[Congressional Record Volume 171, Number 65 (Thursday, April 10, 2025)]
[House]
[Page H1584]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MARKETS SENT INTO A TAILSPIN
(Mr. SUBRAMANYAM asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. SUBRAMANYAM. Mr. Speaker, yesterday, the President posted on
social media: ``This is a great time to buy.'' Then, shortly after
that, he paused his tariff plan, the very one that sent markets into a
tailspin.
The market bounced back, although it is down again, and the President
celebrated in the Oval Office with top financial executives. They
celebrated at whose expense? The parents who watched their kids'
college savings accounts get depleted, the retirees who rely on their
investments to carry them through their remaining years, and the small
business owners, including many in my district, who don't know how to
plan and don't know how to keep the lights on at this point.
This wreaked havoc on millions of Americans, and those Americans also
deserve to know about what happened and who profited off of it.
Did the financial executives know about what was going to happen? Did
the President's donors know? Who knew and who profited from this
``great time to buy'' tweet and everything that was leading up to it?
We need a full investigation into what happened and who profited from
it. The American people deserve better.
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