Eleven Financial Services Committee members report 101 trades in bank, payments and crypto stocks

By Rosalind Kerrow

WASHINGTON — Eleven members of the House Financial Services Committee, seven Republicans and four Democrats, have reported a combined 101 trades in 2025 and 2026 filings in shares of the banks, card networks, brokerages and crypto companies the committee oversees, according to a review of their periodic transaction reports by The Washington Inquisitor.

Based on the ranges members must use on the forms, the trades were worth between $241,101 and $1,865,000 in total. Most were small. Ninety-one of the 101 were reported in the lowest bracket, $1,001 to $15,000.

The review covered 18 stocks and funds: JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, Morgan Stanley, Charles Schwab, Visa, Mastercard, American Express, Capital One, U.S. Bancorp, PNC, BlackRock, Coinbase, Robinhood, PayPal and BlackRock’s iShares Bitcoin Trust. The committee writes the laws for banking, payments, securities and, this Congress, digital assets.

Members of Congress are allowed to own and trade individual stocks, including in industries their committees oversee, as long as they report the trades on time under the STOCK Act. None of the filings reviewed shows a finding by the Ethics Committee or any other body that a trade was improper.

Who traded

The details

McClain, the House Republican Conference chair, reported the most. All 32 trades were made by her spouse, split evenly between purchases and sales, and most were in 2025. They appear in filings including 20030891 and 20033446. McClain’s spouse trades frequently across many sectors. Her reports list more than 1,400 transaction lines since January 2025.

Gottheimer’s trades were made in a joint account, and 15 involved Visa. The largest was a sale of Goldman Sachs stock on April 9, 2026, reported at $15,001 to $50,000. Gottheimer is a cosponsor of two bills that would ban members from trading individual stocks, H.R. 5106 and H.R. 396, and he was one of four Democrats who voted for the Republican-led Stop Insider Trading Act in July.

Donalds, the Republican nominee for governor of Florida, reported trades in PayPal, Robinhood, Visa and JPMorgan by himself and his spouse between March 2025 and March 2026. Salazar bought Citigroup and Goldman Sachs shares on March 19, 2026 (20033993), and sold part of the positions on Sept. 24.

Committee Chairman French Hill reported one trade in the group, a sale of Wells Fargo stock on June 23, 2025. Fields bought Robinhood and JPMorgan shares in the summer of 2025 (20030472). Moore bought Coinbase and BlackRock.

Some of these members have filed late before, a matter of public record. The Inquisitor reported on Oct. 25 that McClain’s filings include hundreds of transactions reported after the STOCK Act’s 45-day deadline, and that 87 of Torres’s 155 reported trades were filed late (20034224). Late filers owe a $200 fee per report, which the Ethics Committee may waive.

How the review was done

The Inquisitor matched every 2025 and 2026 periodic transaction report on the House Clerk’s site against current Financial Services Committee rosters and counted lines in the 18 tickers. Repeated lines across amended reports were removed. Ranges were added together line by line, so the totals show the widest possible span, not an estimate of actual value. Senate filings were not included because the Senate’s electronic disclosure site could not be reached.

The Inquisitor is requesting comment from the offices of all 11 members, through the committee’s Democratic press office and the members’ published office contact lines and web forms. It is also seeking views from Better Markets, Americans for Financial Reform, the Cato Institute and the Blockchain Association. Responses will be added when received.