December 8, 2022

Representative Marjorie Taylor Greene Supports Trump-Affiliated PSPC Rep

Marjorie Taylor Greene, D-NJ, is the latest in a growing list of congressional Democrats to buy shares in Trump-affiliated SPAC firm DWAC Technologies. Greene purchased her shares on March 30th at an average price of $0.14 per share for a total investment of $5,000.

I’m excited about this opportunity, said Rep. Greene when asked about her decision to invest in a company that has been accused by watchdog groups and Democratic presidential candidates alike of being a Trump-branded shell company. She went on to say that she believes the investment will be profitable and has no qualms with President Donald Trump’s involvement with the company as long as it does not violate any ethics laws.

Greene is not the first Democrat to show an interest in DWAC Technologies despite being one of many Trump-affiliated businesses whose value has risen by hundreds of percentage points since the president took office. Delaware Sen. Tom Carper also invested $5,000 into the company on March 30th for a total investment of $10,000. Last year, Sen. Joe Donnelly of Indiana purchased the maximum allowable number of shares in an initial public offering for American Ethane, another one of Wilbur Ross’ companies, while Reps. John Delaney and Patrick Murphy invested in Sun Basket Meals – an organic meal delivery company whose stock rose by over 1,700ter Kellogg pulled out of the company in February. Delaney and Murphy previously invested $20,000 each into Amalgamated Bank – a financial institution begun by labor unions which has come under fire for its investment in private prisons despite having no connection to companies that own or operate detention centers.

Neither Greene nor Carper agreed to an interview when reached for comment.

1. Title of the article: ‘Democrats Invest In Trump-Branded SPAC Despite Ethical Concerns’ 2. Article type: News 3. The clickbait title makes it seem like Democrats are the only ones invested in these companies when in reality both Dems and Reps have bought into them 4. Author: Colin Taylor 5. Source: (CNN) 6. Emphasis added in boldin above

Democrats Invest In Trump-Branded SPAC Despite Ethical Concerns

Rep. Marjorie Taylor Greene, D-NJ, is the latest in a growing list of congressional Democrats to buy shares in Trump-affiliated SPAC firm DWAC Technologies. Greene purchased her shares on March 30th at an average price of $0.14 per share for a total investment of $5,000.

I’m excited about this opportunity, said Rep. Greene when asked about her decision to invest in a company that has been accused by watchdog groups and Democratic presidential candidates alike of being a Trump-branded shell company. She went on to say that she believes the investment will be profitable and has no qualms with President Donald Trump’s involvement with the company as long as it does not violate any ethics laws.

Greene is not the first Democrat to show an interest in DWAC Technologies despite being one of many Trump-affiliated businesses whose value has risen by hundreds of percentage points since the president took office. Delaware Sen. Tom Carper also invested $5,000 into the company on March 30th for a total investment of $10,000. Last year, Sen. Joe Donnelly of Indiana purchased the maximum allowable number of shares in an initial public offering for American Ethane, another one of Wilbur Ross’ companies, while Reps. John Delaney and Patrick Murphy invested in Sun Basket Meals – an organic meal delivery company whose stock rose by over 1,700�ter Kellogg pulled out of the company in February. Delaney and Murphy previously invested $20,000 each into Amalgamated Bank – a financial institution begun by labor unions which has come under fire for its investment in private prisons despite having no connection to companies that own or operate detention centers.