcdirmid 2y agoRepublicans, however, will face consequences in a year and a half.
- locopati 2y agowho's going to stop him? he violated the Emoluments Clause on day 2 of his first term and nobody did a thing.