In the midst of growing concerns about politicians trading stocks, Attorney General Pam Bondi made headlines recently for selling a significant chunk of stock in former President Donald Trump’s company.
The timing and size of the sale have caught the attention of many, sparking debate about ethics and transparency in government.
Bondi’s Multi-Million Dollar Sale Tied to Trump’s Company
Federal disclosures reveal that Bondi sold between $1 million and $5 million worth of shares in Trump Media & Technology Group Corp (TMTG), the company behind the Truth Social network.
This sale happened on the very day Trump announced a major new tariff plan in early April, though it’s unclear whether Bondi sold before or after the public announcement.
The tariff plan itself was quite sweeping — a flat 10 percent tariff on all U.S. trading partners with the potential to ramp up to 50 percent for some countries labeled as “bad actors.”
Trump unveiled these changes after U.S. markets had closed for the day, which adds to the questions about the exact timing of Bondi’s stock sale.
Stock Price Fluctuations Make the Sale Stand Out
What makes this even more interesting is the timing of the stock price.
The Trump Media stock was trading near one of its lowest points of the year at about $18 per share when Bondi sold, down from around $40 in January.
Right after the tariff announcement, the price dipped even lower to roughly $16.60 before rebounding to about $25 recently.
Despite the drop, Bondi sold her shares earlier than required by ethics rules, which gave her until early May to dispose of them.
She reportedly received around 3 million shares through her association with a company that merged with TMTG, so this sale was part of her obligation to comply with ethics regulations.
Public Reaction and Political Implications
While there is no suggestion of wrongdoing by Bondi, the sale has sparked a mix of criticism and defense on social media.
Some critics see the timing as suspicious, with voices like Ed Krassenstein on X (formerly Twitter) labeling it as another example of “Trump administration corruption.”
Meanwhile, others pointed out that Bondi likely lost money given the drop in stock price during the sale.
This incident comes at a time when lawmakers’ stock trading is under intense scrutiny in Washington.
Earlier this year, Donald Trump said he would “absolutely” sign a bill banning stock trades by members of Congress if one reaches his desk.
Speaker Mike Johnson, the top Republican in the House, also expressed support for such a ban, saying the House “probably should” enact rules to stop lawmakers from trading stocks.
Multiple bills have been introduced in both chambers this year aiming to curb these practices, but the timeline for a vote remains uncertain.
Department of Justice Remains Silent
The Daily Mail reached out to the Department of Justice for comment on Bondi’s stock sale but did not receive a response by publication time.
For now, the sale remains a topic of debate as conversations about ethics, stock trading, and political transparency continue to heat up.