CapitolMarkets
Vol. I · No. 1Wednesday, June 3, 2026
Capitol Markets Editorial — Dispatches from the Capitol trading desk

Long-form briefings auto-generated from our committee-conflict engine, alongside outside coverage of congressional trading from across the web.

Investigation · Capitol Markets

Big Tech Is the Only Thing Congress Agrees On

We ranked a year of congressional stock trades by how many different members touched each name. The same five mega-caps dominate both the buying and the selling.

Over the past twelve months, members of Congress disclosed 2,495 stock purchases across 789 different companies — and 2,637 sales across 854. We ranked them not by dollars, which a single large filer can distort, but by breadth: how many different members touched each name. The answer is strikingly consensus-driven.

By the Capitol Markets desk· todayRead the full piece →
Editorial

President Trump bought $5 million of Amazon stock. His FTC is suing the company.

On February 10, the 47th President disclosed one of the largest individual-stock purchases ever recorded on an executive-branch financial disclosure. The trial against the company he just bought is scheduled for late this year. He is the chief executive of the agency prosecuting it.

On February 10, 2026, President Donald J. Trump bought between $5,000,001 and $25,000,000 of Amazon.com, Inc. He certified the disclosure on May 8 and filed it with the U.S. Office of Government Ethics four days later. The filing landed eighty-seven days after the trade, beyond the thirty-to-forty-five-day window that the Stop Trading on Congressional Knowle

19d agoRead →
Editorial illustration for Trump's Dell Trade and the Presidential Blind Spot
Investigation

Trump's Dell Trade and the Presidential Blind Spot

A purchase, an endorsement, a 45-day window — and 2,334 line items inside one OGE filing that the conflict-of-interest statute does not reach.

On February 10, 2026, somewhere between $1,000,001 and $5,000,000 of Dell Technologies Class C stock was bought into a portfolio reported under the name of the sitting President of the United States. The purchase was disclosed nearly three months later, on May 8, 2026, in a Periodic Transaction Report filed with the Office of Government Ethics (OGE Form 278-

19d agoRead →
Editorial illustration for Three lenses on a Pelosi trade — and why the one Congress hopes you ignore is the one that decides enforcement
Investigation

Three lenses on a Pelosi trade — and why the one Congress hopes you ignore is the one that decides enforcement

Most Pelosi coverage shows you one benchmark. Capitol Markets shows three because the difference between them is where Congressional-trading enforcement actually lives.

On January 16, 2026, Representative Nancy Pelosi (Democrat, California) bought between $1.25 million and $2.5 million of Amazon, NVIDIA, Alphabet, and Vistra in a single day's filings (H. Clerk PTR P000197, 2026 reports). Through May 7 those four buys, plus a January 2 Verisign exchange, are up an estimated 14.7 percent on $2,050,024 of disclosed dollar volu

25d agoRead →
Editorial illustration for A senator who founded the company on his committee's docket — and why a "blind trust" doesn't fix it
Investigation

A senator who founded the company on his committee's docket — and why a "blind trust" doesn't fix it

Senator Sheehy founded Bridger Aerospace, sits on three Senate committees with direct jurisdiction over its industry, and has tried to fix it with a blind trust ethicists call insufficient. The cleanest test of what reform actually means in 2026.

Senator Tim Sheehy (Republican, Montana) was sworn in on January 8, 2025, traded his corporate corner office for a Senate seat, and brought with him an ownership stake in Bridger Aerospace Group Holdings — the publicly traded aerial firefighting company he founded in 2014 — that his most recent personal financial disclosure values at between seven and a half

25d agoRead →
Editorial illustration for The Asymmetry
Investigation

The Asymmetry

Why politicians who write securities law trade under rules they would prosecute the rest of us for breaking.

A junior accountant at a public company spends her career walking on eggshells around what she may and may not trade. Her firm's outside counsel circulates blackout calendars before every earnings cycle. She certifies — quarterly — that she has not traded on any material non-public information she may have encountered in the course of her job. If her brother

26d agoRead →
From the conflict desk · auto-generated