Blog Post

Congress Made Over $635 Million In Stock Trades While Americans Struggled – See Who Traded the Most

It’s no secret that members of Congress, who often have access to information the public doesn’t, can buy and sell stocks. Here's the members of Congress who traded the most stock this year.

Across the country, Americans are struggling to keep up with rising costs.  

While everyday people stress over how they will afford groceries, housing, healthcare and more, some of our elected representatives are lining their pockets.  

It’s no secret that members of Congress, who often have access to information the public doesn’t, can buy and sell stocks. In the current 119ika Kongreso, 202 Representatives and 56 Senators, both Democrats and Republicans, own stock. At the time this article was published, Congress members had made 13,324 trades totaling a whopping $635.57 million this year.  

Keep scrolling to learn which members of Congress traded the most stock this year.  

Top 10 Congressional Traders  

(By trade volume) 

10. Rep. Gil Cisneros (D-CA)

Total Trades: 527 

Total Volume: $17.41 million 

 9. Rep. Cleo Fields (D-LA)

Total Trades: 185 

Total Volume: $20.48 million 

8. Rep. Nancy Pelosi (D-CA)

Total Trades: 12 

Total Volume: $26.91 million 

7. Sen. Dave McCormick (R-PA)

Total Trades: 202 

Total Volume: $28.6 million 

6. Rep. Darrell Issa (R-CA)

Total Trades: 1 

Total Volume: $30 million 

5. Rep. Jefferson Shreve (R-IN)

Total Trades: 617 

Total Volume: $30.9 million 

 4. Rep. Josh Gottheimer (D-NJ)

Total Trades: 420 

Total Volume: $44.25 million 

 3. Rep. Ro Khanna (D-CA) 

Total Trades: 3,923  

Total Volume: $55.7 million 

 2. Rep. Michael McCaul (R-TX)

Total Trades: 1,029 

Total Volume: $75.52 million 

 1. Sen. Richard Blumenthal (D-CT) 

Total Trades: 406 

Total Volume: $79.83 million 

If you’re fed up after reading this list, you’re not alone. 86% of Americans want Congress to prohibit its members from trading stocks, including 88% of Democrats and 87% of Republicans. Even 90 former House members support a congressional stock trading ban, saying they “strongly recommend attaching this legislation to a ‘must pass’ package before the conclusion of the year.” 

It’s clear that constituents agree – members of the Congress are supposed to serve We the People, not use their position to benefit in the stock market. Now, what can we do about it?  

The good news is there’s a bipartisan stock trading ban pending in Congress, which would be fully enforceable and comprehensive. Common Cause fully supports the Restore Trust in Congress Actwhich touts 107 bipartisan co-sponsors in the House.  

Sign our petition now to say enough is enough – it’s time to ban Members of Congress from trading stocks. 

 

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