Marjorie Taylor Greene denies insider trading accusations – Washington Examiner

Rep. Marjorie Taylor Greene (R-GA) has denied allegations of insider trading after making significant stock purchases ahead of President Donald Trump’s declaration regarding tariff rates. Greene reportedly bought between $21,000 and $315,000 in stocks shortly before and during Trump’s announcement, alongside selling treasury bills valued between $50,000 and $100,000 on the eve of the tariff pause. During a recent town hall, protesters accused her of profiting from insider facts. greene attributed her stock purchases to her portfolio manager’s strategy, stating they were made in response to market changes. House Minority Leader Hakeem Jeffries (D-NY) criticized Greene and called for a ban on stock trading by Congress members,highlighting ongoing discussions on this issue among lawmakers. White House press secretary karoline Leavitt indicated potential support from the Trump governance regarding legislation to prevent congressional stock trading.


MTG denies insider trading accusations, says portfolio manager ‘bought the dip’

Rep. Marjorie Taylor Greene (R-GA) denied allegations of insider trading after she purchased stocks ahead of President Donald Trump‘s announcement of a 90-day pause of his secondary tariff rates.

Greene bought somewhere between $21,000 and $315,000 in stocks the day before and the day of Trump’s announcement, according to a public disclosure report the congresswoman filed. She also sold between $50,000 and $100,000 in treasury bills the day before Trump paused the tariffs. The morning before Trump’s afternoon announcement, the president posted on Truth Social that “THIS IS A GREAT TIME TO BUY!”

During a town hall on Tuesday, some protesters accused the congresswoman of insider trading over her transactions. Greene defended herself by telling reporters she has “a fiduciary agreement with my portfolio manager” and that she does not “place my buys myself.”

“That’s something that my portfolio manager does for me, and he did a great job. Guess what he did? He bought the dip. And that’s what anybody that has any financial sense does when they know the market’s going to be going down. That was obvious to everyone,” Greene told reporters Tuesday, per the Georgia Recorder.

Greene’s comments come after House Minority Leader Hakeem Jeffries (D-NY) targeted the GOP congresswoman in his call to ban members of Congress from trading stocks while on MSNBC’s Inside with Jen Psaki Monday evening.

“So many of these people are crooks, liars, and frauds, and Marjorie Taylor Greene is, of course, exhibit A. We are seeing corruption unfold before us in real-time. And House Democrats and Senate Democrats are going to partner together to make sure we, of course, shine a spotlight on these issues,” Jeffries said.

“One, we do need to change the law so that sitting members of Congress cannot trade stock. Period. Full stop. And until we get to that point, we obviously have to continue to highlight why this is problematic,” he added.

While several lawmakers on both sides of the aisle have shown enthusiasm for legislation to ban congressional stock trading, no bill has been brought up for a floor vote in either Republican or Democrat-led Congresses.

HECKLER TASED AFTER GRABBING POLICE OFFICER AT MARJORIE TAYLOR GREENE TOWN HALL

On Tuesday, White House press secretary Karoline Leavitt did not rule out support from the Trump administration on such a measure.

“I’m certain that’s something the president would be interested in looking at,” Leavitt said at a press briefing Tuesday.



" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Content
Back to top button
Available for Amazon Prime
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker