I just saw something quite interesting. Previously, everyone said Nancy Pelosi was the stock market goddess of Capitol Hill, but now she’s been taken down by California Democratic Congressman Ro Khanna.

According to data shared by crypto entrepreneur Pompiliano, Khanna’s performance in AI-related investments is truly outstanding. From January last year to now, his AI trading strategy has outperformed the S&P 500 index by 112.1%, while Pelosi’s excess return in the same period was only 38.5%. That’s a huge gap.

Analysis from ProCap Insights shows that Khanna’s AI investment logic really captures something. It’s worth noting that Pelosi’s excess returns have long been considered the strongest among lawmakers, but now she’s been completely outperformed by a newcomer. Pompiliano directly wrote on X: “Nancy Pelosi, step aside. A new king of congressional trading has emerged.”

This incident actually reflects how hot AI has become in this market cycle. From Elon Musk’s previous focus on AI and new energy, it’s clear that the entire tech industry is betting on this direction. Khanna’s ability to start positioning in AI-related companies as early as January 2024 shows his forward-looking judgment on this track. Some say it’s insider trading, but based on the data, it looks more like a precise grasp of the AI trend.

However, this also raises an old question: should members of Congress be trading stocks at all? Especially when their returns are so exaggerated. Elon Musk also previously criticized various issues with American politicians on X, and Khanna’s AI investment performance to some extent validates why some people can earn more than ordinary investors.

Anyway, this new Capitol Hill stock market god has indeed crushed the S&P 500. From an AI perspective, this market trend may not be fully played out yet.