Rep. Marjorie Taylor Greene has made a savvy move by investing in stocks hit hard by President Trump’s tariffs during the market meltdown. As a strong supporter of the president’s trade policies, she bought shares in companies such as Lululemon and Dell Computer, which saw significant losses due to tariff threats.
According to financial documents, Greene purchased these stocks last week, just as others were dumping them due to concerns over the impact of Trump’s tariffs. While the exact amount spent is not disclosed, some of her investments are already showing gains. Restoration Hardware (RH), for instance, has jumped more than 30% since Greene bought it after a significant price drop.
The move has sparked controversy, with lawmakers from both parties proposing bills to ban members from stock trading due to conflicts of interest. However, so far, none of these proposals have been passed. Greene claims to have signed a fiduciary agreement allowing her financial advisor to control her investments, ensuring transparency in her dealings.
Greene’s support for Trump’s tariffs is well-documented, and she has stated that “tariffs are a powerful proven source of leverage to protect our national interests.” While some investors remain skeptical, it appears that Greene’s gamble on the stocks is paying off.
Source: https://apnews.com/article/greene-stocks-conflicts-interest-restoration-hardware-tariffs-trump-f9922a970c837cb76dd8ddc01f20f51d