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Oil and gas stocks rose as Democrats warned of scrutiny of Trump trading

A CNBC Markets summary says Democrats are warning that if they gain control of either chamber in the midterms, Trump’s stock trading could face heightened scrutiny over the Iran-related market move.

Reported · Written up by our desk · Equities

CNBC Markets said Trump’s oil and gas stocks gained by amounts described as up to $15.5 million amid the Iran war.

The outlet also tied the move to political risk, noting that congressional Democrats say Trump’s stock trading could face heightened scrutiny if Democrats retake either chamber in the midterms.

The concern centers on increased oversight linked to the midterm election outcome, according to the CNBC Markets summary.

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Sources

CNBC MarketsTrump’s oil and gas stocks gained up to $15.5 million amid Iran war, congressional Democrats say

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