The Congress Member Who Bought Shares Of Trump’s SPAC Probably Won’t Surprise You

Reuters

U.S. congresswoman Greene bought Trump SPAC shares

U.S. Representative Marjorie Taylor Greene, an ally of Donald Trump, bought as much as $50,000 worth of shares in the special purpose acquisition company (SPAC) that has agreed to merge with the former President’s new social media venture. Greene bought shares worth between $15,001 and $50,000 on Oct. 22, the day they rose in value by as much as 1,650% from what they were worth before the deal, as amateur traders and Trump supporters snapped them up, according to a regulatory filing published on Wednesday. The shares of the SPAC, Digital World Acquisition Corp, have given up most of their gains since Greene invested on Friday.