Brian Babin (R-TX) is somehow up +573% on his stock portfolio over the past year — how are these congress members doing this well?
Was digging through congressional trading disclosure data and the returns on some of these portfolios are wild. A few standouts from the last 12 months:
* **Brian Babin (R-House)** — +573.7% return, $310K portfolio, 12 trades
* **Ashley Moody (R-Senate)** — +279.0% return, $1.7M portfolio, 0 trades (so this is basically all from holdings, not active trading)
* **John Fetterman (D-Senate)** — +233.3% return, $120K portfolio, 24 trades
* **Roger Williams (R-House)** — +144.6% return, $250K portfolio
* **Steve Cohen (D-House)** — +136.2% return, $730K portfolio, 16 trades
What's interesting is the mix — some of these (like Moody) have zero trades and are just riding existing holdings, while others (Fetterman with 24 trades, Babin with 12) are more active. Makes you wonder how much of this is timing/information advantage vs. just being long tech/growth names during a good stretch for the market.
Anyone else follow this stuff? Curious if people think the STOCK Act actually does anything or if it's just for show at this point.