Representative Marjorie Taylor Greene from Georgia bought a lot of stocks just before President Trump announced a big change in tariffs. She spent between $21,000 and $315,000 on stocks on April 8 and 9. She also sold between $50,000 and $100,000 in Treasury bills. Some people are wondering if President Trump’s trade decisions were meant to help his friends make money from stock trading. Ms. Greene is one of the first members of Congress to report her stock trades around that time. On April 9, President Trump said it was a great time to buy stocks. Ms. Greene bought stocks in companies like Apple, which have gone up in value since then. She also bought stocks in other technology and energy companies. It seems like Ms. Greene followed President Trump’s advice and made a lot of stock purchases on that day.
Vocabulary List:
- Representative /ˌrɛprɪˈzɛntətɪv/ (noun): A person chosen or appointed to act or speak for others.
- Tariffs /ˈtɛrɪfs/ (noun): Taxes imposed on imported goods and services.
- Treasury /ˈtrɛʒ.ər.i/ (noun): The funds or revenue of a government or a department responsible for managing these.
- Investments /ɪnˈvɛstmənts/ (noun): Assets acquired with the goal of generating income or appreciation.
- Technology /tɛkˈnɒlədʒi/ (noun): The application of scientific knowledge for practical purposes especially in industry.
- Stocks /stÉ’ks/ (noun): Shares of a company that represent a claim on its assets and earnings.
