Politics
Marjorie Taylor Greene Bought Market Dip Before Trump Paused Tariffs, Profiting From the Rally
Representative Marjorie Taylor Greene, Republican of Georgia, disclosed on Monday that she had purchased between tens and hundreds of thousands of dollars worth of stock on April 8 and 9, the day before and the day of President Trump’s announcement that he was pausing a sweeping set of global tariffs, a pivot that sent the stock market soaring out of a sizable slump.
Ms. Greene bought between about $21,000 and $315,000 in stocks on those days. The day before Mr. Trump’s move, she also dumped between $50,000 and $100,000 in Treasury bills, according to required public disclosures made to the House.
The report came as Democrats in Congress have demanded investigations of whether the president’s whipsawing moves on trade might have been aimed at manipulating the market and giving his allies a lucrative opportunity for insider trading.
Members of Congress are required to report their stock trades within 30 days of making them, though they only have to mark down broad ranges rather than specific dollar amounts. Ms. Greene’s April 8 and 9 trades — 21 each in the range of $1,001 to $15,000 — are some of the first among members of Congress that will be reported over the coming month as lawmakers detail their financial moves around the time the president encouraged people to buy the dip ahead of his pause on tariffs.
“THIS IS A GREAT TIME TO BUY!!!” Mr. Trump wrote on social media the morning of April 9. About four hours later, he said he was pausing most tariffs on every country except China, an announcement that resulted in massive one-day gains in stocks.
Ms. Greene, one of Mr. Trump’s most loyal allies in the House and an active stock trader, appeared to heed the advice, making an unusually large volume of stock purchases. That day, she bought stock in several companies, including Apple, which has since gone up in value by about 5 percent. She also bought stock in other technology companies, as well as energy firms such as Devon Energy Corporation and the pharmaceutical giant Merck & Company, according to her public disclosures.
The day before, she purchased stock in Palantir, whose value has since gone up 19 percent, and in Advanced Micro Devices, Inc., whose stock has since risen 21 percent. She also sold the Treasury bills as government bond yields were rising amid the tariff chaos, (Ms. Greene had previously purchased up to $500,000 in Treasuries before April 2, when Mr. Trump announced his most expansive tariffs to date.)
Ms. Greene, who is the chairwoman of the DOGE subcommittee of the House Oversight Committee, did not respond to a request for comment. When her stock trades were examined in the past, she told The Atlanta-Journal Constitution that she relies on a financial adviser to trade on her behalf and does not have input on which companies are being traded, or when.
Lawmakers in both parties have long championed legislation to ban individual stock trading by members of Congress as a way to appeal to growing populist sentiment among constituents.
The tumult in the stock market caused by Mr. Trump’s erratic moves on tariffs has led Democrats to question who is gaining financially because of it. Ms. Greene is not alone in appearing to have capitalized on the market volatility.
Representative Rob Bresnahan, a Pennsylvania Republican who has emerged as one of the most active stock traders in the freshman class despite saying during his campaign that he wanted to ban congressional stock trading, also appears to have profited from Mr. Trump’s tariffs.
Mr. Bresnahan sold up to $50,000 in Alibaba stock on March 4, the same day Mr. Trump doubled the tariff on Chinese imports to 20 percent. Alibaba is an e-commerce giant with close ties to the Chinese Communist Party. The stock price rose by about 30 percent between Mr. Bresnahan’s initial purchase and his final sale.
A spokeswoman for Mr. Bresnahan said that he relies on a financial adviser to trade stocks for him, and never knows about the trades before they happen or when they occur. The Alibaba trade, she said, was part of a larger strategic stock package. When it was reported in his disclosure, Mr. Bresnahan’s team put in guardrails so that he would not be able to trade that stock again.
While there has been no evidence of insider trading, Democrats have zeroed in on the potential for malfeasance as a way to attack Mr. Trump’s tariff moves and suggest that he and his friends are exploiting decisions that have hurt ordinary people.
“It is unconscionable that as American families are concerned about their financial security during this economic crisis entirely manufactured by the president, insiders may have actively profited from the market volatility and potentially perpetrated financial fraud on the American public,” a group of Democrats led by Senators Adam Schiff of California and Ruben Gallego of Arizona wrote in a letter last week to Paul Atkins, the chairman of the Securities and Exchange Commission.
In the letter, they demanded that Mr. Atkins open an investigation to determine whether Mr. Trump or any “insiders” had engaged in insider trading or other securities law violations.
Separately, Representative Alexandria Ocasio-Cortez, Democrat of New York, wrote in a fund-raising appeal on April 11 that “any member of Congress who purchased stocks in the last 48 hours should probably disclose that now,” after Nasdaq call volume spiked ahead of Mr. Trump’s announcement. Ms. Ocasio-Cortez has been a longtime proponent of legislation to ban stock trading for members of Congress.
Politics
Republican House leader signals plan to begin contempt proceedings against Bill and Hillary Clinton
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GOP House Oversight Committee Chairman James Comer said he plans to commence contempt of Congress proceedings against Bill and Hillary Clinton for ignoring the committee’s subpoenas related to its ongoing probe into the Jeffrey Epstein scandal.
In July, a bipartisan House Oversight Subcommittee approved motions to subpoena Bill and Hillary Clinton and a slew of other high-profile political figures to aid its investigation looking into how the federal government handled Epstein’s sex trafficking case.
The subpoenas were then sent out in early August, and the Clinton’s were scheduled to testify Dec. 17-18.
“It has been more than four months since Bill and Hillary Clinton were subpoenaed to sit for depositions related to our investigation into Jeffrey Epstein and Ghislaine Maxwell’s horrific crimes. Throughout that time, the former president and former secretary of state have delayed, obstructed, and largely ignored the committee staff’s efforts to schedule their testimony,” Comer said in a press release issued Friday evening.
DOJ CLEARED TO RELEASE SECRET JEFFREY EPSTEIN CASE GRAND JURY MATERIALS
Former Secretary of State Hillary Clinton and her husband, former U.S. President Bill Clinton. (Justin Sullivan/Getty Images)
“If the Clintons fail to appear for their depositions next week or schedule a date for early January, the Oversight Committee will begin contempt of Congress proceedings to hold them accountable.”
Comer’s threats come as Democrats from the House Oversight Committee released a new batch of photos obtained from Epstein’s estate, which included further images of the disgraced financier with powerful figures like President Donald Trump and former President Bill Clinton. Thousands of images were reportedly released, with potentially more to come.
Other high-profile figures subpoenaed by the Oversight Committee include James Comey, Loretta Lynch, Eric Holder, Merrick Garland, Robert Mueller, William Barr, Jeff Sessions and Alberto Gonzales.
FEDERAL JUDGE APPROVES RELEASING GHISLAINE MAXWELL CASE GRAND JURY MATERIAL
House Oversight Committee Chairman James Comer and Jeffrey Epstein. (Tom Williams/CQ-Roll Call, Inc via Getty Images; Neil Rasmus/Patrick McMullan via Getty Images)
In addition to testimony from these individuals, Comer and the Oversight Committee issued subpoenas to the Department of Justice (DOJ) for all documents and communications pertaining to the case against Epstein.
In September, the committee released tens of thousands of pages of Epstein-related records in compliance with the subpoena, and the Oversight Committee indicated the DOJ would continue producing even more records as it works through needed redactions and other measures that must occur before they are released.
U.S. Attorney General Pam Bondi, Jeffrey Epstein and President Donald Trump. (Getty Images)
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Politics
Kristi Noem grilled over L.A. Purple Heart Army vet who self-deported
The saga of a Los Angeles Army veteran who legally immigrated to the United States, was wounded in combat and self-deported to South Korea earlier this year, became a flashpoint during a testy congressional hearing about the Trump administration’s immigration policy.
Homeland Security Secretary Kristi Noem was grilled Thursday on Capitol Hill about military veterans deported during the immigration crackdown launched earlier this year, including in Los Angeles.
“Sir, we have not deported U.S. citizens or military veterans,” Noem responded when questioned by Rep. Seth Magaziner (D-R.I.).
Rep. Seth Magaziner (D-R.I.) speaks during a hearing of the House Committee on Homeland Security on Thursday. He was joined on a video call by Sae Joon Park, a U.S. military veteran who self-deported to South Korea.
(Mark Schiefelbein / Associated Press)
An aide then held up a tablet showing a Zoom connection with Purple Heart recipient Sae Joon Park in South Korea. The congressman argued that Park had “sacrificed more for this country than most people ever have” and asked Noem if she would investigate Park’s case, given her discretion as a Cabinet member. Noem pledged to “absolutely look at his case.”
Park, reached in Seoul on Thursday night, said he was skeptical that Noem would follow through on her promise, but said that he had “goosebumps” watching the congressional hearing.
“It was amazing. And then I’m getting tons of phone calls from all my friends back home and everywhere else. I’m so very grateful for everything that happened today,” Park, 56, said, noting that friends told him that a clip of his story appeared on ABC’s “Jimmy Kimmel Live!” show Thursday night.
The late-night host featured footage of Park’s moment in the congressional hearing in his opening monologue.
“Is anyone OK with this? Seriously, all kidding aside, we deported a veteran with a Purple Heart?” Kimmel said, adding that Republicans “claim to care so much about veterans, but they don’t at all.”
Park legally immigrated to the United States when he was 7, grew up in Koreatown and the San Fernando Valley, and joined the Army after graduating from Notre Dame High School in Sherman Oaks in 1988.
Sae Joon Park received a Purple Heart while serving in the Army.
(From Sae Joon Park)
The green card holder was deployed to Panama in 1989 as the U.S. tried to depose the nation’s de facto leader, Gen. Manuel Noriega. Park was shot twice and honorably discharged. Suffering post-traumatic stress disorder, he self-medicated with illicit drugs, went to prison after jumping bail on drug possession charges, became sober and raised two children in Hawaii.
Earlier this year, when Park checked in for his annual meeting with federal officials to verify his sobriety and employment, he was given the option of being immediately detained and deported, or wearing an ankle monitor for three weeks as he got his affairs in order before leaving the country for a decade.
At the time, Department of Homeland Security Assistant Secretary Tricia McLaughlin said Park had an “extensive criminal history” and had been given a final removal order, with the option to self-deport.
Park chose to leave the country voluntarily. He initially struggled to acclimate in a nation he hasn’t lived in since he was a child, but said Thursday night that his mental state — and his Korean-language skills — have improved.
“It hasn’t been easy. Of course, I miss home like crazy,” he said. “I’m doing the best I can. I’m usually a very positive person, so I feel like everything happens for a reason, and I’m just trying to hang in there until hopefully I make it back home.”
Among Park’s top concerns when he left the United States in June was that his mother, who is 86 and struggling with dementia, would die while he couldn’t return to the county. But her lack of awareness about his situation has been somewhat of a strange blessing, Park said.
“She really doesn’t know I’m even here. So every time I talk to her, she’s like, ‘Oh, where are you?’ And I tell her, and she’s like, ‘Oh, when are you coming home? Oh, why are you there?’” Park said. “In a weird way, it’s kind of good because she doesn’t have to worry about me all the time. But at the same time, I would love to be next to her while she’s going through this.”
Politics
Video: Trump Signs A.I. Executive Order
new video loaded: Trump Signs A.I. Executive Order
transcript
transcript
Trump Signs A.I. Executive Order
Trump signed an executive order on Thursday that would limit individual states in regulating the artificial intelligence industry.
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“It’s a big part of the economy. There’s only going to be one winner here, and that’s probably going to be the U.S. or China. You have to have a central source of approval. When they need approvals on things, they have to come to one source. They can’t go to California, New York.” “We’re not going to push back on all of them. For example, kids’ safety — we’re going to protect. We’re not pushing back on that. But we’re going to push back on the most onerous examples of state regulations.”
By Shawn Paik
December 11, 2025
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