Close Menu
  • Small Business Debt Management
  • Articles
  • Bankruptcy
    • Budgeting
    • Business Credit
  • Business loan
  • Business Tax
    • Debt Consolidation
    • Debt Collection
    • Debt Settlement
  • Insurance
  • Business Credit
What's Hot

Trump to sign order extending TikTok deadline another 90 days, White House says

10 Easy Ways to Recognize Your Teachers

How Veterans Can Request VA Help With Medical Bills

Facebook X (Twitter) Instagram
Debt Settle Tips – Business Finance & Debt Solutions
  • Small Business Debt Management
  • Articles
  • Bankruptcy
    • Budgeting
    • Business Credit
  • Business loan
  • Business Tax
    • Debt Consolidation
    • Debt Collection
    • Debt Settlement
  • Insurance
  • Business Credit
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Debt Settle Tips – Business Finance & Debt Solutions
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Home » Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during market meltdown
Debt Settlement

Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during market meltdown

Riley Moore | Debt AgentBy Riley Moore | Debt AgentApril 10, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Rep. Marjorie Taylor Greene, an avid supporter of the Trump administration’s trade policies, not only bought stocks last week as others dumped them in a panic — she scooped up some of the biggest losers.

Lululemon, Dell Computer, Amazon, the parent of Restoration Hardware and a few others hit hard by President Trump’s tariff threats were down 40% on average late last week when the Georgia Republican pounced.

Data from a required three-page financial holdings document doesn’t disclose exactly how much she paid for the stocks, only ranges and dates.

But however much she spent, some of her bets are working out so far, at least as of Wednesday’s close, after markets soared on Mr. Trump’s decision to pause most of his “reciprocal tariffs” on nations other than China for 90 days. Markets fell again Thursday, but remain above Wednesday morning’s levels.

RH, formerly called Restoration Hardware, is Greene’s clear winner. It jumped more than a third since Friday’s close, when she bought it after a stunning collapse in price that shook even the head of the furniture retailer.

“Oh, sh…!,” said RH CEO Gary Friedman in a conference call last week as the stock plunged.

Dell has jumped 9% since Greene bought the stock last week after it had lost more than half its value.

Lawmakers from both major parties have proposed bills banning members from stock trading because of the apparent conflict of interest in owning shares of companies they can heavily influence with positions they can take in office.

But none of the clunkily named bills — The Transparent Representation Upholding Service and Trust in Congress Act, for instance — has been passed. A new bill, The End Congressional Stock Trading Act, was proposed last month.

Greene’s office has not responded to Associated Press requests for comment.

The MAGA supporter has been outspoken in her support of Mr. Trump’s tariffs.

“Tariffs are a powerful proven source of leverage to protect our national interests,” she posted on X earlier this year, adding, “We will win this trade war.”

Hours before halting most of the tariffs Wednesday, Mr. Trump steered his supporters to the markets, writing on his Truth Social platform, “THIS IS A GREAT TIME TO BUY!!!”

Investors are not completely convinced.

After surging on Wednesday when Mr. Trump called a partial halt to the import taxes, stocks were heading down again Thursday. The S&P 500 closed down 3.5% Thursday afternoon, paring back many — but not all — of Wednesday’s gains. Restoration Hardware’s parent company, one of Greene’s picks, fell more than 10% Thursday, though the company remains above last Friday’s share price.

More from CBS News



Source link

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleSony wins distribution rights to “Wheel of Fortune,” “Jeopardy!”
Next Article Modelo owner Constellation says Trump immigration policy hitting beer sales
Riley Moore | Debt Agent
  • Website

Related Posts

Trump to sign order extending TikTok deadline another 90 days, White House says

June 17, 2025

Amazon CEO says AI agents will soon reduce company’s corporate workforce

June 17, 2025

GOP wants people up to age 64 to work for food stamps and Medicaid. Some experts say it won’t work.

June 17, 2025
Leave A Reply Cancel Reply

Latest Posts

Trump to sign order extending TikTok deadline another 90 days, White House says

10 Easy Ways to Recognize Your Teachers

How Veterans Can Request VA Help With Medical Bills

Amazon CEO says AI agents will soon reduce company’s corporate workforce

Latest Posts

10 Easy Ways to Recognize Your Teachers

June 17, 2025

EntreLeadership Summit: Dave Ramsey’s Top Leadership Event

June 12, 2025

How to Handle Difficult Conversations as an Educator

June 5, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Debt Settle Tips – your trusted resource for navigating the complex world of business finances. Our mission is to empower business owners, entrepreneurs, and individuals with the knowledge they need to make informed financial decisions.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Small Business Debt Management
  • About Us
  • Advertise with US
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 debtsettletips. Designed by debtsettletips.

Type above and press Enter to search. Press Esc to cancel.