Congress’s Million Dollar Stock Trades In 2025: Nvidia, Microsoft And The Bipartisan Push For A Ban
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Capitol Trades was recently featured in a Forbes article by Zach Everson, which examined multi-million-dollar stock transactions by members of Congress in 2025. Forbes relied on our verified data to track publicly reported trades, allowing for a detailed, accurate look at how lawmakers invest in the stock market while in office.
Six members of Congress disclosed 11 stock transactions worth more than $1 million this year, including trades of Nvidia, Microsoft, and Broadcom. Members, their spouses, and dependents executed over 13,300 trades totaling $635.6 million, according to a report by Common Cause. These trades are reported under the STOCK Act, which requires lawmakers to disclose stock trades over $1,000 within 45 days.
Bipartisan efforts to ban members of Congress from trading individual stocks have gained traction. The Restore Trust in Congress Act has 119 House cosponsors, and the Senate’s Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act advanced out of committee in July.
Some notable trades in 2025 include:
Rep. Cleo Fields, D-La. purchased Nvidia stock valued between $1 million and $5 million on June 26. Nvidia shares are up about 22% since the purchase.
Rep. Scott Franklin, R-Fla. sold Baldwin Insurance Group shares on Feb. 7, avoiding a roughly 42% drop in the stock’s value.
Rep. Josh Gottheimer, D-NJ. made multiple trades of Microsoft call options and shares on Feb. 14, which have increased about 20% since.
Sen. Dave McCormick, R-Pa. sold Rumble shares on Jan. 16, avoiding a 40% decline, and sold part of his Goldman Sachs holdings on Feb. 28.
Rep. Nancy Pelosi, D-Calif. exercised 200 Broadcom call options on June 20, with the stock rising about 40% since the trade.
Rep. John Rose, R-Tenn. sold Alphabet Class A and C shares on June 3, missing out on an approximate 88% increase.
The article also highlights the continued debate over congressional stock trading. While members earn a $174,000 salary and face dual-residence obligations, critics argue that insider trading risks remain high. Bills like the Restore Trust in Congress Act would require lawmakers to divest holdings within 90 days, potentially creating tax implications and other financial challenges.
Forbes’ reporting emphasizes that full transparency is essential. Lawmakers have 45 days to report trades, meaning the public won’t see the complete picture of 2025 trades until February 2026, and annual financial disclosures aren’t due until May 15, 2026 (or later with extensions).
The Forbes feature underscores the importance of Capitol Trades’ mission: providing accurate, accessible data on congressional trading activity to keep the public informed about financial actions taken by those in positions of power.
