Rep. Marjorie Taylor Greene, a strong supporter of President Trump’s trade policies, bought stocks that were heavily affected by his tariffs in a market meltdown. She purchased Lululemon, Dell Computer, and Amazon, among others, which took a 40% hit on average.
Greene’s financial disclosure shows she invested in these companies during the recent market downturn, but the exact amount spent is not disclosed. Some of her bets are already paying off, with RH (Restoration Hardware) jumping over 30% since she bought it last week and Dell rising by 9%.
Lawmakers have proposed bills to ban members from stock trading due to potential conflicts of interest. However, none of these proposals has been passed yet. Greene’s office has not commented on this issue.
Greene had previously expressed her support for Trump’s tariffs, calling them a “powerful proven source of leverage” to protect national interests. The recent market fluctuations have investors questioning whether she made the right move.
Source: https://www.cbsnews.com/news/marjorie-taylor-greene-stocks-trump-tariffs