The media company with ties to Donald Trump's Truth Social platform is seeing its value tank more each day. Now, years after she purchased shares in the company, Georgia GOP Rep. Marjorie Taylor Greene is not willing to talk about the state of her stocks.
Greene wouldn't respond to questions from CNBC or NBC News about her holdings in Digital World Acquisition Corp (DWAC), which merged with Trump Media and saw its share price drop at least 45 percent to date, NBC News reported.
Greene, along with Indiana GOP Rep. Larry Bucshon, revealed they bought stock in the company in October 2021 — the same month it announced the merger with Trump Media.
Just days after the announcement, Greene bought shares of DWAC ranging from $15,000 to $50,000. As NBC News points out, if Greene is still an investor in the company, she would have lost up to $32,000. Bucshon could have lost up to $8,900.
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A spokesman for Bucshon responded to inquiries and revealed that the lawmaker is still an investor in the company, but Greene has chosen to stay mum and public disclosures have not shown that she's sold any stock related to DWAC or Trump Media. Greene spokesman Nick Dyer told NBC News that Greene “holds no stocks at this time as reflected in her financial disclosure.”
When asked by NBC News on Wednesday what happened to her Trump Media stock, Greene replied, “This is a waste of time. I think you can read my reports and see what I own."
But according to Campaign Legal Center general counsel Kedric Payne, if the value of Greene's stock drops below $1,000, she's not required to disclose any information.
Experts say another possibility is that Greene recently sold her stock, giving her a period of up to 45 days where she doesn't have to disclose anything. As NBC News points out, lawmakers "aren’t prohibited from trading or holding individual stocks and other investments. But under the STOCK Act, members of Congress must report any trades within 45 days."
But the news elicited little sympathy online.
"Awwwwe—poor Marge," wrote an X user called Pink Freud. And ctwin wrote: "Hoping like @mtgreenee the stock has no low to which it can sink."
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