Sen. Mark Kelly (D-Ariz.) is accusing President Donald Trump of something pretty straightforward: making a whole lot of stock trades while also making policy decisions that could move the stocks of those same companies. And he's not mincing words about it.
On Tuesday, Kelly posted on X that the president executed "thousands of stock trades" in a recent quarter and then turned around and took actions that affected those companies' bottom lines. "It's corrupt and we need to end it," he wrote.
In a video accompanying the post, Kelly widened his criticism to include members of Congress and senior officials, arguing that some are "clearly trading on information they have" that isn't public yet. "The kind of information they have is way before the public ever sees certain things," he said. He added that officials shouldn't be allowed to do that, and that "the vice president and members of the cabinet should be banned."
Kelly also made the point that regular Americans don't have the same informational advantages, so officials may be benefiting financially from policy decisions in a way that's fundamentally unfair.
The White House did not immediately respond to a request for comment.
This isn't the first time the issue of insider trading by politicians has come up. Former House Speaker Nancy Pelosi has backed legislation previously known as the PELOSI Act, even though her husband, Paul Pelosi, has faced scrutiny over his own stock trades. The broader debate over congressional stock trading has been simmering for a while, with lawmakers from both parties facing criticism for trading activities and disclosure violations under the STOCK Act.
Financier Anthony Scaramucci has also piled on, accusing President Trump of enabling insider trading, questionable cryptocurrency ventures, donor-linked contracts, and paid pardons. He argued that this alleged conduct exposes weaknesses in government oversight and highlights the need for reforms.
And in a somewhat unrelated but still critical vein, author Stephen King and Gov. Tim Walz (D-Minn.) have criticized the Trump administration over alleged vandalism at the Lincoln Memorial Reflecting Pool. Their comments followed the arrest of former Olympic canoe slalom athlete Casey Hearn, who denied damaging government property and said he merely touched an already loose section of the pool's liner.
So, the corruption accusations are flying from multiple directions. Whether any of this leads to actual reform—like a ban on stock trading for top officials—remains to be seen. But Kelly is making sure the conversation stays alive.













