Rep. Marjorie Taylor Greene (R-GA) loaded up on stocks in the middle of the market's freefall due to President Donald Trump's imposition of draconian tariffs around the world, CBS News reported on Thursday.
"The Georgia Republican, an avid supporter of the Trump administration's trade policies, not only bought stocks last week as others dumped them in a panic — she scooped up some of the biggest losers," said the report. "Lululemon, Dell Computer, Amazon, the parent of Restoration Hardware and a few others hit hard by President Trump's tariff threats were down 40% on average late last week when she pounced. Data from a required three-page financial holdings document doesn't disclose exactly how much she paid for the stocks, only ranges and dates."
Greene appeared to profit off these deals, the report continued, noting: "Some of her bets are working out so far, at least as of Wednesday's close, after markets soared on Mr. Trump's decision to pause most of his 'reciprocal tariffs' on nations other than China for 90 days. Markets fell again Thursday, but remain above Wednesday morning's levels."
Dell stock lost "more than half its value" before Greene bought. Now, it is up 9 percent from those lows.
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There is no evidence that Greene acted on nonpublic information, which would be illegal. However, Trump's announcement timing, as well as his repeated suggestions for people to buy stock at certain times, have raised suspicions, with Democrats demanding an investigation into whether Trump and his inner circle orchestrated an insider trading scheme.
This is also not the first time Greene specifically has been accused of shady stock practices. In February, it was revealed Greene had purchased large amounts of stock in Tesla, as she sat on the House subcommittee relating to the government spending cut work of Tesla's CEO, tech billionaire Elon Musk, and his Department of Government Efficiency task force.
In fact, a report just a month before that from the market analysis group Unusual Whales found Greene to be one of the members of Congress who has profited the most off of "unusually timed" individual stock trades. She has denied any claims that she has traded off inside information and has claimed that trades made by her son have been mistakenly attributed to her.
