Marjorie Taylor Greene at RNC: ‘Trump will make us wealthy again’
Georgia Republican Rep. Marjorie Taylor Greene called the day a celebration, hours after Trump became the official Republican presidential nominee.
Rep. Marjorie Taylor Greene, R-Ga., bought between $21,000 and $315,000 worth of stock right before President Donald Trump announced he would temporarily pause sweeping tariffs targeting dozens of specific countries, which led to the stock market jumping in value.
The purchases, made public in a federal disclosure on April 11, come as Democrats call for an investigation into whether Trump participated in insider trading.
Less than four hours before pausing for 90 days the individual-nation tariffs on April 9, Trump told his followers on Truth Social, “THIS IS A GREAT TIME TO BUY!!!” The White House said the post reflected the president’s responsibility “to reassure the markets and Americans about their economic security.”
That same day, Greene − one of Trump’s closest allies in Congress − bought between $10,000 and $150,000 worth of stock in companies such as Adobe, Apple, NVIDIA, Palantir and Cummins. The day before, on April 8, Greene had purchased another $11,000 to $165,000 of stock in Amazon, FedEx, JP Morgan Chase, Lululemon, Nike, Qualcomm, Tesla and other companies. She also sold between $50,000 and $100,000 worth of U.S. Treasury bills.
Markets had been in free fall since April 2, when Trump announced a 10% tariff on all foreign imports and additional “reciprocal” tariffs against dozens of other countries.
When Trump announced he would pause the “reciprocal” tariffs, the S&P 500 had its largest gain since 2008, ending 9.5% higher, and the Nasdaq rose 12.2%, its biggest single day jump since 2001. There was also an immediate 18% jump in the price of Tesla stock, which was co-founded by Trump aide Elon Musk, who publicly opposed the tariffs in opposition to Trump’s trade advisor.
A spokesperson for Greene did not immediately return a request for comment. But Greene told the Associated Press in a statement: “I have signed a fiduciary agreement to allow my financial advisor to control my investments. All of my investments are reported with full transparency.”
Members of Congress have up to 45 days to disclose any stock purchases, which means other members of Congress may have also bought or sold stock shortly before the president changed his tariff policy but have not yet disclosed it.
Lawmakers from both sides of the aisle have long sought to ban members of Congress from trading individual stock while they serve in office, as they often have insight into policy decisions before they are revealed to the general public. However, legislation to do so has not been successful, regardless of the party in power.