The U.S. Senate Committee on Banking, Housing and Urban Affairs’ Ranking Member, Senator Elizabeth Warren, issued a statement responding to reports that the Commodity Futures Trading Commission will investigate “well-timed” oil futures trading ahead of Trump Administration announcements related to the military conflict with Iran. Warren called for both the CFTC and the Securities and Exchange Commission to investigate any trading that appears to involve insider activity by Trump Administration officials. Warren urged the agencies to brief Congress and the public on how they will hold any corrupt actors accountable. The statement follows an April 9 request from Warren and Senator Sheldon Whitehouse asking the CFTC to investigate unusual oil futures trading patterns immediately preceding two major Trump Administration announcements regarding the Iran conflict.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-04-15
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member Elizabeth Warren urges CFTC and SEC to investigate well-timed oil futures trades tied to Iran conflict announcements
Senate Banking Committee Ranking Member Elizabeth Warren responded to reports that the Commodity Futures Trading Commission will investigate “well-timed” oil futures trading ahead of Trump Administration announcements on the Iran conflict. She urged the CFTC and Securities and Exchange Commission to probe potential insider trading by Trump officials, brief Congress and the public on accountability measures, and noted an earlier request with Senator Sheldon Whitehouse for an investigation into unusual oil futures trading patterns.