White House Warns Staff: Do Not Use Iran Conflict Insider Information for Insider Trading

April 10 — Sources familiar with the matter report that hours after former President Trump abruptly announced he had suspended an attack on Iran last month, the White House warned staff not to misuse their authority to speculate in the futures market. The White House Management Office sent an email to all staff on March 23 issuing that warning. Earlier that day, Trump announced the attack suspension via Truth Social. About 15 minutes before that sudden policy shift, a flurry of mysterious trading activity hit the futures market. A senior administration official who received the email stated that given the “frequently reported” suspicious large bets in the futures market in media accounts, the warning was indeed a timely “reminder.”