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38,000 trades, one congress household. BIG questions
A 239 page complaint is raising serious questions after a US Congressman’s household reportedly disclosed 38,000 stock trades worth $631M+ while overseeing AI, semiconductors, defense, healthcare & China policy.
Allegations claim $28M in above market gains tied to trades around major policy events + 624 late STOCK Act filings + heavy positioning in sectors directly linked to committee oversight.
AI boom → Nvidia exposure
Chip policy debates → semiconductor trades
Defense oversight → contractor positions
Healthcare regulation → sector timing
It's definitely illegal for them to trade.
But what's more illegal is these manipulators allow themselves to trade and punish others who disobey.
No charges and formal probe yet.
How much of this is coincidence and how much is structural advantage?