The elected Republican Marjorie Taylor Greene, close to Donald Trump, bought tens of thousands of dollars in shares just before the spectacular reversal of the American duties on April 9 which bounced the markets, according to an official document.
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American elected officials have the right to invest in the stock market, but they must report in writing their transactions within 30 days, which Marjorie Taylor Greene did on Monday.
The member of the House of Representatives reported having bought the shares of several Tech companies on April 8 and 9, including Apple and Amazon, or the pharmaceutical giant Merck, for a total amount between 21,000 and 315,000 dollars. Elected officials are not required to declare exact sums, but only forks.
The elected Trumpist of the State of Georgia, one of the most demonstrative supporters of the American president, also sold at the same time for between 50 and 100,000 dollars of American treasury vouchers, according to the document she transmitted to the congress, initially published by the New York Times.
After having triggered a world trade war and shaken the markets, Donald Trump had written on April 9 on his Truthsocial platform, a few minutes after the opening of Wall Street, “it’s time to buy”.
A few hours later, he announced a suspension for 90 days of additional customs duties against dozens of countries, with the exception of China, causing a historic stock rebound.
Enough to fuel suspicions of initiate of the democratic opposition, which asked an investigation to the American stock market gendarme on Friday, the secure (Securities and Exchange Commission).
Six Democratic senators called the latter in a letter to “determine if customs announcements have enriched relatives and friends from the administration at the expense of the American public”.
The American financial market regulatory authority, of which President Paul Atkins was appointed in December by Donald Trump, is not forced to respond favorably to this request for an investigation.
The White House said that the president’s message only aimed to “calm” the public, and that he was responsible for “reassuring the markets and the Americans about their economic security”.
