Rep. Marjorie Taylor Greene (R-Ga.) has come under scrutiny after making a series of stock purchases just days before President Donald Trump’s 90-day tariff freeze sent global markets into a volatile tailspin.
Following Trump’s announcement on April 2 of his “Liberation Day” tariffs, which sent the market plummeting, and his subsequent decision on April 9 to pause the tariffs, Democrats and political opponents are now calling for an investigation into potential insider trading — particularly in light of Greene’s trading activity.
The controversy centers on whether Greene, who sits on the powerful House Oversight and Judiciary Committees, used her access to privileged information about pending trade policies to make lucrative stock moves before the market fluctuations.
The issue touches on concerns about Congressional accountability, ethics in government, and whether lawmakers with access to non-public information about major policies could potentially exploit it for personal financial gain.
Greene’s stock purchases are raising alarms at a time when market volatility — triggered by Trump’s tariff policy changes — has already sparked widespread discussions on the integrity of financial markets and the transparency of government actions.
On April 2, 2025, President Trump announced “reciprocal tariffs” on most U.S. trading partners in what he called an effort to assert U.S. economic dominance. The immediate market response was swift and severe. Investors reacted to the potential impact of the tariffs — particularly on sectors like technology and consumer goods — by pulling back their investments.
As a result, the stock market plummeted, with major indices like the S&P 500, Nasdaq, and Dow Jones experiencing sharp declines. On April 3, Apple Inc., one of the stocks that Marjorie Taylor Greene purchased, saw its share price fall by 8.2 percent as part of a broader market sell-off.
Two days later, on April 5, Trump announced that he would pause the tariffs for 90 days, giving countries an opportunity to negotiate trade deals. The news was met with a dramatic rally in the markets, as investors regained confidence. The S&P 500 surged, and global markets, including the Nasdaq Composite, saw a historic rebound.
However, that rally was short-lived, as global markets once again began to show signs of instability. On April 6, the Dow Jones lost over 1,000 points (a 2.5 percent drop), while the Nasdaq fell by more than 4.3 percent. The fluctuating market has fueled speculation and concern about the potential for future volatility.
Amid this uncertainty, Marjorie Taylor Greene’s stock trades raise questions about the timing and ethics of her financial moves.
Greene disclosed purchasing seven stocks on April 3 and 19 more on April 4, just days after the initial tariff announcement, according to Insiderfinance.io, a Congressional trading tracker.
The purchases, valued between $1,001 and $15,000 each, included shares in prominent companies such as Lululemon, Dell Technologies, and Apple Inc. — all of which were significantly impacted by the market downturn triggered by the tariff news.
The timing of these purchases has raised suspicions. Rep. Gregorio Casar (D-Texas) has publicly called for an investigation into potential insider trading, questioning whether Greene had access to non-public information about the upcoming tariff changes that could have given her an unfair advantage in making these stock purchases.
Casar stated on Thursday: “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.”
The crux of the concern lies in whether Greene used privileged information — likely to have been communicated through official channels or discussions about upcoming policy changes — to make informed stock purchases ahead of the broader market shifts.
While members of Congress are legally allowed to trade stocks, they are required to disclose trades of $1,000 or more under the Stop Trading on Congressional Knowledge Act (STOCK Act). The STOCK Act aims to prevent insider trading by members of Congress by mandating that they report trades within 45 days of the transaction.
However, the law only requires disclosure, not prohibition. This raises ethical questions about whether lawmakers should be able to trade based on non-public information that could influence stock prices, such as economic policies or upcoming regulations.
Greene is one of the few lawmakers to publicly disclose trades made after Trump’s tariff announcement, but the 45-day disclosure period means that other lawmakers may have also made trades without having reported them yet.
This issue of insider trading in Congress has been a recurring point of contention for years. Lawmakers often possess access to valuable information through their roles in legislative discussions, committee hearings, and policy briefings, leading to questions about whether they can use that information for personal financial gain.
The ongoing debate about insider trading in Congress has become even more fraught given the intersection of political power and corporate influence.
Elon Musk, one of the richest men in the world and a known supporter of Trump, is under increasing scrutiny for his involvement in the government’s regulatory decisions, particularly regarding tariffs and their impact on markets.
Trump’s involvement with Musk, and Musk’s history of using his financial influence to sway policy, adds another layer of complexity to the conversation. With Musk publicly supporting Trump’s policies and using his platform to promote certain actions (including economic decisions that affect Tesla Inc., Musk’s primary company), some critics argue that there is a larger pattern of political and corporate intermingling that could be contributing to ethical concerns regarding stock purchases.
While the political power of billionaires like Musk cannot be underestimated, the connection between political decision-making and market manipulation is a matter of growing concern for legal scholars, economists, and the public.
Concerns about age and health have become central to discussions surrounding both President Trump and other prominent political figures. As the oldest president in U.S. history, Biden’s physical and mental health have been a topic of speculation among voters, especially given his age (82 years old when leaving office).
Trump, while not as old as Biden, is still under scrutiny for his age — he will turn 79 this summer, and many are wondering whether his health will hold up for a second term.
If the insider trading allegations against Greene gain traction, the legal consequences could be significant. While the STOCK Act provides some protections against illicit trading by lawmakers, federal investigations into insider trading could result in civil or criminal penalties for individuals found guilty of violating securities laws.
Politically, the calls for an investigation have highlighted the growing rift between the Democratic Party and Trump’s supporters, particularly regarding issues of transparency and accountability in Washington.
For Trump and his allies, the attack on Greene is just another attempt by liberals to undermine the success of his administration and its economic policies. For Democrats, it’s a critical opportunity to demonstrate that no one, regardless of their political power or influence, is above the law.
In the long term, the questions raised by Marjorie Taylor Greene’s stock trades will likely prompt renewed calls for reforms to the STOCK Act and stronger transparency requirements for public officials.
As insider trading concerns continue to mount, it will become increasingly important to establish clear ethical guidelines for members of Congress who may be privy to policy changes and financial information that could influence stock prices.
Moreover, the increasing scrutiny on politicians’ financial interests, combined with market volatility, underscores the urgent need for a new era of accountability. Ensuring that lawmakers are held to the highest standards of ethical conduct will be crucial for the health of both democratic institutions and the economy moving forward.
Whether or not Trump and Greene’s actions result in a formal investigation or broader legislative reform, the question remains: How can we ensure that the political and corporate elite don’t exploit their power for financial gain at the expense of the public good?