The U.S. Department of Justice has officially termed a weekend shooting near the White House an assassination attempt on President Donald Trump, setting the stage for a volatile market open.
The U.S. Department of Justice has officially termed a weekend shooting near the White House an assassination attempt on President Donald Trump, setting the stage for a volatile market open.

(Bloomberg) -- A weekend shooting incident near the White House is being treated as a direct assassination attempt on President Donald Trump, according to the Department of Justice, a development poised to inject significant geopolitical risk into U.S. markets.
"Secret Service Police returned fire striking the suspect who was transported to an area hospital where he was pronounced deceased," Secret Service communications chief Anthony Guglielmi said in a statement.
The event is expected to trigger a classic risk-off flight to safety, with futures indicating a sharp decline for U.S. equities and a corresponding surge in demand for safe-haven assets like gold and U.S. Treasury bonds.
This marks the fourth alleged assassination attempt against Trump, heightening political uncertainty and threatening to destabilize investor confidence as the nation grapples with the implications of repeated, targeted violence against its leader.
The confrontation occurred just after 6:00 pm on Saturday when a man identified by multiple media outlets as 21-year-old Nasire Best of Maryland, approached a security perimeter. According to the official report, Best "pulled a weapon from his bag and began firing" towards the White House. Secret Service agents responded immediately, killing the suspect in a shoot-out that also resulted in a bystander being struck by gunfire.
President Trump, who was in the White House at the time, was unharmed. He later thanked law enforcement for their "swift and professional action" against a gunman with "a violent history and possible obsession with our Country’s most cherished structure."
This incident adds to a growing list of security threats against the president. It is the fourth such alleged attempt, following a campaign rally shooting in July 2024 that left him lightly wounded, an armed man's arrest at a hotel in April 2026, and another arrest on a golf course. The repeated nature of these threats suggests a pattern of security challenges that could have lasting implications for the political landscape and market stability.
This article is for informational purposes only and does not constitute investment advice.