Marjorie Taylor Pelosi? The MAGA Firebrand Is Up 142% on a Stock She Bought in April

 
Greene

(Tom Williams/CQ Roll Call via AP Images)

Rep. Marjorie Taylor Greene (R-GA) may not have much in common with Rep. Nancy Pelosi (D-CA), but both sure know how to make a buck in the stock market.

As Snopes had previously confirmed, Greene bought shares of Palantir stock just days before Immigration and Customs Enforcement (ICE) awarded the company a $30 million contract. At the time, Greene defended herself by claiming that her financial adviser was in control of her portfolio and that she herself didn’t know about the trades until they were reported on.

Notably, Greene is a member of the House Homeland Security Committee, which oversees ICE.

Quiver Quantitative, which tracks and reports on politicians’ stock market travails, noted that as of Friday morning, Palantir’s stock was up 142% from where it sat on April 8.

Greene bought more Palantir stock on July 15, which she has also made a significant profit from.

According to financial news outlet Benzinga, Greene’s portfolio put up the 23rd best performance among members of Congress last year, bringing back a return of 30.2% on stock transactions.

Greene has called criticism of her success “laughable” while crediting her financial adviser for it.

“He did a great job. Guess what he did. He bought the dip. And that’s what anybody that has financial sense does,” declared Greene after several trades were made after Greene’s ally, President Donald Trump, announced his administration would be implementing tariffs on imports from most countries around the world.

Pelosi, the former speaker of the House, has long been ridiculed for the incredible performance of her portfolio, which she says is managed by her husband. Pelosi recently came out in favor of Sen. Josh Hawley’s (R-MO) bill to ban members of Congress from trading stocks.

On Wednesday afternoon, Quiver Quantitative reported that Pelosi was up $3 million on the day alone.

Tags: