Friday, May 30, 2025

Latest

Is Insider Trading Still Running Wild In The White House?

In the wake of newly revealed trades by Rep. Marjorie Taylor Greene, fresh allegations have emerged that puts insider trading in Washington once again in the spotlight.

Greene, who previously owned a commercial construction company and once ran a CrossFit gym, has faced scrutiny for her recent stock purchases in companies including Apple, Amazon, Dell, and Nike. The trades, first reported on April 7, coincide with a “surprise announcement” by the Trump administration that granted tariff exclusions for certain semiconductors, computers, telecommunications equipment, and photolithography gear.

One trader noted the sudden spike in bullish options on the SPDR S&P 500 ETF the day before the announcement.

“I’m sure it’s all just a coincidence and one of Trump’s kids or proxies didn’t just commit felony insider trading,” the commentator wrote.

Another similarly questioned the ethics involved, stating, “Surely just a coincidence and lucky timing. I mean SEC is fully loaded with people looking at this right.”

The precise amounts of each purchase have not been confirmed but filings indicate they are within the range of $1,000-$15,000, with market data indicating that these shares saw immediate gains following the announcement.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Trump Administration Shuts Down Voice of America Operations, Cuts Funding to US Media Outlets

President Donald Trump has effectively shut down Voice of America (VOA), placing more than 1,300...

Monday, March 17, 2025, 10:03:00 AM

Canada and European Allies Caution Citizens About US Border Crackdown

Canada updated its travel advisory for the United States on Friday, warning citizens they must...

Monday, March 24, 2025, 03:45:00 PM

No One Wants to Read Marjorie Taylor-Greene’s Memoir

These days, celebrities, politicians, and those who love to pretend they’re somewhere in between, are...

Wednesday, November 29, 2023, 02:16:00 PM

US Job Cut Announcements More Than Double, Reaching Recession-Era Levels

US employers announced 172,017 job cuts in February, a 103% surge from the same period...

Friday, March 7, 2025, 09:59:34 AM

European Banks Worry About US Dollar Support Under Trump

European central bankers are quietly asking a question they never thought they’d need to consider:...

Tuesday, March 25, 2025, 02:52:00 PM