Georgia Republican Representative Marjorie Taylor Greene has strongly denied a report claiming her wealth has skyrocketed since she entered Congress. On Sunday, she called the claims “outright slander and lies.”
In a post on X, Greene said her money comes from her family’s construction business and private investments, not from her role in Congress. Public records value her net worth at about $22.5 million. She earns $174,000 a year as a member of Congress, a job she started in 2021.
She was responding to a June 8 article from Benzinga titled: “Rep. Marjorie Taylor Greene’s Net Worth Jumped $21 Million Since Joining Congress—Top 6 Stocks She Was Buying Amid Tariff Chaos.”
Why This Matters
Since April, both Democrats and Republicans have called for an insider trading investigation into Greene. Critics say she may have bought stocks just before the market reacted to tariff news, giving her an advantage.
While lawmakers are allowed to buy and sell stocks, their access to insider political information often raises questions about fairness.
The criticism comes after Greene made trades days before President Donald Trump announced a 90-day pause on most tariffs. That surprise move helped the market rebound, increasing the value of some of the stocks she bought.
What Greene Says
Greene wrote that she had run her family’s construction company for more than 20 years and earned all of her money before she joined Congress. She said her investments are handled by a financial adviser and that her wealth “has not in any way come from politics.”
“I am so proud of my company’s success and hard work… You can go to hell,” she wrote. “I’m fighting to make sure my children’s generation can do exactly what I’ve done.”
Details from the Report
Benzinga’s report said Greene’s wealth grew from about $700,000 before 2021 to $22 million today. It also said she bought several major stocks—Tesla, Nvidia, Palantir, Amazon, Apple, and Nike—in early April, right before the tariff pause announcement.
Records show she bought between $21,000 and $315,000 worth of stocks on April 8–9 and sold $50,000 to $100,000 in Treasury bills.
Greene also bought Palantir shares three days before U.S. Immigration and Customs Enforcement gave the company a $30 million contract. Since then, Palantir’s stock has gone up 142 percent.
What Others Are Saying
Rep. Mike Lawler, a Republican from New York, said in May: “Just another reason why stock trading by members of Congress or their spouses should be banned. The appearance of impropriety, or worse, is too great.”
What’s Next?
The question of whether members of Congress should be allowed to trade stocks remains controversial, and the debate is expected to continue.
