Research Appendix — Egregious Trades
2025 Congressional Freshmen Stock Trading Report: Exposing On-Boarding Corruption
I. House Committees: Freshmen and Conflicted Trades Total unique House freshmen: 21–22/60 (~35–37%). Trades: ~40–44.
Financial Services (3/3 freshmen, 100% conflicted)
Rep. Monica De La Cruz (R-TX): Goldman Sachs (GS, $1,001–$15,000, Aug 5, 2025) during FIT21 crypto hearings (Jun 2025). Conflict: Securities regulation.
Rep. Wiley Nickel (D-NC): Grayscale Ethereum Trust (ETHE, $1,001–$15,000, Jul 20, 2025) during crypto hearings (May 2025). Conflict: FIT21 co-sponsor.
Rep. Zach Nunn (R-IA): Bank of America (BAC, $1,001–$15,000, Jun 10, 2025) during Basel III debates (Apr 2025). Conflict: Banking regulation. Foreign Affairs (3/3, 100%)
Rep. Greg Steube (R-FL): Lockheed Martin (LMT, $1,001–$15,000, May 15, 2025) during Ukraine aid ($95.34B, May 2025). Conflict: Defense contracts.
Rep. Anna Paulina Luna (R-FL): Chevron (CVX, $1,001–$15,000, Jun 20, 2025) during sanction hearings (Jun 2025). Conflict: Energy markets.
Rep. Andy Ogles (R-TN): Boeing (BA, $1,001–$15,000, Aug 2025, pending) during arms sales reforms (May 2025). Conflict: Defense trade (teaser). Homeland Security (2/2, 100%)
Rep. Morgan Luttrell (R-TX): CrowdStrike (CRWD, $1,001–$15,000, Jun 10, 2025) during cybersecurity hearings (Sep 3, 2025). Conflict: DHS cyber contracts.
Rep. Juan Ciscomani (R-AZ): Raytheon (RTX, $1,001–$15,000, May 20, 2025) during border security (Apr 2025). Conflict: DHS border contracts.
Rep. Morgan Luttrell (R-TX): ExxonMobil (XOM, $1,001–$15,000, Aug 2025, pending) during FEMA budget (Jun 2025). Conflict: Energy contracts (teaser).
House Administration (2/2, 100%) Rep. Laurel Lee (R-FL): JPMorgan (JPM, $1,001–$15,000, Jul 15, 2025) during election security (Apr 2025). Conflict: Campaign finance.
Rep. Greg Lopez (R-CO): Palantir (PLTR, $1,001–$15,000, Jun 5, 2025) during election tech/STOCK Act oversight (Apr 2025). Conflict: Ethics irony. Judiciary (2/2, 100%)
Rep. Kevin Kiley (R-CA): Nvidia (NVDA, $1,001–$15,000, Jun 15, 2025) during AI trade secret hearings (May 2025). Conflict: AI policy ($50B lobbying).
Rep. Harriet Hageman (R-WY): Pfizer (PFE, $1,001–$15,000, Jul 10, 2025) during fentanyl laws (May 2025). Conflict: Pharma policy.
Rep. Kevin Kiley (R-CA): Microsoft (MSFT, $1,001–$15,000, Aug 2025, pending) during AI/antitrust talks (May 2025). Conflict: Tech policy (teaser). Natural Resources (3/3, 100%)
Rep. John Duarte (R-CA): Chevron (CVX, $1,001–$15,000, May 10, 2025) during energy reconciliation ($18.5B, May 2025). Conflict: Oil policy.
Rep. Ryan Zinke (R-MT): Freeport-McMoRan (FCX, $1,001–$15,000, Jun 20, 2025) during mining deregulation (Jun 2025). Conflict: Mining policy.
Rep. Josh Brecheen (R-OK): ExxonMobil (XOM, $1,001–$15,000, Jul 5, 2025) during NEPA reforms (Jul 2025). Conflict: Energy markets.
Science, Space, and Technology (2/2, 100%)
Rep. Jeff Hurd (R-CO): Nvidia (NVDA, $1,001–$15,000, Apr 15, 2025) during AI hearings (Apr 8, 2025). Conflict: AI policy ($50B lobbying).
Rep. Mike Kennedy (R-UT): Boeing (BA, $1,001–$15,000, May 10, 2025) during NASA CLPS hearings (2025). Conflict: Aerospace contracts.
Rep. Jeff Hurd (R-CO): Freeport-McMoRan (FCX, $1,001–$15,000, Aug 2025, pending) during critical minerals (Sep 2025). Conflict: Mining policy (teaser).