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donald trump
Citing Shady Stock Trades, Warren Asks Bessent If SEC Should 'Be Knocking on President Trump's Door'
"Instead of draining the swamp, what Donald Trump is doing is he is enriching himself by taking advantage of his position," said Sen. Elizabeth Warren. "That is not public service."
Jun 03, 2026
US Sen. Elizabeth Warren on Wednesday pressed Treasury Secretary Scott Bessent on the suspiciously timed trading activity of President Donald Trump, pointing specifically to a large purchase of Nvidia stock just days before his administration approved a sale of the tech giant's chips to China.
During a Senate Appropriations Committee hearing, Warren (D-Mass.) asked Bessent—who has criticized lawmakers for trading stocks—whether he would be willing to hold his boss to the same standard. Last year, Bessent said that if any private citizen traded like members of Congress, the Securities and Exchange Commission (SEC) "would be knocking on their door."
"Should the SEC be knocking on President Trump's door?" Warren asked Bessent, who responded that the Massachusetts Democrat and her congressional colleagues should "lead by example."
"I would like to see the president of the United States lead by example," replied Warren, who supports a ban on congressional stock trading and does not own or trade stocks in individual companies. "Instead of draining the swamp, what Donald Trump is doing is he is enriching himself by taking advantage of his position. That is not public service. He's the one who should lead by example."
Watch the exchange:
Financial disclosures released last month show Trump made more than 3,600 trades during the first three months of 2026, purchasing shares in some companies that his administration is tasked with regulating.
"Many of these trades coincided with favorable regulatory decisions," NOTUS reported. "Trump purchased $1 million to $5 million worth of Nvidia stock on February 10, only a week before Nvidia announced a major computer processing power deal with AI and social media giant Meta. Trump previously purchased $500,000 to $1 million worth of Nvidia stock on January 6, a week before the Commerce Department officially approved the sale of some Nvidia chips to China."
In a video response response to the disclosures, Warren asked: "Was this insider trading? And what else is Trump doing to boost his own stock?"
"The American people deserve to know," said Warren. "What Trump is doing should be illegal. It's long past time that we ban the president and every single lawmaker in this country from trading in stocks. We need to end this corruption now."
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'Nation is Not For Sale': Thousands of Albanians Protest Kushner Resort Plans in Protected Wetland
"Barbed wire cannot silence people," said one conservationist. "A protected landscape of global importance is under attack, and people are demanding an end to the devastation."
Jun 03, 2026
As President Donald Trump's son-in-law Jared Kushner moves forward with plans to build a luxury resort on one of the last untouched parts of the Mediterranean coast, thousands of Albanians have taken to the streets in protest.
On Tuesday evening, a throng gathered outside the office of Albanian Prime Minister Edi Rama in the capital Tirana, holding inflatable flamingos and signs reading "Nation is not for sale" and "I don't want Albania like Dubai," Reuters reported.
Kushner's investment firm, Affinity Partners, is seeking to build a €1.4 billion ($1.6 billion) resort on the uninhabited island of Sazan and around 10,000 hotel rooms and villas along a stretch of coastline near the protected wetland of Vjosa-Narta.
According to BirdLife International:
The area shelters over 70 endangered species and more than 200 bird species, including flamingos and Dalmatian pelicans. It sits on the Adriatic Flyway, a critical migration corridor for millions of birds traveling between Africa and Europe each year. The surrounding waters are among the last Mediterranean refuges for the Mediterranean monk seal, one of the world’s most endangered marine mammals, and a key nesting ground for the loggerhead sea turtle.
In February 2024, Albania's parliament amended its protected areas law to allow the development of luxury resorts. Just weeks later, Kushner announced plans to build in Albania, which spurred an investigation by anti-corruption prosecutors.
Kushner himself has not been accused of any wrongdoing, but protesters view the construction of the sprawling complex as a symbol of the country being sold out to powerful oligarchs without their consent.
"We have a protected area, but above all, our state has allowed construction work to continue without consultation and without transparency," said Klajdi Belo, an activist who attended a demonstration on Monday, told Euronews.
Activists have said bulldozers have begun tearing through the coastline and gravel has already been dumped on age-old sand dunes—damage that could take hundreds of years to repair. Meanwhile, a large barbed-wire fence has been erected, blocking public access to the beach.
Over the weekend, protesters assembled outside the barricades surrounding the development near the coastal village of Zvërnec.
"Don't defend the oligarchs!" one man was seen shouting into a megaphone. "Those are the citizens' properties!"
During these protests, a video captured an activist being dragged along the ground by a group of black-shirted security contractors.
"There is great public outrage over what is happening in Albania, but the spark was what happened in Zvërnec," said Arilda Lleshi, who said the man and others were there because they were "protesting against a fence that had been installed there illegally."
As activists have called for heavy machines to be removed from the protected area, Rama has said no amount of public backlash will lead him to abandon the project.
"Under no circumstances do we receive the stigma of being a country where investors are met with hostility," he said in a statement to Reuters. "There is absolutely no chance that the investment will stop as long as I am here."
Anouk Puymartin, head of policy for BirdLife Europe and Central Asia, said that it's not just the habitat of endangered species at stake, but the question of whether longstanding environmental protections can be shredded at the whim of the wealthy.
"Barbed wire cannot silence people. Thousands have taken to the streets of Tirana to defend Vjosa-Narta from destruction driven by private profit," Puymartin said. "A protected landscape of global importance is under attack, and people are demanding an end to the devastation."
Ivanka Trump, the US president's daughter and Kushner's wife, has come under scrutiny for her comments about the development project recently, which were blasted as "out of touch."
In a recent interview, the Trump heiress described being inspired to purchase the island of Sazan while vacationing there years ago: “We were on a friend’s boat, and we stopped for a swim. Effectively, that’s how we found it. We swam to the islands. We went on a hike, barefoot all the way, up to the top. And we were just captivated.”
She described the project of developing the island as part of an effort to "help realize its potential" and described it as "the culmination of all of my experience in real estate, all of my travel, a lot of reflection on how I want to live."
But Puymartin describes the project as an encroachment by private wealth onto land that was previously held for the benefit of everyone.
"Nature belongs to everyone, not a handful of investors," she said. "The horrendous situation in Vjosa-Narta shows why laws are crucial to protect both people and nature. But those protections mean little if governments fail to uphold them."
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Trump Says Iran Blockade Could Last All Summer Amid Fears of Oil Supply 'Powder Keg'
The US and Iran exchanged military strikes on Wednesday as American oil inventories dropped to the lowest level in more than two decades.
Jun 03, 2026
US President Donald Trump on Wednesday tried to project optimism about reaching a deal to end the illegal war he started against Iran, even while acknowledging the crisis could last for several more months.
In an interview with The New York Post, Trump was asked whether the current blockade of Iran would last until Labor Day.
"I don't know," Trump said. "I mean, I think it could be, but I think it's unlikely... I think this will resolve itself fairly quickly."
Q: Do you think the blockade will still be in place by Labor Day?
Trump: It could be, but I think it's unlikely. I think this will resolve itself fairly quickly. pic.twitter.com/Ispq2tnPJZ
— Clash Report (@clashreport) June 3, 2026
The president for the last several months has managed to keep oil prices from spiking to disastrous levels by dropping hints that his illegal war will soon be over, even though it has continued with no end in sight.
And while the Trump administration has insisted that its ceasefire deal is still in effect, CNN reported on Wednesday that Iran launched attacks against US military bases in Kuwait and Bahrain after US forces fired a Hellfire missile at a Botswana-flagged oil tanker that was heading toward an Iranian port.
Iran also launched drone and missile strikes at Kuwait's international airport, killing one person and leaving dozens injured, according to Al Jazeera.
Oil industry expert Patrick De Haan on Tuesday warned that the price of oil will soon shoot back up if the Strait of Hormuz remains closed because US petroleum supplies, which have been drained at a rapid pace since the start of the war, are about to hit their lowest level in over two decades.
"US distillate inventories will likely fall under 100 million barrels for the first time in over 20 years, exacerbated by high exports due to the closure of the Strait of Hormuz," De Hann wrote in a social media post. "This is a powder keg waiting to go off if a deal to reopen the strait doesn't happen soon."
In an analysis published Wednesday, The American Prospect's Ryan Cooper similarly warned that the tricks used by nations around the world to keep a lid on oil prices, such as releasing petroleum reserves, would soon be ineffective thanks to hard supply constraints.
"As storages dwindle and run out, the only way to match demand to supply will be for the price to rise high enough to destroy something like 10 to 20% of global oil consumption," Cooper wrote. "And because a great deal of oil demand is obligatory and therefore not very price-sensitive, that price will likely be north of $150 per barrel."
This would lead not just to an explosion in gasoline and diesel fuel prices, Cooper continued, but a "corresponding price hike for anything that needs to be transported, or involved in plastic in some way, which is to say basically everything."
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