Greene's Stock Trades Spark Insider Trading Probe
Greene's Stock Trades Spark Insider Trading Probe

Greene's Stock Trades Spark Insider Trading Probe

News summary

Rep. Marjorie Taylor Greene is under scrutiny for buying significant stocks just before former President Trump's tariff pause announcement, which led to a market surge. Detailed disclosures reveal that Greene purchased between $21,000 and $315,000 in stocks from companies like Apple, Amazon, and Tesla on April 8 and 9, around the time Trump hinted at a market rebound on social media. Democrats are calling for an investigation into possible insider trading and market manipulation, as members of Congress are required to disclose stock trades within a certain timeframe. Greene has defended her actions, stating that her financial advisor manages her investments, and all trades are transparently reported. Despite this, the timing of her stock purchases, coinciding with Trump's tariff pause announcement and market rebound, has raised ethical concerns about potential conflicts of interest among lawmakers. Calls for legislation to prevent sitting members of Congress from trading stocks have intensified following these revelations.

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Last Updated
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