Congresswoman Marjorie Taylor Greene recently bought shares in 2 firms whose operations could clash with her roles as a legislative member. Greene is returning to the securities market after a prolonged break.
In a public document that was made available and verified by Raw Story, Marjorie stated that she purchased as much as fifteen thousand dollars worth of shares from Qualcomm, a government military vendor. She is also a council member of the Border Security and Enforcement of the Homeland Security Board.
Greene also disclosed that she had invested as much as fifteen thousand dollars in Microsoft, a major player in technology. She is also a member of the Commission on Cybersecurity, Information Technology, and Government Development, as well as the Government Management and Responsibility Board.
Additionally, Greene disclosed that he had purchased up to fifteen thousand dollars worth of shares in Home Depot, Goldman Sachs, Hershey, Berkshire Hathaway, and Tractor Supply Company.
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She also bought U.S. Treasury notes, which are investment securities with a short duration ranging from four to fifty-two weeks, for up to 500 thousand dollars. Raw Story demanded feedback, which was not promptly responded to by Greene’s office.
According to Unusual Whales assessment, family investments that Greene declared yielded 18.6% on equities in 2023. That was higher compared to other members of Rep. who purchased shares.
When questioned about the deals on Fox News, she claimed that her son’s account could have done it, an assertion that was joked about on social media. Also, Trump Media & Technology Group, whose price has plummeted since going public, is not one of Greene’s new assets.
Marjorie became the inaugural member of Congress to individually buy shares in Digital World Acquisition Corp. in October 2021, and in March 2024, the company incorporated with Trump Media to create the publicly traded Trump Media & Technology Group, which is listed on the NASDAQ market under the ticker symbol DJT for Donald John Trump.
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According to Greene’s 2021 report, she and her ex-husband, Perry Greene, bought the Digital World Acquisition Corp. shares for about fifteen thousand to fifty thousand dollars. Greene did not disclose if she had offered up the shares for sale.
She separated from her husband in Dec of 2022. The shares of Digital World Acquisition Corp. and several other shares seem to have been transferred to her former spouse.
According to the news media Business Insider, Greene’s husband has purchased shares in firms that publicly advocated for the movements that the congresswoman disagreed with, in the likes of LTBTQ+ rights and the Black Lives Matter campaign. In 2023, Marjorie quit investing based on financial declarations submitted to Congress.
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According to a 2023 study from Unusual Whales, congress representative’s investment is a concern. It is essential to keep in mind that many of the equities purchased are also regulated by their committee members. Despite the warnings, members of the armed services and others continue investing in shares in the midst of these problems.
According to Raw Story, during the recent legislative meeting, forty-two representatives of Congress, excluding Marjorie, violated the Stop Trading on Congressional Knowledge Act of 2012 by revealing private financial transactions in an illegal manner.
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