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
Bill and Hillary Clinton’s Stance on Epstein Testimony Oct. 6
t, gerrymandering, and emocratic areas to vote.
) two Senate seats, thanks to e victory was enough to save Senator John McCain’s deci- ope for 2020. I was especially in South Florida over a GOP of good work as president of rt campaign.
as Vegas to see former Senate 1o was battling cancer but still to fight on as long as he had lid two long sessions with the out Hillary. It was both exhila- out her and painful because I nd the problems as well as the Hillary was streamed on Hulu g her life and work. But it hurt ney wished America had seen She was there all the time, but view of them is blocked by
a film on the late King Hussein esperately ill with cancer, came lenge the Palestinians to make also weighed in, diplomatically, ying in a press conference that with nine U.S. presidents and as much for peace as I had, and ish the job. With his life ebbing him. Soon I would be marching 1. He was a brave, good man, and d by his son Abdullah, who along Palestinian by birth, have contin- peace and fairness in the Middle in CGI, and have been uncom- Hillary and me.
Page 373, Citizen, by William Jefferson Clinton (2024)
2017-2020: Back to the Foundation
373
Throughout 2018 and 2019, the Miami Herald had been pub- lishing stories about the financier Jeffrey Epstein, who in 2008 had been convicted and jailed in Florida for sex crimes. In part because of that rigorous journalism, Epstein was arrested again in 2019 for those and other crimes, this time by federal authori- ties in New York. The Herald stories and his rearrest raised questions about several well-known people’s connection to him, including me. They deserved answers and I gave them. In 2002 and 2003, he invited me to fly on his airplane to support the work of the foundation, and in return for flying me, my staff, and my Secret Service detail who always accompanied me, Epstein asked only that I take an hour or two on each trip to discuss politics and economics. He had just donated $10 million to Har- vard for brain research and he asked a lot of questions. That was the extent of our conversations. My only other interactions with Epstein were two brief meetings, one at my office in Harlem and another at his house in New York.
I had always thought Epstein was odd but had no inkling of the crimes he was committing. He hurt a lot of people, but I knew nothing about it and by the time he was first arrested in 2005, I had stopped contact with him. I’ve never visited his island. When it was suggested that I traveled there without my round- the-clock Secret Service detail, which would explain why there’s never been a record of me being there, in 2016 the Service took the extraordinary step of saying I had never waived protection and they had never been there. Another person reportedly said she’d seen me on the island, but that I didn’t do anything wrong. However, in early 2024, unsealed depositions showed that she’d only heard I was there but didn’t actually see me. Then there was one of my former staffers who fed the story to Vanity Fair. He knew it wasn’t true when he said it.
The bottom line is, even though it allowed me to visit the work of my foundation, traveling on Epstein’s plane was not worth the years of questioning afterward. I wish I had never met him.
In May, I went to the University of Virginia, founded by Thomas Jefferson, to address a symposium on the presidency. I worked
11/2024
Politics
Small Business Administration unveils new initiative to roll back federal regulations
NEWYou can now listen to Fox News articles!
FIRST ON FOX: Seeking to tackle persistent cost pressures on American families and small firms, the Small Business Administration (SBA) is unveiling a new initiative that will review and roll back federal rules the administration says have driven up prices in sectors ranging from housing to food production.
The Deregulation Strike Force, led by the SBA’s Office of Advocacy, will coordinate a government-wide review aimed at identifying regulations that hinder economic growth.
FROM MORTGAGES TO CAR LOANS: AFFORDABILITY RISES AND FALLS WITH THE FED
SBA Administrator Kelly Loeffler will oversee the new initiative aimed at cutting regulations in order to relieve prices. (Kent Nishimura/Bloomberg via Getty Images)
Trump administration officials say the effort is intended to eliminate what they describe as excessive Biden-era regulations that have imposed an estimated $6 trillion in cumulative compliance costs on American families and small businesses.
“Bidenomics brought historic new highs in inflation that crushed working families and small businesses, driven in part by the massive bureaucracy that heaped trillions in new federal regulations onto the backs of hardworking Americans,” SBA Administrator Kelly Loeffler wrote in a statement.
TRUMP INSISTS PRICES ARE ‘COMING DOWN,’ BLAMES BIDEN — BUT VOTERS SAY THEY’RE STILL GETTING SQUEEZED
“Through our Deregulation Strike Force, SBA is leveraging its unique authority to deregulate across the federal government and cut senseless red tape that drove up costs for small businesses and consumers, especially in industries hit hardest by Bidenflation,” Loeffler said, adding that the initiative will build on President Trump’s push to reduce costs across the country.
A customer holds a shopping basket at a grocery store. (Brent Lewin/Bloomberg via Getty Images)
Citing what it describes as four years of excessive regulatory overreach, the SBA said its strike force will target cuts across key small-business sectors, including housing and construction, healthcare, agriculture and food production, energy and utilities, transportation and other goods and services across the supply chain.
They also argue the latest deregulation campaign reinforces President Donald Trump’s economic message heading into the new year, positioning regulatory relief as a central tool for tackling high prices.
President Donald Trump speaks on inflation at Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S., on Tuesday, Dec. 9, 2025. (Adam Gray/Bloomberg/Getty Images)
The SBA said it has already played a key role in eliminating an estimated $98.9 billion in federal regulations since Trump’s return to office.
Some of these actions include changes to reporting rules, energy-efficiency standards and diesel exhaust fluid requirements, which the agency says have contributed to nearly $200 billion in total regulatory savings.
Politics
California’s role in shaping the fate of the Democratic Party and combating Trump on full display
California’s potential to lead a national Democratic comeback was on full display as party leaders from across the country recently gathered in downtown Los Angeles.
But is the party ready to bet on the Golden State?
Appearances at the Democratic National Committee meeting by the state’s most prominent Democrats, former Vice President Kamala Harris and Gov. Gavin Newsom, crystallized the peril and promise of California’s appeal. Harris failed to beat a politically wounded Donald Trump in the 2024 presidential race and Newsom, now among President Trump’s most celebrated critics, is considered a top Democratic contender to replace the Republican president in the White House in 2028.
California policies on divisive issues such as providing expanded access to government-sponsored healthcare, aiding undocumented immigrants and supporting LGBTQ+ rights continually serve as a Rorschach test for the nation’s polarized electorate, providing comfort to progressives and ammunition for Republican attack ads.
“California is like your cool cousin that comes for the holidays who is intriguing and glamorous, but who might not fit in with the family year-round,” said Elizabeth Ashford, a veteran Democratic strategist who worked for former Govs. Jerry Brown and Arnold Schwarzenegger and Harris when she was the state’s attorney general.
Newsom, in particular, is quick to boast about California being home to the world’s fourth-largest economy, a billion-dollar agricultural industry and economic and cultural powerhouses in Hollywood and the Silicon Valley. Critics, Trump chief among them, paint the state as a dystopian hellhole — littered with homeless encampments and lawlessness, and plagued by high taxes and an even higher cost of living.
Only two Californians have been elected president, Republicans Ronald Reagan and Richard Nixon. But that was generations ago, and Harris and Newsom are considering bids to end the decades-long drought in 2028. Both seized the moment by courting party leaders and activists during the three-day winter meeting of the Democratic National Committee that ended Saturday.
Harris, speaking to committee members and guests Friday, said the party’s victories in state elections across the nation in November reflect voters’ agitation about the impacts of Trump’s policies, notably affordability and healthcare costs. But she argued that “both parties have failed to hold the public’s trust.”
“So as we plan for what comes after this administration, we cannot afford to be nostalgic for what was, in fact, a flawed status quo, and a system that failed so many of you,” said Harris, who was criticized after her presidential campaign for not focusing enough on kitchen table issues, including the increasing financial strains faced by Americans.
While Harris, who ruled out running for governor earlier this year, did not address whether she would make another bid for the White House in 2028, she argued that the party needed to be introspective about its future.
“We need to answer the question, what comes next for our party and our democracy, and in so doing, we must be honest that for so many, the American dream has become more of a myth than a reality,” she said.
Many of the party leaders who spoke at the gathering focused on California’s possible role in determining control of Congress after voters in November approved Proposition 50, a rare mid-decade redrawing of congressional districts in an effort to boost the number of Democrats in the state’s congressional delegation in the 2026 election.
Los Angeles Mayor Karen Bass rallied the crowd by reminding them that Democrats took back the U.S. House of Representatives during Trump’s first term and predicted the state would be critical in next year’s midterm elections.
Mayor Karen Bass speaks at the Democratic National Committee Winter Meeting at the InterContinental Hotel in downtown Los Angeles on Friday.
(Genaro Molina/Los Angeles Times)
Newsom, who championed Proposition 50, basked in that victory when he strode through the hotel’s corridors at the DNC meeting the day before, stopping every few feet to talk to committee members, shake their hands and take selfies.
“There’s just a sense of optimism here,” Newsom said.
Democratic candidates in New Jersey and Virginia also won races by a significant margin last month which, party leaders say, were all telltale signs of growing voter dissatisfaction with Trump and Washington’s Republican leadership.
“The party, more broadly, got their sea legs back, and they’re winning,” Newsom said. “And winning solves a lot of problems.”
Louisiana committee member Katie Darling teared up as she watched fellow Democrats flock to Newsom.
“He really is trying to bring people together during a very difficult time,” said Darling, who grew up in Sacramento in a Republican household. “He gets a lot of pushback for talking to and working with Republicans, but when he does that, I see him talking to my mom and dad who I love, who I vehemently disagree with politically. … I do think that we need to talk to each other to move the country forward.”
Gov. Gavin Newsom speaks as his wife Jennifer Siebel Newsom looks on during an election night gathering at the California Democratic Party headquarters on November 04, 2025 in Sacramento.
(Justin Sullivan / Getty Images)
Darling said she listens to Newsom’s podcast, where his choice of guests, including the late Charlie Kirk, and his comments on the show that transgender athletes taking part in women’s sports is “deeply unfair” have drawn outrage from some on the left.
Illinois Gov. J.B. Pritzker, another potential 2028 presidential candidate whose family has historically supported Newsom, was also reportedly on site Thursday, holding closed-door meetings. And former Transportation secretary Pete Buttigieg, also a possible White House contender, was in Los Angeles on Thursday, appearing on Jimmy Kimmel’s late-night show and holding meetings.
Corrin Rankin, chair of the California Republican Party, cast the DNC meetings in L.A. as “anti-Trump sessions” and pointed to the homeless encampments on Skid Row, just blocks from where committee members gathered.
“We need accountability and solutions that actually get people off the streets, make communities safer and life more affordable,” Rankin said.
Elected officials from across the nation are drawn to California because of its wellspring of wealthy political donors. The state was the largest source of contributions to the campaign committees of Trump and Harris during the 2024 presidential contest, contributing nearly a quarter of a billion dollars, according to the nonpartisan, nonprofit organization Open Secrets, which tracks electoral finances.
While the DNC gathering focused mostly on mundane internal business, the gathering of party leaders attracted liberal groups seeking to raise money and draw attention to their causes.
Actor Jane Fonda and comedian Nikki Glaser headlined an event aimed at increasing the minimum wage at the Three Clubs cocktail bar in Hollywood. California already has among the highest minimum wages in the nation; one of the organizers of the event is campaigning to increase the rate to $30 per hour in some California counties.
“The affordability crisis is pushing millions of Americans to the edge, and no democracy can survive when people who work full time cannot afford basic necessities,” Fonda said prior to the event. “Raising wages is one of the most powerful ways to give families stability and hope.”
But California’s liberal policies have been viewed as a liability for Democrats elsewhere, where issues such as transgender rights and providing healthcare for undocumented immigrants have not been warmly received by some blue-collar workers who once formed the party’s base.
Trump capitalized on that disconnect in the closing months of the 2024 presidential contest, when his campaign aired ads that highlighted Harris’ support of transgender rights, including taxpayer-funded gender-affirming surgery for inmates.
“Kamala is for they/them, President Trump is for you,” the commercial stated. The ad aired more than 30,000 times in swing states in the fall, notably during football games and NASCAR races.
“Kamala had 99 problems. California wasn’t one of them,” said John Podesta, a veteran Democratic strategist who served a senior advisor to former President Biden, counselor to former President Obama and White House chief of staff for former President Clinton.
He disputed the argument that California, whether through its policies or candidates, will impact Democrats’ chances, arguing there’s a broader disconnect between the party and its voters.
“This sense that Democrats lost touch with the middle class and the poor in favor of the cultural elite is a real problem,” said Podesta. “My shorthand is, we used to be the party of the factory floor, and now we’re the party of the faculty lounge. That’s not a California problem. It’s an elitist problem.”
While Podesta isn’t backing anyone yet in the 2028 presidential contest, he praised Newsom for his efforts to not only buck Trump but the “leftist extremists” in the Democratic party.
The narrative of Californians being out of touch with many Americans has been exacerbated this year during the state’s battles with the Trump administration over immigration, climate change, water and artificial intelligence policy. But Newsom and committee members argued that the state has been at the vanguard of where the nation will eventually head.
“I am very proud of California. It’s a state that’s not just about growth, it’s about inclusion,” the governor said, before ticking off a list of California initiatives, including low-priced insulin and higher minimum wages. “So much of the policy that’s coming out of the state of California promotes not just promise, but policy direction that I think is really important for the party.”
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