Media Pounces: MTG Accused Of Insider Trading After Big Market Win

Tobias Deml, CC BY-SA 4.0 , via Wikimedia Commons

Rep. Marjorie Taylor Greene (R-Ga.) is under scrutiny following a series of stock purchases made leading up to and during a significant market downturn triggered by President Trump’s announcement of sweeping tariffs. Between March 16 and March 24, Greene made 15 financial transactions, including substantial investments in U.S. Treasury bills and shares of companies like Lululemon, Dell and Amazon, which had experienced sharp declines due to the tariff news.

Most notably, Greene invested heavily in Treasury bills (T-Bills) prior to Trump’s “Liberation Day” announcement on April 2.

According to financial disclosures, Greene made multiple purchases of T-Bills totaling between $300,000 and $750,000.

Trump’s “Liberation Day” announcement unveiled sweeping tariffs on imports, triggering significant market volatility. Greene’s timely investments in Treasury bills—widely viewed as a safe-haven asset during market downturns—combined with her public support for Trump’s trade policies, have raised questions about potential conflicts of interest. However, Greene has stated that her investments are managed by a financial advisor under a fiduciary agreement and are fully disclosed in compliance with transparency requirements.

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

A report by the New York Post provides further details on Greene’s major financial moves ahead of and throughout Wall Street’s meltdown—including in tech and apparel stocks that surged following Trump’s announced tariff pause.

The congresswoman acquired thousands of dollars’ worth of stock in Amazon, Apple, Dell Computer, Lululemon, Nike and Restoration Hardware just two days after Trump imposed a 10% global tariff on imports.

By that time, the Dow Jones Industrial Average fell by 5.4%. The Nasdaq dropped 5.6%, while the S&P 500 declined 5.2%—marking one of the steepest single-week downturns in recent years.

Many of the companies Greene invested in saw their share prices fall even further during that brief span.

-Amazon stock fell by nearly 6%.

-Apple dropped 5.9%.

-Dell Computer shares slid 6.3%.

-Nike lost 7.1%.

-Lululemon dropped 6.5%.

-Restoration Hardware tumbled 7.4%.

The New York Post continues:

The filings show the lawmaker also hedged those purchases with holdings in the domestic energy, transportation, semiconductors, construction equipment and hardware sectors — including Caterpillar, FedEx, and Norfolk Southern, whose train derailed in East Palestine, Ohio, two years ago and spilled toxic chemicals.

In total, the Georgia Republican added between $19,019 and $285,000 to her portfolio on April 3 and 4, per the filings. Greene also bought at least $100,001 in US Treasury bonds the month before.

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

After Trump’s decision to pause all but 125% duties on Chinese goods, many of those stocks have rebounded, with Dell posting a 9% surge and Restoration Hardware up more than 10% since Greene’s filings.

The Georgia congresswoman’s trades were first reported by the Associated Press on Friday.

“I have signed a fiduciary agreement to allow my financial advisor to control my investments,” Greene told the AP. “All of my investments are reported with full transparency.”

The situation has reignited debates over the ethics of congressional stock trading, with some lawmakers advocating for stricter regulations to prevent potential misuse of nonpublic information.​

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Patrick Houck

Patrick Houck is an avid political enthusiast based out of the Washington, D.C., metro area. His expertise is in campaigns and the use of targeted messaging to persuade voters. When not combing through the latest news, you can find him enjoying the company of family and friends or pursuing his love of photography.

5 Comments
    VKM

    Stocks go up and they go down. People with big cash to invest, do not do that as individuals. They use investment firms who manages stock protfolios. More than likely, she was not advised as to what stocks were purchased.

    Typcially, you tell your firm what amount you are willing to RISK. Because markets involve RISKS.

    Example, I tell my firm, ok, in my portfolio, I want X% of bonds, X% of annuities, X5 long term steady (GE, etc) x% low risk, etc etc.

    I played the market myself and I would buy and sell penny stocks that had big gains. Yah, I didn’t make millions, but from time to time I’d cash out on short term holds.

    Any idiot knows you ride the long term steadies and buy the short term risk on prospect. Sometimes you win, sometimes you lose.

    That is NOT insider trading where you get an “inside tip” like sell XYZ because it’s going to tank tomorrow. NO ONE knows exactly what the markets are going to do.

    Deplorable Mark

    1. It would be great if congressbeasts’ trading were frozen by law while in office, like the president. Unfortunately, it is legal.
    2. Why is it acceptable when democrats insider-trade, and buy government real estate (especially Pelousy).
    3. Hippo Critical.

    RAA

    “I have signed a fiduciary agreement to allow my financial advisor to control my investments,” Anyone, let alone members of Congress, can transfer the authority to control their investments. The fact that purchases occurred rapidly does not automatically infer insider trading. Trump’s position on potential tariffs being imposed was rather well established. The tariffs imposed were not narrowly focused, favoring or disfavoring only those specific businesses her advisor purchased … How any hundreds/thousands of other investors/financial advisors recognized the same potential dynamics and made similar decisions?

    Scott E High

    This an interesting discovery that isn’t. Many experienced investors play volatility in the markets, buying “when blood is running in the streets” and selling when everyone else is buying. Just another euphemism for “buying low and selling high”. Experienced fiduciaries are more likely to follow contratrarian rules like these because they’ve seen it happen previously. Many of us older and experienced investors took advantage of this volatility and will gain when the opportunity presents. The herd is usually wrong and panic drives them over the cliff. Investing needs to be logical, not hysterical.

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