Many lawmakers take advantage of their position for unethical, if not illegal, financial gain. Some go a step further, playing an active and often hypocritical role in making sure that gain materializes. A newly exposed stunt involving Marjorie Taylor Greene and the national debt suggests she deserves platinum membership in this exclusive, depraved club.
While Greene curiously never had a problem with the national debt under Trump, she repeatedly railed against President Joe Biden and House Speaker Nancy Pelosi over federal deficit increases. On September 17, 2021, Greene called for a government shutdown to halt spending and curb the nation’s mounting debt.
While this may seem like typical political hypocrisy, we now know there was something even more disturbing going on. Congressional financial disclosures reveal that Greene purchased a truckload of Treasury bills on September 21 (four days after calling for the shutdown), in the range of $250,001 to $500,000. Of the 90 securities transactions Greene made since joining Congress last year, this purchase was by far the largest, with a purchase in the $15,001 to $50,000 range a distant second, according to reporting from The Daily Beast.
Greene’s sizable T-bill purchase in support of the federal government came a few days after she told Steve Bannon that “[y]ou can’t trust these people with your money” and days before she launched a Twitter tirade against government spending. Timing is everything. As The Daily Beast explains, Greene invested in T-bills “as investors shied away amid threats that Greene herself was making.”
In other words, Greene helped create the debt-ceiling uncertainty that she used to her financial advantage, possibly quintupling her investment. Once again, Greene has proven that she has no business representing the American people in the United States Congress. November 8 is the day she must be voted out.