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Democrats are calling for an investigation into Marjorie Taylor Greene‘s purchase of stocks during the recent market dip following President Donald Trump‘s announcement of sweeping reciprocal tariffs on April 2.
On Thursday, Texas Democratic Representative Gregorio Casar said: “We need an investigation into insider trading by people like Congresswoman Marjorie Taylor Greene… We need an investigation into whether any K Street lobbyists or other big firms were tipped off by Donald Trump’s actions.”
Markets plummeted after Trump announced his “liberation day” reciprocal tariffs on most American trading partners on April 2. However, he subsequently announced a 90-day pause on the tariffs on Wednesday, April 9, saying that “people were getting a bit yippy.” The move sent the markets soaring.
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Greene has disclosed purchasing a number of stocks in the two days after Trump’s reciprocal tariffs were announced — seven on April 3 and 19 on April 4 — according to the Congressional trade tracker Insiderfinance.io, including in Lululemon Athletica, Dell Computer and Apple.
Casar’s call for an investigation comes after Senator Adam Schiff also announced that Congressional Democrats would be investigating Trump’s administration for insider trading prompted by the recent market volatility linked to his changing tariffs.
Although lawmakers are allowed to buy and sell stocks, they are required by the Stop Trading on Congressional Knowledge Act to publicly disclose any stock trades valued over $1,000 within 45 days of the transaction.
Newsweek has contacted Greene’s office for comment outside of regular working hours.
This is a breaking story. More to follow.