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Georgia Rep. Marjorie Taylor Greene is facing review for their latest financial investments.
The Republican Congress Woman bought tens of thousands of dollars in stock from various high -profile companies just before president Donald Trump Announced a 90-day break on its international tariffs and sent the market raising.
A new one financial disclosure revealed that Greene bought between $ 21,000 and $ 315,000 in shares from companies such as Apple, FedEx, Amazon and Nike on April 8 and 9. At that time, the market was free after Trump’s April 2 “Liberation Day” speech where he announced he announced Mutual tariffs in 60 countries and territories around the world.
On April 9, hours before he announced the three -month break, Trump published to His truth account“This is a good time to buy !!!” The hint of a marketing recovery. The subsequent customs break led to the S&P 500 jumping 9.5% and Nasdaq to rise 12.2%, the largest one -time gain for both in more than 15 years.
In a statement to Associated Press About her latest share purchase said Greene: “I have signed a management agreement to let my financial adviser check my investments. All my investments are reported with full openness.”
Members of the congress have up to 45 days to reveal share purchases, which means that Greene may not be the only one who has used the customs induced fluctuation.
Elijah Nouvels / AFP via Getty
Talk to reporters on April 9, Trump shared their reasoning to announce the customs pass.
“I thought people jumped out of the line a little … they got a little yippy, a little scared,” he said.
“We have a big job to do,” the president continued. “No other president would have done what I did … No one else. I know the presidents, they wouldn’t have.”
Politicians on both sides of the hallway have long tried to ban members of Congress from being able to trade shares – given the interest conflict – but so far it has not succeeded.
March 6, Republican Rep. Tim Burchett By Tennessee suggested the latest version: HR1908 – Final Congress’s stock trading. The law aims to “prohibit stock trading and ownership of congressional members and their spouses and dependent children and for other purposes.”
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Talk to MSNBC on April 14, Democratic House Manager Hakeem Jeffries revealed that he is on board banning stock trading.
“So many of these people are villains, liars and fraud. And Marjorie Taylor Greene is of course exhibition A. We see corruption develop in real time,” said Jeffries, leaving that Congress should update the law “so that sitting members of Congress cannot trade, period. Full stop.”