By Charles Switzer
1:02am PDT, Apr 13, 2025
Rep. Marjorie Taylor Greene Invests Amid Market Turmoil
Rep.
Marjorie Taylor Greene made headlines after investing in stocks during a significant market downturn caused by fears of a global trade war.
The stock market plunged on April 2 when President
Donald Trump imposed tariffs on more than 180 countries.
Despite the market's sharp decline, Greene reportedly followed Warren Buffett's famous investing principle: "To be fearful when others are greedy and to be greedy only when others are fearful."
Here are all the details on Greene's gains.
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Greene's Stock Picks During the Market Crash
As the market crashed, Marjorie Taylor Greene made substantial investments in major companies like Lululemon,
Amazon and Dell, which had seen significant drops.
According to the
Associated Press, these stocks were down by an average of 40 percent when Greene purchased them. The market shock from Donald Trump's tariff announcement marked its worst single-day performance since the earliest days of the COVID pandemic.
However, the stocks Greene bought saw sharp gains after Trump announced a 90-day "pause" on most of the tariffs.
Democrats Call for Insider Trading Probe
Following the announcement of the tariff pause, some Democrats began questioning whether there were conflicts of interest involved in Marjorie Taylor Greene's stock purchases. They called for an investigation into potential insider trading, especially after Donald Trump urged his followers on Truth Social: "THIS IS A GREAT TIME TO BUY!!! DJT," just hours before the pause.
The timing of Greene's investments raised suspicions, and Democrats, including Sens. Ruben Gallego and Adam Schiff, sent a letter to the Office of Government Ethics requesting a federal probe into whether any White House officials or the president's family had prior knowledge of the tariff changes.
Greene's Response to Allegations
When asked by AP about potential conflicts of interest regarding her investments, Marjorie Taylor Greene denied any wrongdoing.
She explained that she had signed a fiduciary agreement allowing her financial advisor to manage her investments.
"I have signed a fiduciary agreement to allow my financial advisor to control my investments. All of my investments are reported with full transparency," Greene said.
AOC and White House Defend Actions
Rep.
Alexandria Ocasio-Cortez also joined the call for an investigation, suggesting that any member of Congress who made stock purchases in the last 48 hours should disclose their actions.
She tweeted, "I've been hearing some interesting chatter on the floor. Disclosure deadline is May 15th. We're about to learn a few things. It's time to ban insider trading in Congress."
Meanwhile, White House spokesperson
Kush Desai defended Donald Trump's decision to pause the tariffs, stating that the president acted to reassure markets and protect economic security.
Desai also pointed out that Democrats had long criticized China for its trade practices, accusing them of playing partisan politics instead of supporting Trump's efforts.
