Murphy to Trump: Stop Gaslighting Americans on Iran, Stop Using the War for Your Corrupt Market Manipulation

WASHINGTON - U.S. Senator Chris Murphy (D-Conn.) spoke on the floor of the U.S. Senate to call out President Trump's months-long gaslighting of the American public on the state of the Iran war. Murphy laid out how Trump's constant false promises of an imminent Iran war deal are part of a corruption scheme in which Trump manipulates the market with deal announcements so his friends and family can cash in. Murphy also slammed Trump's recent announcement of a $100,000 subscription for advance access to Trump's Truth Social posts as another clear example of Trump using the Iran war to facilitate insider trading and sell out America's national security for personal gain.

"The war might be continuing, not just because of incompetence, but because the president has found a way to make money," said Murphy.

Murphy explained how Trump's campaign of gaslighting and dishonesty works: "He gaslights. He tells lies. And the essential gaslight is that the war is about to end: 'Don't worry. Yes, it appears that there is no end. It appears that you're going to have to continue to pay these prices forever. It appears that America has no end game. But don't worry, the war is about to end.'"

Detailing every instance of President Trump selling an "imminent" deal to the public, Murphy argued there are telling patterns in Trump's announcements of a deal: "I just want to go through this pattern for you because it is really important to talk about the fact that the White House is just not being straight with the American public about what's going on in this war… [Trump] normally declares that the war is about to be over on Sunday night or Monday morning, right before the markets open. But now that we are six months into this war, we can see the pattern… On 11 different instances, Trump says, 'A deal is about to happen. Don't worry, the war is about to be over.' There's no deal. None of it is real."

Murphy argued Trump's ceasefire announcements aren't random - they're a coordinated scheme for Trump to make money: "Here's an explanation for why Trump continues to do this gaslighting, particularly right before the markets open. Trump announced, now a week or so ago, that if you pay him $100,000 a month, he will give you advance notice of American foreign policy decisions. That is a subscription service for insider trading, and it is unquestionably lucrative."

He slammed his Republican colleagues for staying silent even when they know President Trump is selling out our country's national security: "Can any of my Republican colleagues defend the president selling announcements from the White House for $100,000 a month, in the middle of a war? Is any Republican senator willing to come down to this floor and defend the president of the United States setting up a subscription service for public policy announcements from the White House, so as to advantage certain players in the marketplace who are willing to pay that amount of money? Of course not."

Murphy called for an immediate, actual end to Trump's disastrous Iran war: "I was glad that the president got a ceasefire [in June], but I could tell by the terms it wasn't going to last. It wasn't a real agreement, but at this point, many of us are willing to support almost any agreement. It'll be a humiliating agreement. It will be one in which Iran will essentially declare victory. But this war is a disaster."

Murphy also highlighted the impact of this war on America's servicemembers, who are being put in harm's way while Trump's cronies rake in millions of dollars: "The price of this war is being plainly paid first and foremost by our soldiers, who are being put in harm's way for a war that is making America weaker every day. They're getting killed. They're sustaining life-altering injuries. Many of our soldiers and sailors and airmen have been in the region far past their scheduled deployment. "

A full transcript of Murphy's speech is available below.

Colleagues, the Trump administration has us stuck in a humiliating quagmire, a total deadlock in Iran. We are wasting billions of taxpayer dollars dropping bombs and firing missiles at Iran. Iran responds with escalation. They keep the Strait closed. They attack our bases. They attack our allies in the region. The war just expands and expands and expands.

In the last week, for instance, a new war is threatening to break out between Yemen and Saudi Arabia, which would likely result in the other strait, at the bottom of the Red Sea being closed as well. Trump personally pays no price for this stalemate. His corruption schemes, his cryptocurrency, his insider trading, the contracts to his sons. All of that has practically tripled his net worth in just 18 short months in office.

No, the price of this war is being plainly paid first and foremost by our soldiers, who are being put in harm's way for a war that is making America weaker every day. They're getting killed. They're sustaining life-altering injuries. Many of our soldiers and sailors and airmen have been in the region far past their scheduled deployment. They haven't seen their families in years.

And of course, American consumers are paying the price as well. Here's the most relevant chart. This is familiar to you. This is what gas prices were doing until the war. They are creeping back well above $4 a gallon right now. That is not affordable for regular Americans, especially Americans who have to travel great distances for work, especially small business owners who rely on reasonable gas prices in order to be able to make their bills work.

Diesel prices are through the roof as well. Fertilizer prices are through the roof as well, all because of this war. No other reason. The war. The prices are this high because of the war. It's farmers, it's small business owners, it's the American public who are paying the price, not Donald Trump.

And so that's why the war is just wildly unpopular. Except for Trump's sort of hardline supporters, the folks who just don't believe he can ever do anything wrong, nobody wants this war. If you're in a red state or a blue state, this war is deeply unpopular because the American public are smart. They're smarter than a lot of my colleagues give them credit for.

They know that a war with Iran is unwinnable. They don't want America stuck again in a quagmire, a stalemate in the Middle East. So, how does Trump handle this? A deeply unpopular war, a war that he is losing, a war that is driving up prices for the American public.

Well, this is how he handles it. He gaslights. He tells lies. And the essential gaslight is that the war is about to end: "Don't worry. Yes, it appears that there is no end. It appears that you're going to have to continue to pay these prices forever. It appears that America has no end game. But don't worry, the war is about to end."

And so, I just want to go through this pattern for you because it is really important to talk about the fact that the White House is just not being straight with the American public about what's going on in this war. Over and over again, the president declares that the war is about to be over. He's not telling the truth.

He normally declares that the war is about to be over on Sunday night or Monday morning, right before the markets open. But now that we are six months into this war, we can see the pattern. Let me go through it with you quickly.

On March 23rd, Trump announces a deal. I'm just going to give you his quotes here. These are his words. He says, "The United States of America and the country of Iran have had over the last two days very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East."

The market impact is immediate. That post sends oil prices tumbling nearly 11%, but there is no deal. He just made it up. Two days later, the United States military is back to conducting strikes. "The USS Abraham Lincoln, continues flight operations against military targets in Iran while sailing in regional waters."

On March 30th, Trump announces another deal. This is Monday morning, right before the markets open. He says, "The United States of America is in serious discussions with a new and more reasonable regime to end," End! "Our military operations in Iran. Great progress has been made."

One week later, there's no deal. The opposite. One week later, Trump posts that he's going to wipe out the entire civilization of Iran. "A whole civilization will die tonight," he posts. "Never to be brought back again."

That's a war crime. The president is promising to kill millions of civilians. He tries to dial it back, but later on that same day, he's back to announcing a deal. Literally, "I'm going to wipe out a whole civilization," that morning. That night, on April 17th [7th], he says, "Well, we received a 10-point proposal from Iran, and I believe it is a workable basis on which to negotiate. A two-week period will allow the agreement to be finalized and consummated."

Five days later, there's no deal. Trump announces a resumption of the war with Iran. Now, let's fast forward 10 days later: April 17th. He posts that a deal with Iran is imminent. This process should go very quickly. Most of the points are already negotiated, he posts.

Two days later, the strikes start again. On May 5th, Trump says, "Great progress being made toward a Complete and Final Agreement with the Representatives of Iran." Complete is capitalized. Final is capitalized. Agreement is capitalized. Representatives is capitalized. Iran is capitalized.

Two days later, the deal is off. Surprise, surprise! Every time Trump announces a deal is imminent, it just disappears. "U.S. forces intercepted unprovoked Iranian attacks and responded with self-defense strikes," CENTCOM announces two days later.

On May 25th, right before the markets open, a deal is imminent. "Negotiations with the Islamic Republic of Iran are proceeding nicely." Right before the markets open!

That same day, the United States military conducts strikes on Iran. "U.S. forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces."

The next Monday, right before the markets open, Trump posts, "Iran wants to make a deal. It'll be a good one. Just sit back and relax. It'll work out well in the end. It always does."

How is this working out well for the American public? How is that working out well for the American public? The next day, there's no deal. The United States conducts strikes against Iran.

On June 17th, Trump actually signs a deal, but it's not a real deal. He does this whole pomp and circumstance signing ceremony in Versailles. That deal was negotiated by diplomatic amateurs. There was nothing actually agreed to. There were words on a page, but from the literal moment the ink was dry, nobody could explain what they had agreed to.

Most significantly, Iran thought that the agreement obligated Israel to stop its military operations in Lebanon. Israel did not agree to that. Iran thought that it had been given control of the Strait in that agreement. Apparently, the American delegation didn't think they made that concession.

Anyway, that agreement lasts 10 days. On June 27th, Trump posts that strikes on Iran have resumed. Let's just fast forward to the last week because Trump is doing it again. On August 1st, Trump posts that… I'm not sure that I transcribed this wrong or not, but it looks like he says, "the perimeters of a deal"? I'll give him credit that he said parameters.

"The parameters of a deal have been agreed to," on August 1st. On August 2nd, "The deal is imminent, having to do with the Strait of Hormuz and ultimately the denuclearization of Iran." The deal is imminent on the denuclearization of Iran.

August 4th, just a night or two ago, Trump tells Fox News, "We're having very good discussions." Meanwhile, there are reports that Iran isn't even talking to the United States. Trump saying a deal on the denuclearization of Iran is imminent, and Iran is saying we're not even in the room.

I mean, we should not accept this level of gaslighting. The word of the president has to matter! Over and over again, on 11 different instances, Trump says, "A deal is about to happen. Don't worry, the war is about to be over." There's no deal. None of it is real. These promises. I wish it were real. I want to be clear about that.

I want the war to end. I would basically support any agreement at this point to end this war. I was glad that the president got a ceasefire, but I could tell by the terms it wasn't going to last. It wasn't a real agreement, but at this point, many of us are willing to support almost any agreement. It'll be a humiliating agreement. It will be one in which Iran will essentially declare victory.

But this war is a disaster. America is losing. Consumers can't afford to pay these prices. Businesses are going under. We had a record of farm bankruptcies in the last year. We look like a laughing stock.

And, we're running out of munitions. We don't have what we need to protect ourselves anymore. Reports are that we've gone through half of our Tomahawks. Our allies in the region have fired 70 to 80% of their Patriot missiles. This is a crisis. It has to end.

But maybe there's an explanation for why Trump continues to do this gaslighting, particularly right before the markets open. Trump announced, now a week or so ago, that if you pay him $100,000 a month, he will give you advance notice of American foreign policy decisions.

I don't understand why that is acceptable to anybody in this chamber. If you pay Donald Trump $100,000, he will give you advance notice of America's foreign policy decisions. If we are about to sign a peace treaty and you give him $100,000 a month, he will give you advance notice of that.

If strikes are going to resume against Iran, if you pay him $100,000 a month, he will give you advance notice of that. That is a subscription service for insider trading, and it is unquestionably lucrative.

On August 1st, Trump posts that a deal is imminent. Remember, people still take him seriously. Not everybody knows about this history of gaslighting. On August 1st, Trump says, "a deal is imminent," and the market impact is immediate. Oil prices fall by 5% right as the markets open.

The next day, right before the markets open, Trump says again, "The deal is imminent." Another 5% drop, and so you see how his statements move the market, and you can see how if you get advance notice of those statements, even by a few seconds, you can capitalize on that market movement.

If you know that if Trump says a deal is imminent and the markets are going to move 5% and you pay $100,000 to Donald Trump to get that information early, you can make a boatload of money. And so maybe the war continues because Trump has found a way to monetize the war in a disgustingly corrupt way.

I get that at some point we become immune to all of this, but can any of my Republican colleagues defend the president selling announcements from the White House for $100,000 a month, in the middle of a war?

Is any Republican senator willing to come down to this floor and defend the president of the United States setting up a subscription service for public policy announcements from the White House, so as to advantage certain players in the marketplace who are willing to pay that amount of money?

Of course not. And if you know in your heart that it is corrupt, that it is wrong, then you should say something about it. Because, the war might be continuing, not just because of incompetence, but because the president has found a way to make money.

More people are going to pay him $100,000 for these announcements in the middle of a war. Frankly, people would be willing to pay it absent a war, but he'll make more money during a war because his announcements clearly move the market in the middle of a very complicated conflict, where the decisions of the United States government immediately change oil markets.

The reason that this war is dragging on endlessly - it does matter, and my colleagues should care about Trump's insider trading subscription scheme. It's just so discouraging that nobody on the other side of the aisle says anything about this, when the credibility of the White House and of our country is just getting destroyed and sullied.

But my Republican colleagues should also care that the war is being waged with a level of embarrassing incompetence that is making America weaker, that's getting us nowhere. This body works best when the president's party stands up to him and says, "enough," whether it's corruption or incompetence.

That's what President Johnson's party did during the Vietnam War. It is actually what the Democratic Party did with President Obama during the late stages of the Afghanistan War, when many of us decided that America had to withdraw and oppose President Obama's party.

It's what many of us did here during the early stages of the war in Yemen that President Obama was bringing the American military into, and many of us opposed it. Got up on its floor, explained why we opposed it.

Republicans can do that too. You can say this war has to end. You can say that the president should never, ever personally benefit from a conflict overseas. You can say that the president of the United States should not sell access to White House statements.

It would make a big difference for our democracy and for the American people who are paying through the nose for the costs of this war if you did.