Politicians' Buying and Selling Stocks: A Look Into Their Financial Investments
Members of Congress have been trading stocks worth millions of dollars in the past 90 days, with a variety of investments in companies such as Apple (AAPL), Amazon.com (AMZN), Oracle (ORCL), and Broadcom (AVGO).
Sen. Richard Blumenthal (D-Conn.) made trades totaling $18.7 million, with significant buys including Not Fade Away LLC, MH Built to Last LLC, and Days Between LLC, and major sells including ELCM2 LLC, iRhythm Technologies (IRTC), and Kirkoswald Global Macro Fund. Rep. Ro Khanna (D-Calif.) has invested in stalwart blue chips such as JPMorgan Chase (JPM) and Berkshire Hathaway (BRK.B), while Rep. Lisa McClain (R.-Mich.) has purchased shares in speculative artificial intelligence (AI) firm BigBear.ai Holdings (BBAI) and Air Products and Chemicals (APD).
Rep. Michael McCaul (R-Texas) traded $26.7 million worth of stocks, with major buys including Oracle (ORCL), Maryland Department of Transportation, and Broadcom (AVGO), and major sells including Alphabet (GOOGL), Robert Half International (RHI), and Meta Platforms (META). Rep. Lisa McClain (R.-Mich.) traded $3.3 million worth of stocks, with major buys including BigBear.ai Holdings (BBAI) and Air Products and Chemicals (APD), and major sells including Cisco Systems (CSCO), Boston Scientific (BSX), and Conagra Brands (CAG).
Rep. Cleo Fields (D-La.) traded $14.6 million worth of stocks, with major buys including Advanced Micro Devices (ADM), Apple (AAPL), and Amazon.com (AMZN), and major sells including Bitmine Immersion Technologies (BMNR). Rep. Ro Khanna (D-Calif.) traded $15.9 million worth of stocks, with major buys including JPMorgan Chase (JPM), Berkshire Hathaway (BRK.B), and Philip Morris International (PM), and major sells including Sysco (SYY), Bank of America (BAC), and Target (TGT).
While members of Congress are allowed to buy and sell stocks, there is a public concern about their personal fortunes appearing in tension with their duties as elected representatives. Some high-profile Democrats are questioning if anyone in the Trump administration profited off the announcement of a reversal on reciprocal tariffs, which sparked a historic stock market rally.
Disclosure rules help the public follow what members of the House and Senate are doing with their investments. Federal law prohibits members of Congress from using nonpublic information derived from their official positions for personal benefit. Insider buying can be a more useful piece of information, but it's not exactly a screaming buy signal. Insider selling can occur for a variety of legitimate reasons, such as paying tuition or portfolio diversification.
Insider buying and selling at publicly traded companies is voluminously disclosed and analyzed. However, there are no specific publicly available records within the last 90 days detailing which politicians were most active in trading stocks or exactly which stocks they purchased. Public disclosures for politicians' trades vary by country and often lack real-time detail unless released explicitly through official transparency channels.
Disclosure rules are crucial in maintaining the trust of the public and ensuring that members of Congress are acting in the best interests of their constituents, rather than their personal financial gains. As the stock market continues to be a significant part of the lives of many Americans, the transparency of politicians' investments will remain an important topic of discussion.
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