Posted on 04/15/2025 9:28:22 AM PDT by RandFan
House Minority Leader Hakeem Jeffries (D-N.Y.) on Monday backed a stock trading ban for sitting members of Congress, after ripping Rep. Marjorie Taylor Greene (R-Ga.) for reportedly profiting off market fluctuations during President Trump’s tariff roller-coaster.
The New York Times reported Monday that Greene disclosed thousands of dollars worth of stock trades on April 8 and April 9, worth between $21,000 to $315,000. The outlet also said the Georgia Republican let go of Treasury bills valued from $50,000 to $100,000.
MSNBC’s Jen Psaki asked Jeffries about the report during an interview Monday night, noting the trades were made “two days before Trump announced he was pausing the sweeping global tariffs, notably stocks that were initially hit the hardest.”
“That doesn’t sound like a coincidence to me, but what do you think of that? And … what can happen to look into that?” she asked.
“So many of these people are crooks, liars and frauds. And Marjorie Taylor Greene is, of course, exhibit A. We are seeing corruption unfold before us in real time,” Jeffries responded.
(Excerpt) Read more at thehill.com ...
I hope Margie has a shoebox full of Pelosi trade records after getting this great set-up...
pelosi is going to have a talk with lil jeffy
Good - this might be the one thing that I ever agree on with Hakeem Jeffries. End all stock trading by members of Congress - their assets should go into a blind trust when they take office. These people with $170k salaries amass multi-million dollar fortunes while in office.
Buying on a dip is not insider trading. Anybody can do it.
I personally can’t stand the fact that our elected representatives do not have to abide by the same laws they pass for us peons...
I don’t care what party you represent either...
It’s us versus them..
Not lib versus conservative..
Not even democommie versus republiCAN’T..
But us peons versus the ruling class
Three words, Hakeem:
Hillary, cattle futures.
Go ahead, tell us about her.
No, I guess not.
I bought on the dip too. wtf?
Democrats are hypocrites, but Congress does need to be banned from single stock purchases. They are privy to discussions on legislation that will impact the markets. Pelosi took advantage of this for decades.
I think it should be banned for all Congressional and staff members. Pelosi has done other things, too. She fought tooth and nail to exclude American Samoa from minimum wage laws. Why? Because her husband has a major interest in a tuna fish packing plant there. Indeed, there is nothing in Pelosi’s background that would elevate her to Speaker of the House...except he husband’s underworld connections probably has a little Black Book with dirt on every member of Congress.
MTG didn’t insider trade. The dip was apparent on every chart, and a rudimentary knowledge of chart analysis is enough to show that a stock has bottomed out, and the fundamentals will tell you about earnings and the earnings to equity ratio, and lead any investor to realize that it’s time to buy a particular stock. Jeffries could do the same. I did the same on a very small scale.
Exactly. I did the same thing she did, and I sure as heck had no inside information!
Anyone knew this was going to happen. All you had to do is stick money in $VIX.
BTTT
Marjorie knows if she had infor it would go back up quickly due to things Trump would say or do.
Jeffries is just upset he didn’t buy as it was going down.
Blind Trust.
Yup, since when is buying on dip or selling on a top insider stock trading?
I heard he was $40,000 in debt when he was elected. Now he is worth several million.
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