Congress members traded $5.3 billion in stocks while earning $174K. The fine for late disclosure is $200. Why is this legal?
u/Outrageous_Math6885 ·
Reddit — r/FluentInFinance
· March 29, 2026 at 05:53
· ⬆ 561 pts
· 💬 18 comments
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AI Summary
Summary
A data-driven analysis revealing extensive stock trading by U.S. Congress members, with patterns suggesting potential use of non-public legislative insight. The author built a database of 95,501 trades.
The thesis is that current laws (STOCK Act) are ineffective, enforcement is non-existent, and proposed reforms contain loopholes, allowing continued potential conflicts of interest.
Quality assessment: Well-researched DD. The author presents specific, quantified data points (trade counts, volumes, timelines) and cross-references with votes, indicating systematic analysis.
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I pulled every stock trade disclosed by members of Congress since 2016 and built a searchable database. 95,501 trades across 336 members. Then I started cross-referencing them against their legislative votes to see if the timing lined up. It does.
Some of what the data shows:
\- Total congressional stock trading volume: $5.3 billion
\- Rep. McCaul (R-TX) has traded 7,266 times his $174K salary
\- Rep. Khanna (D-CA) averaged 9 trades per day across all of 2025, weekends included. $99.8 million for the year.
\- Pelosi sold an estimated $25-50 million in Apple in two weeks last December
\- Meanwhile the median American has $955 saved for retirement
The timing patterns are where it gets ugly. After the classified COVID briefings in January 2020, trading volume tripled. 67 members were trading simultaneously. Every DOJ investigation was opened and every one was dropped.
When Liberation Day tariffs hit in April 2025, congressional trading broke the all-time record - 1,692 trades in a single month. 765 in one week from 29 different members.
The STOCK Act gives them 45 days to disclose and the fine for blowing past it is $200. Senator Tuberville missed the deadline 130 times while trading defense stocks from his seat on the Armed Services Committee. Paid the fines and kept going.
Now they're working on a "ban" that lets them keep every stock they already own, doesn't cover adult children or trusts or LLCs, and has zero prison time attached. They announced it like reform and left all the doors open.
The full database is searchable — you can look up any member by name, party, state, or sector. I also cross-referenced 95,501 trades against 1,179 congressional votes and found 4,436 instances where the trade and the vote matched up by sector and timing. 600 scored as highly suspicious. Number that resulted in charges: zero.