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The Politics Bar After Hours - Using The Right Tools
U.S. Sen. Raphael Warnock speaks at a press conference in July about the John R. Lewis Voting Rights Advancement Act. Credit: Warnock's Instagram Page @senatorwarnock.
U.S. Sen. Raphael Warnock is questioning suspiciously timed oil trades linked to the ongoing conflict in Iran.
Warnock asked the Commodity Futures Trading Commission, or CFTC, for updates on an investigation into trading activity which happened before major announcements in the conflict.
Federal investigators are examining whether traders may have benefited from having access to government information that was not available to the public. One of the trades reportedly involved a $950 million bet that oil prices would fall shortly before an announcement about the ceasefire was made.
The push from Warnock comes while many Georgians are facing higher gas prices, utility costs and overall concerns with inflation.
No allegations of wrongdoing have been formally filed, and no person or company has been identified by investigators as to who is being investigated.
Written by: Jenna Eason
Georgia Politics Iran Iran war oil trades Raphael Warnock Warnock
Jody Hamilton and Shawn "Smith" Peirce are the proprietors of The Politics Bar, a progressive audio show that recreates the spirit of the old neighborhood bar where friends could discuss the news of the day without starting a brawl. Jody is an Emmy-nominated, award-winning media producer, actress, and radio host—daughter of TV producer Joe Hamilton and comedy legend Carol Burnett—who's made her own mark in media through "The Carol Burnett: Show Stoppers," "The Porkchop Playhouse," "From The Bunker" podcast, and her work as executive producer and fill-in host of "The Stephanie Miller Show". Shawn is a long-time national media producer and radio talent who's one of the few producers in U.S. political media to have worked on the left, right, and center, including more than a decade with "The Randi Rhodes Show" and stints producing "The Stephanie Miller Show," "The Bill Press Show," "The Laura Ingraham Radio Show," and "The Steele & Ungar Show" for SiriusXM. The show airs weeknights on progressive radio affiliates nationwide and is available on-demand through podcast platforms and Substack subscription.
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