Serious allegations are being made against the Trump administration. As reported by Fox Business senior correspondent Charles Gasparino, the federal administration is reportedly privately discussing trade deals with Wall Street executives, sharing confidential information with them about various ongoing negotiations.
Gasparino wrote on X that members of the Trump administration have had “top secret” conversations with leaders of some major companies about an “outline deal with India.” He also reported that such an agreement could be used as a model for other trade pacts the administration is working out with Japan and other countries.
This news comes at a problematical time, with stock markets having been rattled by the uncertainty generated by the global import tariffs being promoted by the U.S. president.
Gasparino’s scoop reflects earlier comments by Vice President J.D. Vance that the United States and India had finalized “terms of reference” for a potential tariff pact. The Fox correspondent stated that Treasury Secretary Scott Bessent’s office declined to comment, but at the same time did not deny his statements.
“Why are Wall Street executives getting inside information from inside the White House?”, said Wall Street analyst Gordon Johnson, “Why does the SEC allow this? And given they do, shouldn’t they just be disbanded? Or is enforcement only for the poor?”
“If this is true, isn’t the big story that the White House gives Wall Street executives early heads up on trade negotiations, rather than the existence of the deals themselves?” wrote Bloomberg editor Joe Weisenthal instead.
Weisenthal’s words were answered by Gasparino himself, who in a rather piqued tone said: ““This is about the economy and trade deals which I cover; it’s alerting the public about an ongoing situation that impacts them in an existential way. It’s called REAL reporting and it should have been done during the Biden Admin so the public would have been alerted to the president’s mental decline before it was too late.”