Luckily or learned calculation? If there is one that took advantage of the global crisis caused by the customs duties imposed by Donald Trump on his economic partners, it is Marjorie Taylor Greene. Its name probably does not tell you anything, but it is close to the republican president.
While scholarships around the world unscrewed in the face of the uncertainty caused by the threats of the Head of State, she was able to invest at the right time. Between April 8 and 9, she acquired actions from several tech companies, including Apple and Amazon, or the Merck pharmaceutical giant, for a total amount between 21,000 and 315,000 dollars. One day before the reversal of the White House tenant who brought the markets to bounce, according to an official document.
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.
Historic rebound
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”.
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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.
