The State of Insider Trading 2025 is live. S&P 500*: 18.09%. Top returns in this report’s sample: Meuser 25.9%, Pelosi 25.4%, Greene 24.2%. Thank you to everyone following @GovStockTracker and sending filings, corrections, and tips throughout the year. Special thanks to @QuiverQuant, @unusual_whales, and @joinautopilot for making high quality market and congressional trading data accessible and easier to analyze. Additional thanks to @BeatTheInsider for the support, ideas and for partnering on something new that will be released soon. *As of December 26. tryglasshouse.ai/state-of-in…

Rep. Michael Rulli, representing Ohio's 6th Congressional District, has disclosed new activity in publicly traded stocks in his latest financial disclosure, signed October 19, 2026. The filing reports two stock sales involving technology and financial services companies. Stocks Bought None Stocks Sold $GOOG (Alphabet Inc.) – Sold (partial or full) on 10/16/2026 $WSBC (WesBanco, Inc.) – Sold (partial or full) on 10/16/2026 Context Rep. Rulli serves on the House Energy and Commerce Committee and the House Education and Workforce Committee, creating potential jurisdictional overlaps with his disclosed transactions. $GOOG (Alphabet): This sale is directly tied to his committee work on the House Energy and Commerce Committee, particularly its Oversight and Investigations Subcommittee. Alphabet operates Google, YouTube, and other digital platforms subject to federal oversight involving consumer protection, data privacy, artificial intelligence, and technology regulation. $WSBC (WesBanco): WesBanco operates in banking and financial services. Its activities involving employee benefits, retirement accounts, and workplace financial services overlap with issues addressed by the House Education and Workforce Committee's Health, Employment, Labor, and Pensions Subcommittee. This creates a sector-related connection to his committee work, although banking supervision primarily falls under other congressional committees. Both sales were reported through a Merrill Lynch Roth IRA. The filing does not establish whether the transactions were influenced by committee responsibilities. Disclaimer AI-generated analysis. Verify all information manually.

Rep. Jonathan Jackson, representing Illinois's 1st Congressional District, has disclosed new activity in publicly traded stocks in his latest financial disclosure, signed October 19, 2026. The filing includes three purchases and three sales, with transactions involving technology, healthcare, consumer goods, energy, telecommunications, and retail companies. Stocks Bought $DDOG (Datadog, Inc.) – Purchased on 09/28/2026 $EL (The Estée Lauder Companies Inc.) – Purchased on 09/28/2026 $GH (Guardant Health, Inc.) – Purchased on 09/28/2026 Stocks Sold $TYG (Tortoise Energy Infrastructure Corporation) – Sold (full or partial unspecified) on 09/04/2026 $VSAT (Viasat, Inc.) – Sold (full or partial unspecified) on 09/28/2026 $WMT (Walmart Inc.) – Sold (full or partial unspecified) on 09/28/2026 Context Rep. Jackson serves on the House Agriculture Committee and House Foreign Affairs Committee, creating several sector overlaps with his disclosed transactions. $WMT (Walmart): This sale is directly tied to his work on the House Agriculture Committee, particularly the Nutrition and Foreign Agriculture Subcommittee. Walmart is a major food retailer participating in SNAP, a program subject to congressional agricultural oversight. $TYG (Tortoise Energy Infrastructure): This sale is directly connected to his committee work through the Agriculture Committee's jurisdiction over rural development and its energy-related economic interests. The fund invests in energy infrastructure companies. $VSAT (Viasat): This sale is directly tied to his work on the House Foreign Affairs Committee, particularly the Oversight and Intelligence Subcommittee. Viasat provides satellite communications technology used in defense, government, and international security operations. The purchases of Datadog, Estée Lauder, and Guardant Health do not demonstrate similarly clear sector-specific overlaps with his committee assignments. These connections reflect overlapping areas of committee jurisdiction, not evidence that the transactions were motivated by committee work. Disclaimer AI-generated analysis. Verify all information manually.

Rep. Laurel Lee, representing Florida's 15th Congressional District, has disclosed new activity in publicly traded stocks. Her latest financial disclosure, signed October 16, 2026, reports two transactions involving her spouse. Stocks Bought $NOK (Nokia Corporation) – Purchased on 09/18/2026 Stocks Sold $BAC (Bank of America Corporation) – Sold (partial or full) on 08/24/2026 Context $NOK (Nokia Corporation): This purchase is directly tied to Rep. Lee's committee work on the House Energy and Commerce Committee and the House Judiciary Subcommittee on Courts, Intellectual Property, Artificial Intelligence, and the Internet. Nokia develops telecommunications infrastructure, 5G networks, and related technologies, sectors that fall under the jurisdiction of these committees. $BAC (Bank of America Corporation): This sale does not appear directly related to Rep. Lee's committee assignments. Disclaimer AI-generated analysis. Verify all information manually.

Amazing…

🚨Political Trade Alert🚨 Rep. Michael McCaul has released a new financial disclosure. Highlights: $AMZN Amazon $4k - $60k $TSM Taiwan Semiconductor $1k - $15k Sold: $UBER Uber $15k - $50k

🚨Political Trade Alert🚨 Rep. David Tayor has released a new financial disclosure. Highlights: $T AT&T $1k - $15k Sold: $PG Procter & Gamble $1k - $15k

McCormick’s disclosure

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Korean stocks slump 6%, hit near three-month low Japan's Nikkei 225 fell more than 3% intraday; Kioxia dropped over 8%. South Korea's KOSPI slid for a seventh straight session, tumbling as much as 6% intraday to its lowest level since July 31. Semiconductor heavyweights led declines: Samsung Electronics down over 7%, SK Hynix down over 8%. The Korea Exchange activated a sidecar mechanism, suspending programmatic selling on the KOSPI.

Ok, it might be over folks. Anthropic revenue disclosure maps to ~5.8b in September revenue or 70b ARR which means August / September only increased by 2-3b ARR in each month. [There is no way that ARR is calculated using last day of the month as that would be more aggressive than anything I've ever seen out of companies this size (exception: Musk).] Worst monthly numbers by far this year. (Maybe some self-infliction from cleaning up distillation?). My rough math indicates OAI / ANT ARR monthly add softened from 16b in July to 10b in Aug to 9b in Sept. That is no bueno... Supportive of the view that either CAPEX is getting cut or pricing is going to weaken substantially.

I thought they’ll be printing trillions?

McClain’s disclosure: This one’s pretty interesting with several trades being done days before major news.

Hern’s disclosure:

Larsen’s disclosure:

Cisneros disclosure:

Starting the week with no new House disclosures…

So Russia is sending diesel. All of it together is about 9 days of U.S. supply. Prices might blink. The shortage will not? 🤔

🤨

Ro Khanna reported hundreds of trades

Rep. Tony Wied of Wisconsin’s 8th District has reported activity in publicly traded stocks in his latest financial disclosure. Wied has served in the House since January 2025. Clerk of the House Stocks Bought None Stocks Sold $NOW (ServiceNow, Inc.) – Sold (partial) on 09/17/2026 $TTD (The Trade Desk, Inc.) – Sold (partial) on 09/17/2026 $UPST (Upstart Holdings, Inc.) – Sold (partial) on 09/17/2026 $CMG (Chipotle Mexican Grill, Inc.) – Sold (partial) on 09/17/2026 Context $NOW and $TTD are directly tied to the member’s committee work on the House Small Business Committee, particularly the Innovation, Entrepreneurship, and Workforce Development Subcommittee. ServiceNow provides enterprise workflow and automation software, while The Trade Desk operates a digital advertising technology platform. Both operate in technology and innovation sectors relevant to the subcommittee’s work. $UPST is directly tied to the member’s committee work on the House Small Business Committee. Upstart operates an AI-powered lending marketplace, making the transaction relevant to entrepreneurship and access to financing for businesses. $CMG does not have a clear direct connection to the member’s committee assignments. Disclaimer AI-generated analysis. Verify all information manually.