Trump’s Latest Financial Disclosure Reveal Dubiously Timed Stock Sales

“We’re not gonna name names. We’ve already seen some results.… As you all know, the president is quite persuasive, and we are following his calls up with calls from the State Department and from the U.S. Treasury … telling the leaders, and the countries, and the entities exactly what we expect. And the timelines,” he equivocated. “And I would expect that very quickly, if they do not respond, then you will see the ramifications of their actions.”

“You described this as an economic D-Day, but D-Day wasn’t a threat of an invasion, and the U.S. didn’t give a timeline to Germany,” another reporter followed up. “So why not impose the sanctions today?”

“We are giving everyone the opportunity to remedy bad behavior. Why would I want to blow up the global financial system? We believe that it is important to level set and give people a cure period, but they should know that that will move very quickly and that we are serious,” Bessent said, although it’s unclear how he plans on demonstrating that seriousness without any clear timeline for the sanctions.