Rep Marjorie Taylor Greene has been accused of insider trading as she made a series of major stock purchases amid the tariff turmoil. According to a newly filed financial disclosure accessed by CBS News, MTG purchased stocks of Dell, Amazon, Lululemon when all of them were down nearly 40 per cent.
And as the market bounced back on Donald Trump's pause on tariffs, she was one of the major gainers, triggering accusations of insider trading. Greene said all her investments are reported with full transparency.“I have signed a fiduciary agreement to allow my financial advisor to control my investments,” Greene said in a statement to the Associated Press when asked whether she made the stock buys herself. “All of my investments are reported with full transparency.”
There is also no evidence that Greene traded on non-public information.
"We need an investigation into insider trading by people like Congresswoman Marjorie Taylor Greene. We need an investigation into whether any K Street lobbyists or other big firms were tipped off by Donald Trump's actions," Texas Democratic rep Gregorio Casar said amid insider trading accusations against MAGA.
Stocks tumbled after Trump unveiled his tariff charts and stepped up tariff attacks on China. The Trump administration asserted that there will be no going back on tariff but on Wednesday, he announced a 90-day pause on these tariffs. Hours before this announcement, he posted 'Great time to buy' and those who bought became richer when the stocks turned upwards soon after his pause announcement.
While members of Congress are permitted to buy and sell stocks, their knowledge of political developments has often raised concerns about the possibility of insider trading. Greene has disclosed purchasing a number of stocks in the days leading up to the 90-day pause — seven on April 3 and 19 on April 4 — according to the Congressional trade tracker Insiderfinance.io. Although lawmakers are allowed to buy and sell stocks, they are required by the Stop Trading on Congressional Knowledge Act to publicly disclose any stock trades valued over $1,000 within 45 days of the transaction.
And as the market bounced back on Donald Trump's pause on tariffs, she was one of the major gainers, triggering accusations of insider trading. Greene said all her investments are reported with full transparency.“I have signed a fiduciary agreement to allow my financial advisor to control my investments,” Greene said in a statement to the Associated Press when asked whether she made the stock buys herself. “All of my investments are reported with full transparency.”
There is also no evidence that Greene traded on non-public information.
"We need an investigation into insider trading by people like Congresswoman Marjorie Taylor Greene. We need an investigation into whether any K Street lobbyists or other big firms were tipped off by Donald Trump's actions," Texas Democratic rep Gregorio Casar said amid insider trading accusations against MAGA.
Stocks tumbled after Trump unveiled his tariff charts and stepped up tariff attacks on China. The Trump administration asserted that there will be no going back on tariff but on Wednesday, he announced a 90-day pause on these tariffs. Hours before this announcement, he posted 'Great time to buy' and those who bought became richer when the stocks turned upwards soon after his pause announcement.
While members of Congress are permitted to buy and sell stocks, their knowledge of political developments has often raised concerns about the possibility of insider trading. Greene has disclosed purchasing a number of stocks in the days leading up to the 90-day pause — seven on April 3 and 19 on April 4 — according to the Congressional trade tracker Insiderfinance.io. Although lawmakers are allowed to buy and sell stocks, they are required by the Stop Trading on Congressional Knowledge Act to publicly disclose any stock trades valued over $1,000 within 45 days of the transaction.
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