Democratic U.S. Sen. Elizabeth Warren is pressing Treasury Secretary Scott Bessent for answers following reports that officials inside President Donald Trump's White House have been providing Wall Street executives with advance notice about potentially market-moving trade talks with other nations, including China and India.

Warren wrote in her letter that the JPMorgan event "was not open to the public or media" and expressed concern that Bessent "provided a room full of wealthy investors and Wall Street executives exclusive, advance tips about the administration's trade policy, potentially creating the opportunity for insider trading or other financial profiteering by well-connected friends of the administration."

"Chaos, confusion, economic damage, and opportunities for corruption have become the hallmark of President Trump's rollout of his tariff policies," Warren continued. "President Trump's opaque decision-making on tariffs and frequent, seemingly random changes of course have created a scenario where wealthy investors and well-connected corporations can get special treatment, receiving inside information they can use to time the market, or obtaining tariff exemptions that are worth billions of dollars—while Main Street, small businesses, and America's families are left to clean up the damage."

Warren sent the letter a day after Fox Business correspondent Charles Gasparino reported that unnamed officials inside the Trump White House have been "alerting Wall Street execs they are nearing an agreement in principle on trade with India," heightening concerns that the administration is effectively encouraging insider trading.