How Marjorie Taylor Greene Cashed In: The Stock Purchase That Coincided with Trump’s Tariff Pause and Market Surge

Rep. Marjorie Taylor Greene is known as one of the most active stock traders in Congress. Just before a significant announcement by President Donald Trump regarding tariffs, she made some noteworthy investments.

On April 8 and 9, Greene invested between $21,000 and $315,000 into 17 different companies, including big hitters like Apple, Tesla, NVIDIA, and Palantir. This was right before Trump announced a 90-day pause on new tariffs, which caused the stock market to soar on April 9. Anyone who jumped into the stock market just before that announcement likely saw a nice boost in their investments.

Greene claims she does not handle her trades directly. She stated that she has a fiduciary agreement with a financial advisor who manages her investments. "All of my investments are reported with full transparency," she added. However, her office has not responded to questions about whether Greene had prior knowledge of Trump’s tariff pause.

After the market rebound, some Democrats have raised concerns about potential market manipulation, insinuating that Trump and his allies might have profited from insider knowledge. So far, there’s no concrete evidence to support this claim, though future disclosures from Congress members could shed light on the situation. Members of Congress are expected to report their trades within 45 days of completing a transaction.

Interestingly, Greene was not the only member of Congress trading recently. She also made another investment ranging up to $285,000 in 17 companies on April 3 and 4. It’s worth noting that she’s the only Congress member publicly known to have bought stocks after markets initially dipped due to Trump’s "Liberation Day" tariff announcements.

This scenario highlights the ongoing discussions around transparency and ethics in political finance. According to a 2021 survey by the Pew Research Center, 60% of Americans believe that members of Congress are motivated more by self-interest than by the needs of their constituents. As citizens keep an eye on their representatives, the conversation about how stock trades intersect with public service will likely continue.

For more information about the ethical implications of stock trading by public officials, check out this report by the Congressional Research Service.

Check out this related article: Stocks Surge as Tariff Turbulence Sparks Market Rally

Source link

trump,tariff pause,stock,marjorie taylor greene,market,greene,day,congress,disclosure,april,hour,member,monday,loud ally,different company