Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown
Lululemon, Dell Computer, Amazon, the parent of Restoration Hardware and a few others hit hard by Trump's tariff threats were down 40% on average late last week when she pounced.
RH, formerly called Restoration Hardware, is Greene’s clear winner. It jumped more than a third since since Friday's close when she bought it after a stunning collapse in price that shook even the head of the furniture retailer.
“Oh, sh…!,” said RH CEO Gary Friedman in a conference call last week as the stock plunged.
Dell has jumped 9% since Greene bought the stock last week after it had lost more than half its value.
Lawmakers from both major parties have proposed bills banning members from stock trading because of the apparent conflict of interest in owning shares of companies they can heavily influence with positions they can take in office.