Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

10.04.2025    Pioneer Press    14 views
Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

By BERNARD CONDON NEW YORK AP Give Marjorie Taylor Greene credit where it s due As stocks tanked on tariff fears she manifested her faith in the president not just with words but dollar bills Related Articles Trump s tariffs threaten to end quarter-century era of cheap goods for US consumers This federal rule helped clear air over America s largest part beloved parks Trump s EPA wants to kill it Billionaires trusted allies media personalities These are the people Trump picked for top roles Pressed for evidence against Mahmoud Khalil cabinet cites its power to deport people for beliefs The House passed a requirement to prove US citizenship to vote This is how it could affect voting The Republican congresswoman an avid supporter of the Trump administration s pact policies not only bought stocks last week as others dumped them in a panic she scooped up specific of the biggest losers Lululemon Dell Computer Amazon the parent of Restoration Hardware and a minimal others hit hard by Trump s tariff threats were down on average late last week when she pounced Statistics from a required three-page financial holdings document doesn t disclose exactly how much she paid for the stocks only ranges and dates But however much she spent a few of her bets are working out so far at least as of Wednesday s close RH formerly called Restoration Hardware is Greene s clear winner It jumped more than a third since since Friday s close when she bought it after a stunning collapse in price that shook even the head of the furniture retailer Oh sh noted RH CEO Gary Friedman in a conference call last week as the stock plunged Dell has jumped since Greene bought the stock last week after it had lost more than half its value Lawmakers from both major parties have proposed bills banning members from stock trading because of the apparent conflict of interest in owning shares of companies they can heavily influence with positions they can take in office But none of the clunkily named bills The Transparent Representation Upholding Function and Trust in Congress Act for instance has been passed A new bill The End Congressional Stock Trading Act was proposed last month Demanded whether she made the stock purchases herself and about achievable conflicts of interest Greene commented in a report I have signed a fiduciary agreement to allow my financial advisor to control my investments All of my investments are published with full transparency The MAGA supporter has been outspoken in her advocacy of Trump s tariffs Tariffs are a powerful proven source of leverage to protect our national interests she posted on X earlier this year adding We will win this deal war Investors are not fully convinced After surging on Wednesday when Trump called a partial halt to the import taxes stocks were heading down again Thursday

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