[Politics] Majorie Taylor Greene makes moves in stock market just before it tanks

[Albion my Albion]

Marjorie Taylor Greene makes stock market play days before tariffs​

MSN

(Click on MSN)

US Representative Marjorie Taylor Greene made hefty trades days before Donald Trump's tariffs announcement tanked the stock market.

The MAGA proponent made 15 investments between March 16 and March 24. Her three largest moves were putting hundreds of thousands of dollars towards US Treasury Bills, also know as T-Bills.

Greene's stock moves came in the days leading up to Trump's 'Liberation Day' declaration on Wednesday.

'I think President Trump is extremely generous. Reciprocity is fair,' Greene told podcaster Alec Lace on Liberation Day.

As Greene apparently secured a significant portion of her funds with her T-Bills transactions, Democratic former house speaker Nancy Pelosi lost millions since Wall Street saw its worst day since the height of the COVID crash.

'Nancy Pelosi’s net worth has fallen by approximately $7 million since Tuesday, per our estimates,' Quiver, a stock market data website, co-founder Chris Kardatzke told DailyMail.com on Friday.

 

[nicko31]

Insider trading will be absolutely rampant within the Republican crime syndicate

How much has Trump cashed in on his own bitcoin so far?

 

[Brian Munich]

So these are super-low-risk investments, right? That in itself would be hard to pin down as insider trading, although if it involved her selling loads of equities to fund this investment, then it almost certainly is.

I’m certain that more explicit insider trading happened with people who knew the details of the tariffs buying large put options on the major indices. I’m also certain that they’ll get away with it.

 

[Brian Munich]

Insider trading will be absolutely rampant within the Republican crime syndicate

How much has Trump cashed in on his own bitcoin so far?

Trump himself was probably as unprepared as anyone for the stock market crash.

He will have had no concept of the damage the tariffs would do to the US economy. He’s the epitome of a simple-policies-for-simple-people type of person.

 

[SouthSaxon]

US politics has had a problem with insider trading for a while. There was a scandal at the start of COVID including Democrats and Republicans making dozens of transactions straight after a briefing…not one charge was brought.

That said, it wasn’t hard to predict what was coming here. If I were playing the stock market I would have been making moves as well, just based on media reporting.

 

[Brian Munich]

US politics has had a problem with insider trading for a while. There was a scandal at the start of COVID including Democrats and Republicans making dozens of transactions straight after a briefing…not one charge was brought.

That said, it wasn’t hard to predict what was coming here. If I were playing the stock market I would have been making moves as well, just based on media reporting.

I disagree with your second paragraph. It WAS very hard to predict given that you’re dealing with an idiot who changes his mind everyday. If it was obvious, the markets would’ve priced it in already. As it was, no one thought he’d actually go through with self-imposed economic sanctions.

I genuinely considered a short on the the S&P500 this time last week. I didn’t because of the above-mentioned unpredictability and also because I’ve never shorted a stock or index before so was unsure of my liabilities if it all went tits up.

 

[SouthSaxon]

As it was, no one thought he’d actually go through with self-imposed economic sanctions.

I’m sorry, “no one”?! He’s been advocating for widespread tariff use since the ‘80s. And April 2nd had been billed as “liberation day” for weeks. And Project 2025 has a lengthy section on using tariffs to stymie China.

Unfortunately, a lot of people want to engage in wishful thinking that he’s going to have some road to Damascus moment and change his mind. The same people are now suggesting he’ll back down in a few weeks. Those people need to pay more attention.

The other mistake they make is to assess Trump’s decision-making from the perspective of a normal rationale. As a full-blown narcissist, he’s quite happy watching the world burn if it gives him a sense of power, control and grandiosity.

 

[Lyndhurst 14]

I have a Federal Pension and a 401k (Company Pension) from when I worked in the States so am keeping a close eye on the stock market.

 

[London Irish]

Jesus MTG is a total racist bellend but the tariffs stuff has been well signalled

 

[Bodian]

And I'm sure she'll be moving her funds back into shares a day or two before Trump reverses his tariffs and the stock market rises again.....

 

[Comrade Sam]

When Trump's inner team had an emergency meeting to discuss COVID, as it loomed in the distance, it's consequences were made clear. The decision was made to do nothing, except they all rushed off and sold their shares in the travel industry.

 

[beorhthelm]

i'd be more impressed if she'd shorted the index or major stocks, maybe has in less reportable channels. buying hundreds of thousands in bonds doesn't make a lot, maybe few thousands, its amore hedge against loses.