Overview
- The Wall Street Journal identified 1,865 trades by House members or their families in April, including more than 700 between April 2, when tariffs were announced, and April 8, when they were paused.
- Reps. Ro Khanna and Rob Bresnahan ranked as the most active traders during that period and both said outside financial advisers managed their transactions.
- Rep. Marjorie Taylor Greene purchased roughly $28,000 in shares of FedEx, Amazon, Lululemon and Palantir, and Rep. Jared Moskowitz made 23 stock buys of at least $1,000 each in companies like Amazon, Nvidia and Visa.
- Financial markets reacted sharply to the tariff news as the S&P 500 fell over 4.5% in two straight sessions and the Nasdaq then surged 12% after the White House paused the policy.
- Speaker Mike Johnson has backed a congressional trading ban and lawmakers from both parties are drafting legislation to require blind trusts or divestment rules for members.