The Receipts
Individual trades that beat the S&P 500 by 15+ points and come with context: the member sat on a committee overseeing that industry, the trade landed days before market-moving news, the company receives federal program money, or the disclosure was filed late. Every line is a public fact. None of it is proof of wrongdoing — it's the paper trail.
11 receipts from 2026, strongest first. Repeat trades of the same stock by the same member are grouped.
Alan Armstrong R-OK
Bought $AMAT · Mar 27, 2026 · $15,001 - $50,000
+82.3pts vs S&P
90 days
90 days
- 6 days before: MATCH Act bill targets ASML chip-tool exports to China
- $AMAT is a named recipient of CHIPS Act ($4.0B)
- Disclosed 116 days after the buy — 71 days past the 45-day STOCK Act deadline
Ro Khanna D-CA
Bought $PANW · Mar 30, 2026 · $15,001 - $50,000
+97.6pts vs S&P
90 days
90 days
- Same day as: Ro Khanna child executes 154-trade rebalance - $2.6M in one day
- Filed as a child's trade
- +1 similar buy of $PANW also qualify
Ro Khanna D-CA
Bought $MCHP · Mar 23, 2026 · $15,001 - $50,000
+46.6pts vs S&P
90 days
90 days
- 7 days before: Ro Khanna child executes 154-trade rebalance - $2.6M in one day
- $MCHP is a named recipient of CHIPS Act ($162.0M)
- Filed as a spouse's trade
- +1 similar buy of $MCHP also qualify
Ro Khanna D-CA
Bought $KLAC · Mar 18, 2026 · $15,001 - $50,000
+46.6pts vs S&P
90 days
90 days
- 15 days before: MATCH Act bill targets ASML chip-tool exports to China
- $KLAC is a named recipient of CHIPS Act
- Filed as a child's trade
Alan Armstrong R-OK
Bought $ASML · Mar 30, 2026 · $50,001 - $100,000
+33.0pts vs S&P
90 days
90 days
- 3 days before: MATCH Act bill targets ASML chip-tool exports to China
- $ASML is a named recipient of CHIPS Act
- Disclosed 113 days after the buy — 68 days past the 45-day STOCK Act deadline
Ro Khanna D-CA
Bought $AMAT · Mar 10, 2026 · $15,001 - $50,000
+33.0pts vs S&P
90 days
90 days
- 23 days before: MATCH Act bill targets ASML chip-tool exports to China
- $AMAT is a named recipient of CHIPS Act ($4.0B)
- Filed as a spouse's trade
Michael McCaul R-TX
Sold $INTC · May 12, 2026 · $100,001 - $250,000
+24.1pts vs S&P
90 days
90 days
- 27 days before: Nancy Pelosi buys up to $5M of Intel 10 days before Google's 3 million-chip foundry order
- $INTC is a named recipient of CHIPS Act ($7.9B)
- Filed as a spouse's trade
Kevin Hern R-OK
Sold $ACN · Mar 16, 2026 · $250,001 - $500,000
+29.5pts vs S&P
90 days
90 days
- Same day as: Kevin Hern sells $2.4M in stocks in one week
Michael McCaul R-TX
Sold $CVX · Mar 23, 2026 · $15,001 - $50,000
+27.8pts vs S&P
90 days
90 days
- Same day as: Pre-dawn oil futures surge before Trump Iran announcement
- Filed as a spouse's trade
- +1 similar sale of $CVX also qualify
Ro Khanna D-CA
Bought $INTC · Apr 24, 2026 · $15,001 - $50,000
+17.8pts vs S&P
90 days
90 days
- 45 days before: Nancy Pelosi buys up to $5M of Intel 10 days before Google's 3 million-chip foundry order
- $INTC is a named recipient of CHIPS Act ($7.9B)
- Filed as a spouse's trade
Kevin Hern R-OK
Sold $PRGS · Mar 16, 2026 · $50,001 - $100,000
+20.9pts vs S&P
90 days
90 days
- Same day as: Kevin Hern sells $2.4M in stocks in one week
How a Trade Becomes a Receipt
We score every disclosed trade against the S&P 500 over the same days (see methodology). A trade lands here when it's worth $15,000+ (range midpoint), beat the market by at least 15 points — a buy that outran SPY, or a sale followed by the stock lagging — and at least one of these is true:
- The member holds a seat on a committee whose jurisdiction covers that sector (assignments from official rosters, not inferred). Rosters list current seats only, so this flag is limited to trades made since the current Congress began on Jan 3, 2025.
- A documented market-moving event for that company followed within 45 days.
- The company is a named recipient of a federal program.
- The trade was disclosed after the STOCK Act's 45-day deadline.