Congressman Ro Khanna has dethroned Nancy Pelosi as the top performer in congressional stock trading, boasting a staggering 112% outperformance on AI stocks that reeks of insider advantages eroding public trust.
Khanna Emerges as New Trading Leader
Representative Ro Khanna from California now tops congressional stock traders, achieving 112% returns on AI investments that crushed the S&P 500. This performance eclipses Nancy Pelosi’s long-held notoriety for suspiciously timed tech trades by her husband Paul Pelosi in stocks like Apple and Tesla. Khanna’s edge aligns with his roles in AI, antitrust, and high-tech caucuses, granting access to pivotal industry insights. Such outperformance underscores persistent concerns that lawmakers leverage official positions for personal gain, betraying constituents on both sides of the aisle who demand equal opportunity.
McCaul and Pelosi Trail in Volume and Returns
Michael T. McCaul, Republican from Texas, dominates trade volume with 1,086 transactions totaling $63,128,000. Ro Khanna ranks second at 4,248 trades worth $57,436,500, while Pelosi trails at $51.8 million. These figures from tracking platforms reveal a bipartisan pattern of intense activity. Senator Angus King Jr. recently sold Uber Technologies stock valued between $9,009 and $135,000 on February 13, 2026, disclosed March 24. Everyday Americans see this as elites gaming the system amid economic pressures.
Paul Pelosi’s past trades often preceded legislative shifts, coining “Pelosi trades” in investor circles. Khanna’s recent sales in semiconductors like ASML and Micron yielded gains of 37% to 154%, with purchases in Marriott and others rising 35-41%. This timing fuels skepticism, even as GOP controls Congress in 2026, yet fails to curb the practice.
STOCK Act Fails to Curb Insider Edges
The 2012 STOCK Act bars using private information for profit and requires 45-day disclosures, yet congressional portfolios outperformed the S&P 500 by 3-5% annually per a 2023 study. Trades frequently target sectors like AI, semiconductors, and renewables ahead of regulations, creating market distortions. Platforms like Quiver Quantitative and Capitol Trades enable retail investors to mimic these moves, turning public disclosures into a perverse trading signal.
Reform efforts include the Ban Conflicted Trading Act to outlaw individual stocks and the TRUST in Congress Act for blind trusts. Bipartisan outrage grows as conservatives decry globalist cronyism and liberals lament wealth gaps, uniting against a government prioritizing elite enrichment over fixing inflation, immigration, and energy costs.
Sources:
https://www.insiderfinance.io/congress-trades
https://www.quiverquant.com/congresstrading/
https://mlq.ai/stocks/congress-trading/