What I learned from 63,000 trades?
I analyzed 63,000 stock trades by members of Congress going back to 2008 and here's what stood out.
Congress beats the market. Average 1-year return on their buys: +17.8%, which is 6.6% above SPY. Win rate: 67%. Is it skill? Information advantage? Luck? Hard to say, but the numbers are the numbers.
Ways & Means Health subcommittee sets the Medicare drug price negotiation list. Eliquis is already on it - the government now dictates what Bristol-Myers gets paid for their biggest revenue driver.
A member who controls that price selling the stock is the exact scenario the STOCK Act was designed to flag.
Full BMY trade history in Congress: https://t.co/TVsN8RqKK0
Ways & Means Health subcommittee sets the Medicare drug price negotiation list. Eliquis is already on it - the government now dictates what Bristol-Myers gets paid for their biggest revenue driver.
A member who controls that price selling the stock is the exact scenario the STOCK Act was designed to flag.
Full BMY trade history in Congress: https://t.co/TVsN8RqKK0
@pelositracker She filed it in 1 day. The law gives 45.
For everyone who says disclosures are useless by the time they're public - she disclosed fast enough to follow. It's in the filings. https://t.co/szDexJ7qsV
The STOCK Act gives every member of Congress 45 days to disclose a trade. Here's how 2026 looks so far:
Fastest average filers:
• Tina Smith - 5 days avg
• Fetterman - 5 days avg
• Rick Larsen - 8 days avg
• Pelosi - 9 days avg
Same law but different members:
• Kelly Morrison - 437 days late on a $500K trade
• Hickenlooper - 351 days late on $500K
• Walberg - 480 days late, natural resources stocks
One group files in a week, the other takes over a year. The fine is $200 either way.
Transparency scores for every member: https://t.co/NFRK2h9nu1
She bought August 5 and filed August 6 - one day. She had 45.
The previous congressional ICHR trade in our database was Goldman selling in July 2023. Two years of silence, then Wasserman Schultz files in 24 hours.
She sits on House Appropriations: Energy and Water Development - which funds DOE semiconductor manufacturing programs. Ichor makes fluid delivery systems for chip fabs.
+300% later. https://t.co/s24bAC1gBw
Not surprising if you've been watching his filings. Cisneros has been building across the entire semiconductor supply chain for months - chips (MU, NVDA, AMD), optical components (COHR, VIAV), defense applications (SARO, DCO), and now semiconductor equipment with Tokyo Electron.
He's not picking stocks. He's building a supply chain thesis from a seat on the Armed Services Intelligence subcommittee.
https://t.co/CdqYvAV4Ma
Markwayne Mullin (R-OK) bought $50K–$100K of UnitedHealth Group in February.
He sits on the Senate HELP Committee - the committee that writes the rules governing health insurance companies. And the Senate Appropriations subcommittee that controls the HHS budget.
UNH is the largest health insurer in the country. Mullin's committee decides how much they get paid, what they must cover, and how they're regulated.
This is what the Conflicts page tracks - members trading stocks in the exact industries their committees oversee.
https://t.co/woXkk0UYug
Cisneros has been buying SARO every single month since September 2025. That's 8 confirmed purchases before the ones Quiver just flagged.
This isn't a trade. It's a conviction position built over 8 months in a company that directly serves the subcommittee he sits on.
Full history: https://t.co/CdqYvAV4Ma
Cisneros' April 14 buy is already in the public filings. Gottheimer's May 22 is barely three weeks old - just hitting the disclosure window.
Two intelligence committee members. Two different angles on the same laser hardware company — one military procurement, one export control. Neither overlapping committee jurisdiction, same stock.
https://t.co/NgmrwqZzUg
@joinautopilot Cramer said wait. Donalds bought April 2. Salazar bought April 6.
Neither of them needed Inverse Cramer, they just needed to file a disclosure.
https://t.co/7FBkHcThjC
@pelositracker Byron filed it. It's public. Anyone could have found it.
Donalds April 2, Salazar April 6 - both still holding, both on the same semiconductor/AI policy lane.
That's exactly what the disclosures are for. https://t.co/7FBkHcThjC
Tim Moore (R-NC) was buying INTC starting August 1 - three weeks before the administration's August 22 investment. Put in $50K+ across three purchases.
Then sold everything on August 13. Nine days before the buy that's now up 336%.
Right stock, wrong exit. The filing is at https://t.co/JuJqm3LVxg
The STOCK Act fine for missing a stock disclosure is $200. It hasn't changed since the law passed in 2012. Here's what $200 buys you in practice:
• Walberg bought XOM, CVX, and ETN - disclosed 14 months late. All up double digits. Fine: $200.
• Kelly Morrison filed a $500K trade 437 days late. Fine: $200.
• Hickenlooper filed $500K in trades 351 days late. Fine: $200.
There are 535 members of Congress. The fine is less than a parking ticket in DC. We built a leaderboard for it. https://t.co/N5PvWva4zp
$200 fine. For a member of the Natural Resources Committee buying oil and gas stocks and holding for 14 months before telling anyone.
He's not alone. We track every STOCK Act violation - Kelly Morrison filed a $500K trade 437 days late. Hickenlooper filed $500K in trades 351 days late.
The fine hasn't changed since 2012. It's not a deterrent. It's a line item.
https://t.co/N5PvWva4zp
BWXT barely shows up in congressional trading history - only 3 members have ever touched it in our database, all in small amounts.
A $130K buy is a meaningful position in a company this specific. Naval nuclear reactor supply is a very narrow lane.
Quiver's right to watch it. https://t.co/jOmR6lfl0o
Tina Smith (D-MN) sold up to $250K of DexCom ($DXCM) and up to $250K of Insulet ($PODD) on the same day - May 7.
Both are diabetes device companies. DexCom makes continuous glucose monitors. Insulet makes the OmniPod insulin pump.
She sits on the Senate Finance Subcommittee on Health Care, which directly oversees Medicare and Medicaid coverage of medical devices - including these exact products.
Up to $500K out of the same niche on one day.
https://t.co/0aVW6N62rN
What the filing also shows: on April 9 - the day of the tariff pause - Gottheimer sold 9 positions across consumer, financials, and restaurants. Then immediately rotated into semiconductors and AI names.
SNDK, MU, AMD are part of that rotation, not random buys. He cleared out one side and built the other.
AI subcommittee seat. Full pivot on one day.
https://t.co/khKBkivXcM
@QuiverQuant February 7, 2025 to now is roughly 480 days late. The STOCK Act fine for missing the 45-day window is $200.
The stock is up 150%. The fine is $200.
We track every late filer. https://t.co/oB1mqOoAuQ