President Biden’s SEC has just filed a new securities fraud suit against Elon Musk for manipulating the price of Twitter stock and causing the investing community $150 million in losses before he acquired the company. Michael Popok, using his Wall Street experience, explains that all of these Biden last-minute laws, rules, lawsuits, and policies, are important to Trump-proof democracy, and to force Trump to waste scarce time and political capital to publicly strike down these suits and policies, giving him less time and resources to implement his MAGA agenda.
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