Sens. Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.) sent a letter to federal regulatory agencies on Monday asking them to investigate whether there was insider trading stemming from President Trump telling guests at his Mar-a-Lago club to expect a “big” response to Iran’s killing of an American contractor in Iraq, as The Daily Beast first reported.
Why it matters: The letter, sent to the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), says the report "raises a number of troubling national security questions regarding President Trump's handling of classified and other sensitive national security information."