Marjorie Taylor Greene Bought Market Dip Before Trump Paused Tariffs, Profiting From the Rally
Marjorie Taylor Greene, the controversial Republican congresswoman from Georgia, has once again found herself in the spotlight for her financial activities. This time, it’s for buying the market dip just before former President Donald Trump announced a pause on tariffs, allowing her to profit from the subsequent rally.
In a recent financial disclosure report, Greene revealed that she purchased between $15,001 and $50,000 worth of stock in the SPDR S&P 500 ETF Trust on August 23, 2019. This purchase came just days before Trump announced that he would delay some of the tariffs on Chinese imports, leading to a surge in the stock market.
This move by Greene has raised eyebrows, as it appears that she may have used insider information to make a profitable trade. While members of Congress are not explicitly prohibited from trading stocks based on non-public information, many argue that it is unethical for them to do so.
Greene has a history of controversial and divisive statements, and this latest revelation is sure to add fuel to the fire. Critics have accused her of using her position in Congress for personal gain, and some are calling for an investigation into her trading activities.
In response to the controversy, Greene has defended her actions, stating that she did nothing wrong and that she simply made a smart investment based on publicly available information. However, many are still skeptical of her motives and believe that there may have been more to her decision to buy the market dip.
This latest incident highlights the ongoing debate over whether members of Congress should be allowed to trade stocks while in office. Some argue that it creates a conflict of interest and undermines the public’s trust in their elected officials, while others believe that it is a legitimate way for lawmakers to grow their wealth.
Regardless of where one stands on this issue, it is clear that Marjorie Taylor Greene’s financial activities will continue to be scrutinized. As she faces criticism and calls for accountability, it remains to be seen how she will navigate the fallout from this latest controversy.