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.
