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Tuesday, April 15, 2025

Rep. Horsford narrates a market event influenced by Trump on April 9, 2025

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Steven Horsford U.S. House of Representatives from Nevada's 4th district | Official U.S. House Headshot

Steven Horsford U.S. House of Representatives from Nevada's 4th district | Official U.S. House Headshot

During the course of a single day in April 2025, Representative Steven Horsford shared his account on social media detailing a series of economic events influenced by former President Donald Trump. The tweets from Horsford provide a narrative of how Trump's actions impacted the stock market and a congressional proceeding.

On April 9, 2025, Rep. Steven Horsford first noted an early morning event when "Trump told his followers to buy stocks." "Let’s break down what happened in America today. At 9:37 a.m., Trump told his followers to buy stocks."

Shortly after, Horsford described a chaotic scene as trading began on Wall Street. He attributed the turmoil to Trump's tariff policies while mentioning an impending testimony by a trade representative before the Ways and Means Committee. Horsford expressed his readiness to defend workers across the nation, including Nevadans. He stated, "The markets opened in chaos. He doubled down on tariffs, and the country’s trade rep was set to testify before the Ways and Means Committee today. Trump’s tariffs have been a disaster, and I was ready to stand up for Nevadans and hardworking people all across country."

In a subsequent tweet, Horsford recounted a last-minute reversal by Trump. Just before Horsford's scheduled speech, a staff member informed the trade representative that Trump had abruptly changed his stance. This change, reportedly unexpected even for senior trade officials, caused a sudden upswing in the stock market. Horsford highlighted this by writing, "A few minutes before I was set to speak, a staffer informed the trade representative that Trump had changed his mind—seemingly without telling anyone, not even the highest-ranking trade official. Almost immediately after the announcement, the market soared."

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