Ilhan Omar Goes After MTG for Secret Stock Purchases of Weapons Manufacturer

Ilhan Omar Goes After MTG for Secret Stock Purchases of Weapons Manufacturer

( – Anyone can access stock trading as long as they have the funding. Controversy surrounds the rights lawmakers have in trading stocks, with many believing they shouldn’t have the opportunity due to the potential for insider trading. Representative Ilhan Omar (D-MN) recently went after fellow House member Majorie Taylor Greene (R-GA) for allegedly using sensitive information to trade stocks.

Omar, who is often a target of Greene’s, attacked the Republican for buying stock in weapon manufacturer Lockheed Martin just days before Russia’s military action against Ukraine. The Democrat is using Greene’s investment as a way to advance the ban on congressional members trading stocks.

Greene filed disclosures of her recent investments on March 7, detailing what she purchased. The congresswoman spent between $1,001 and $15,000 on Lockheed Martin alone. However, the Republican also spent similar amounts of money on Walgreens, AFLAC, Clorox, Chevron, Caterpillar and several others. Yet, Omar believes this is a reason why Congress should not be able to trade.

Greene is one of Congress’s most prolific traders and claims her investment advisor controls her account. The Republican mentioned she’s had a stake in Lockheed Martin before, and that her recent investment, two days before Russia’s attack on Ukraine, was part of their strategy and had nothing to do with her “war is big business” statement.

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