Republican infighting: GOP Congressman attacks Rep Marjorie for Pelosi-like Liberation Day stock trades

Source Cryptopolitan

GOP Rep. Mike Lawler has gone after Rep. Marjorie Taylor Greene after a stock she invested in suddenly surged by 64%. 

There is increasing pressure on Congress to enact reforms that address the ethical concerns surrounding stock trading by lawmakers. The latest pressure comes from GOP representative Mike Lawler, who publicly criticized a fellow Republican representative for her stock trading profile.

Greene’s rising Impinj stock attracts criticism

A recent stock purchase by Representative Marjorie Taylor Greene has drawn criticism from fellow GOP members and reignited bipartisan calls to ban members of Congress and their spouses from stock trading.

Greene’s investment in Impinj Inc. ($PI), a small-cap tech company, has now come under scrutiny after its stock surged over 60% following her acquisition.

On March 3, 2025, Rep. Marjorie Taylor Greene purchased between $1,001 and $15,000 worth of Impinj Inc. stock, a company specializing in RFID technology. This transaction was disclosed on March 9, 2025, in accordance with the STOCK Act.

The increase in Impinj’s stock after MTG’s purchase raised questions about potential conflicts of interest. Greene insists that her investments are managed by an external advisor and that she does not influence trading decisions.

Critics argue that such transactions, even if legal, can erode public trust in elected officials. Greene’s financial activities have also been compared to those of former House Speaker Nancy Pelosi, who faced similar scrutiny over her stock investments.

GOP lawmakers call for legislation

The controversy surrounding Greene’s stock trades has intensified internal divisions within the Republican Party. Representative Mike Lawler, who is a co-sponsor of the TRUST in Congress Act, has publicly criticized Greene’s actions.

The TRUST in Congress Act seeks to ban stock trading by lawmakers and their spouses. In a social media post on X, Lawler stated, “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.”

Lawler’s remarks show that there is growing bipartisan support for legislation aimed at prohibiting congressional stock trading.

House Speaker Mike Johnson also supports the movement to impose restrictions on Congress members dipping into markets to avoid any appearance of misconduct. However, Johnson acknowledged that stagnant salaries also pile pressure on lawmakers.

In a different case, Representative Jared Moskowitz made bank from his stock purchases shortly after former President Donald Trump’s tariff announcements. Moskowitz has so far denied any wrongdoing and supports legislation to limit congressional trading.

Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD posts modest gains above $3,150 on better risk appetiteThe Gold price (XAU/USD) trades with mild gains near $3,180 during the early Asian session on Thursday. However, the potential upside for the yellow metal might be capped in the near term due to better risk appetite and progress in trade talks. 
Author  FXStreet
5 Month 15 Day Thu
The Gold price (XAU/USD) trades with mild gains near $3,180 during the early Asian session on Thursday. However, the potential upside for the yellow metal might be capped in the near term due to better risk appetite and progress in trade talks. 
placeholder
DDC Enterprise Ltd adopts Bitcoin as strategic reserve asset, sets sights on 5,000 BTC over three yearsDDC Enterprise Ltd (DDC) has officially joined the growing list of publicly traded companies embracing Bitcoin as a strategic reserve asset. In a shareholder letter released Thursday, the company outlined a long-term accumulation plan starting with an immediate purchase of 100 BTC. 
Author  FXStreet
19 hours ago
DDC Enterprise Ltd (DDC) has officially joined the growing list of publicly traded companies embracing Bitcoin as a strategic reserve asset. In a shareholder letter released Thursday, the company outlined a long-term accumulation plan starting with an immediate purchase of 100 BTC. 
placeholder
BNB Price Finds Its Footing — Can Bulls Ignite the Next Leg Up?BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
Author  FXStreet
19 hours ago
BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
placeholder
XRP Price Sinks Lower, But Chart Whisperers See a Trap for The BearsXRP price started a downside correction below the $2.50 zone. The price is now consolidating and might find bids near the $2.350 support zone. XRP price started a fresh decline below the $2.550 zone.
Author  NewsBTC
19 hours ago
XRP price started a downside correction below the $2.50 zone. The price is now consolidating and might find bids near the $2.350 support zone. XRP price started a fresh decline below the $2.550 zone.
placeholder
Gold price stalls recovery from over one-month low near 200-period SMA on H4Gold price (XAU/USD) struggles to capitalize on the previous day's strong recovery move from the $3,120 region, or the lowest level since April 10, and attracts some sellers during the Asian session on Friday.
Author  FXStreet
19 hours ago
Gold price (XAU/USD) struggles to capitalize on the previous day's strong recovery move from the $3,120 region, or the lowest level since April 10, and attracts some sellers during the Asian session on Friday.
goTop
quote