Some of the biggest purchases included members on the House Oversight and Accountability Committee scooping up health care stocks in 435 separate transactions, buying financial services stocks in 328 separate transactions, and technology stocks in 272 separate transactions. The House Armed Services Committee saw similar conflicts, with members scooping up health care stocks in 392 separate transactions and financial services stocks in 277 separate transactions, according to data from Unusual Whales.
Representatives Ro Khanna, a California Democrat, and Michael McCaul, a Texas Republican, had the most eyebrow-raising activity. Khanna, who sits on the House Armed Services and House Oversight and Accountability committees, made 1,589 separate purchases in health care, financial services, technology, consumer cyclical, industrials, consumer defensive and real estate while selling nearly $26 million worth of other stocks. McCaul, meanwhile, purchased tech stocks in 142 separate transactions while sitting on the House Foreign Affairs and House Homeland Security committees. He also sold $10.4 million in technology stocks, $9.5 million in communication services, $9.2 million in financial services, $6.6 million in consumer cyclical, and $6.4 million in health care stocks.
