Representative Marjorie Taylor Greene, a Georgia Republican, pushed back on Sunday against a report that said her personal wealth has skyrocketed since she entered Congress, calling the claims “outright slander and lies.”
In an X post, the congresswoman owed her wealth to her family’s construction business and private investment, and said her net worth today, valued at $22.51 million per public records, has nothing to do with her government role since 2021, which comes with a salary of $174,000.
She was responding to an article by financial news outlet Benzinga published on June 8, titled: “Rep. Marjorie Taylor Greene’s Net Worth Jumped $21 Million Since Joining Congress—Top 6 Stocks She Was Buying Amid Tariff Chaos.”
Newsweek has contacted Greene for comment via email.
Why It Matters
Since April, some Democrats and Republicans have called for an insider trading investigation into Greene, alleging she purchased stocks just before investors began panic-selling amid tariff uncertainty.
While members of Congress are permitted to buy and sell stocks, their knowledge of political developments has often raised concerns about the possibility of insider trading.
The criticism focuses on trades made shortly before President Donald Trump‘s unexpected April announcement of a 90-day pause on most tariffs, a move that triggered a market rebound and produced sizeable gains in some of the stocks she acquired.
What To Know
Greene wrote in her Sunday X post that she had “owned my family’s construction business for well over two decades” and made “all of my net worth BEFORE I became a Member of Congress in 2021.” She said her publicly disclosed portfolio is managed by a financial adviser under a fiduciary contract and insisted her “hard earned 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 am FIGHTING to ensure that my children’s generation is able to do exactly what I have done!!!”
Benzinga’s June report stated that Greene’s net worth rose from about $700,000 before taking office in 2021 to roughly $22 million today, citing public financial disclosures. The outlet also reported that she bought several high-profile stocks in early April, shortly before Trump announced the 90-day pause on certain tariffs—a move that prompted a market rally.
According to required disclosures cited by Benzinga, Greene purchased stocks worth roughly $21,000 to $315,000 on April 8 and April 9, as well as selling between $50,000 and $100,000 in Treasury bills during that period. The reported trades included stocks of Tesla, Nvidia, Palantir, Amazon, Apple, and Nike, which have made generous gains since she purchased them.
Greene, member of the House Committee on Homeland Security, purchased shares in Palantir Technologies three days before U.S. Immigration and Customs Enforcement (ICE) granted the company a $30 million contract in April. Data from the research platform Quiver Quantitative on August 8 showed the stock increased in value by 142 percent since.
Lawmakers are allowed to buy and sell stocks and are required by the Stop Trading on Congressional Knowledge Act to publicly disclose any stock trades valued over $1,000 within 45 days of the transaction.
What People Are Saying
Representative Marjorie Taylor Greene wrote on X on Sunday: “I’m fed up with the outright slander and lies about me because I’m UNAPOLOGETICALLY AMERICA FIRST and I am demanding AIPAC register as a foreign lobbyist and I refuse to vote for U.S. taxpayers hard earned money fund foreign aid and foreign wars. I’ve owned my family’s construction business for well over two decades and made all of my net worth BEFORE I became a Member of Congress in 2021 and all of my Public financial disclosures show this.”
She added: “My publicly disclosed portfolio is diversely invested through a financial manager whom I’ve signed a fiduciary contract with. My hard earned wealth, that I am thankful and proud of HAS NOT in any way come from politics!!! As a matter of fact I made a hell of a lot more money and my life was WAY EASIER before I entered public life. I am so proud of my company’s success and hard work and there is not anyone who can shame me for being a successful business owner because thankfully I’ve lived the American dream!!!”
The congresswoman concluded: “You can go to hell. I am FIGHTING to ensure that my children’s generation is able to do exactly what I have done!!! I’m fighting to preserve the AMERICAN DREAM!!!”
Representative Mike Lawler, a New York Republican, wrote on X 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 Happens Next?
Whether members of Congress should be allowed to trade stocks remains a contentious issue that is likely to fuel ongoing debate on Capitol Hill.
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