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Senator Calls for Insider Trading Probe Amid Climate Crisis

12/11/2025

Summary

Story summary

Senator Jeff Merkley (D-Ore.) is calling for an investigation into possible insider trading by fossil-fuel billionaires associated with the Trump administration.
This request follows a Guardian report detailing a significant share purchase by Robert Pender and Michael Sabel of Venture Global after meeting with Trump officials.
Merkley criticized the administration's connections to the fossil fuel industry, linking them to rising utility costs and worsening climate conditions.
Venture Global asserts it complies with SEC regulations amid these allegations.
The year 2025 is projected to be one of the hottest, intensifying climate-related disasters in the U.S.

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Story summary

Senator Jeff Merkley (D-Ore.) is calling for an investigation into possible insider trading by fossil-fuel billionaires associated with the Trump administration.
This request follows a Guardian report detailing a significant share purchase by Robert Pender and Michael Sabel of Venture Global after meeting with Trump officials.
Merkley criticized the administration's connections to the fossil fuel industry, linking them to rising utility costs and worsening climate conditions.
Venture Global asserts it complies with SEC regulations amid these allegations.
The year 2025 is projected to be one of the hottest, intensifying climate-related disasters in the U.S.