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Congresswoman Marjorie Taylor Greene is fighting against criticism from recent stock buying activity that came shortly before a market rally.
Here’s what Greene had to say.
What Happened: Disclosures from Rep. Greene (R-Ga.) showed her buying shares of several stocks as the market declined on news of President Donald Trump‘s reciprocal tariffs, as shown on the Benzinga Government Trades page.
Those stocks quickly soared after Trump announced a pause to tariffs, turning Greene’s investment of $21,000 to $315,000 into a quickly profitable one that drew attention from many accounts that follow Congress trading activity.
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Greene bought shares of technology stocks like Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), NVIDIA Corporation (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) that were hurt by potential tariffs. Greene also disclosed buying Nike Inc (NYSE:NKE) and Lululemon Athletica (NASDAQ:LULU) shares, which soared after Trump paused tariffs.
Greene took pride in her transactions, despite other members of Congress calling for an investigation into whether Trump and his allies participated in insider trading.
“I think that criticism is laughable. President Trump has been talking about tariffs for decades,” Greene told reporters when asked about the trades at a recent town hall event in Georgia in a clip shared by Unusual Whales. The Congresswoman used the opportunity to boast about her stock performance, which ranked her as one of the top trading members of Congress in 2024.
“I don’t place my buys and sells,” Greene said, citing an agreement she has with her portfolio manager, who handles all the buying and selling of stocks. “He did a great job. Guess what he did. He bought the dip. And that’s what anybody that has financial sense does.”
Greene also said her portfolio manager did not have inside information, everything was public and a potential tariff pause wasn’t a secret.
Why It’s Important: Greene is Trump’s close ally. The timing of the buys shortly before the tariff pause was announced has raised red flags.
