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Majorie Taylor Greene up 142% in stocks she bought days before ICE awarded company ...

Retrieved on: 2025-08-09 22:00:22

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Majorie Taylor Greene up 142% in stocks she bought days before ICE awarded company .... View article details on hiswai:

Summary

Marjorie Taylor Greene's Palantir stock investment has generated significant returns amid ICE contract developments, according to tracking platform Quiver Quantitative.

The Georgia representative, who sits on the House Homeland Security Committee that oversees Immigration and Customs Enforcement, invested in Palantir Technologies on April 8th. Just three days later, ICE awarded the artificial intelligence company a $30 million contract to support Trump's immigration enforcement agenda, including systems to track self-deportation and identify deportation targets. Greene's stock position has since surged 142 percent.

  • Greene claims her financial advisor controls all investments through a fiduciary agreement and learned about the trades through media reports
  • The timing raises questions about potential conflicts of interest, similar to ongoing concerns about congressional stock trading
  • Recent disclosures show other Trump administration officials have made well-timed stock moves, including deputy chief Dan Scavino's Trump Media sale before market-affecting tariff announcements
  • Public polling shows overwhelming support for banning individual stock trading by Congress members

This development highlights ongoing debates about congressional ethics and insider trading regulations, particularly when lawmakers serve on committees overseeing industries in which they hold financial interests.

Article found on: www.the-independent.com

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