Marjorie Taylor Greene lashes out at reports about her net worth

Representative Marjorie Taylor Greene has denied allegations that her personal wealth surged because of her role in Congress, calling reports of a sharp increase in her net worth “outright slander and lies.” Knewz.com has learned that Greene said her current fortune stems from her family’s construction business and long-standing private investments, not from her government position, which pays a salary of $174,000.

Report sparks calls for scrutiny of Rep. Greene’s trading activity

Greene’s comments followed an article by financial outlet Benzinga that highlighted her reported net worth of $22.51 million, citing public disclosures. The article said her wealth had grown by about $21 million since she entered Congress in 2021 and noted she bought several major stocks in early April ahead of a tariff announcement from former President Donald Trump that boosted markets. The report fueled calls from both Democrats and Republicans to scrutinize Greene’s trading activity. Critics argue that her April stock purchases coincided too closely with Trump’s unexpected decision to pause most tariffs for 90 days, a move that sent markets higher.

Greene’s trading activity in April

Benzinga reported that Greene bought stocks worth between $21,000 and $315,000 on April 8 and 9, including shares in Tesla, Nvidia, Palantir, Amazon, Apple and Nike. She also sold between $50,000 and $100,000 in Treasury bills during the same period. The stocks she purchased have since gained significantly, with Palantir rising 142% after ICE awarded the company a $30 million contract days later, according to data from the research platform Quiver Quantitative.

Rep. Greene attributes her wealth to family business

Greene rejected the claims of insider trading and attributed her wealth to her family business in a statement on X. “I’m fed up with the outright slander and lies about me. … I’ve owned my family’s construction business for well over two decades and made all of my net worth BEFORE I became a Member of Congress in 2021,” she wrote. “My publicly disclosed portfolio is diversely invested through a financial manager whom I’ve signed a fiduciary contract with. My hard earned wealth, that I am thankful and proud of HAS NOT in any way come from politics!!! As a matter of fact I made a hell of a lot more money and my life was WAY EASIER before I entered public life. I am so proud of my company’s success and hard work and there is not anyone who can shame me for being a successful business owner because thankfully I’ve lived the American dream!!!” Greene added that criticism of her finances was politically motivated. “You can go to hell,” she told her critics.

Debate over whether lawmakers should be allowed to trade stocks

Rep. Greene’s financial disclosures came amid renewed debate over whether lawmakers should be allowed to trade stocks at all. Lawmakers are required under the Stop Trading on Congressional Knowledge (STOCK) Act to disclose transactions over $1,000 within 45 days. The law was designed to increase transparency and limit the appearance of insider trading. Representative Mike Lawler, a New York Republican, wrote on X about the growing scrutiny around Rep. Greene’s trading activity and her net worth, “Just another reason why stock trading by members of Congress or their spouses should be banned. The appearance of impropriety, or worse, is too great.”

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