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.

16 receipts from 2024, strongest first. Repeat trades of the same stock by the same member are grouped.

Ro Khanna D-CA
Sold $INTC · Mar 20, 2024 · $50,001 - $100,000
+32.5pts vs S&P
90 days
  • Same day as: Khanna and Jackson chip-stock cluster trades around Intel CHIPS Act preliminary $8.5B memo
  • $INTC is a named recipient of CHIPS Act ($7.9B)
  • Filed as a spouse's trade
  • +1 similar sale of $INTC also qualify
Jonathan Jackson D-IL
Sold $INTC · Mar 13, 2024 · $15,001 - $50,000
+32.6pts vs S&P
90 days
  • 7 days before: Khanna and Jackson chip-stock cluster trades around Intel CHIPS Act preliminary $8.5B memo
  • $INTC is a named recipient of CHIPS Act ($7.9B)
Michael McCaul R-TX
Sold $ASML · Jun 20, 2024 · $50,001 - $100,000
+27.8pts vs S&P
90 days
  • 26 days before: Michael McCaul sells $350K TSM the day before Trump's Taiwan tariff remarks move chip stocks
  • $ASML is a named recipient of CHIPS Act
  • Filed as a spouse's trade
  • +1 similar sale of $ASML also qualify
Tommy Tuberville R-AL
Sold $INTC · May 13, 2024 · $100,001 - $250,000
+38.8pts vs S&P
90 days
  • $INTC is a named recipient of CHIPS Act ($7.9B)
  • Disclosed 814 days after the sale — 769 days past the 45-day STOCK Act deadline
  • +6 similar sales of $INTC also qualify
Ro Khanna D-CA
Sold $MU · Jun 18, 2024 · $15,001 - $50,000
+46.1pts vs S&P
90 days
  • $MU is a named recipient of CHIPS Act ($6.2B)
  • Filed as a spouse's trade
Nancy Pelosi D-CA
Sold $NVDA · Dec 31, 2024 · $1,000,001 - $5,000,000
+15.0pts vs S&P
90 days
  • 27 days before: Pre-DeepSeek AI/chip selloff: Senate freshman dumps NVDA, AMD, SMCI 5 days before $600B crash
  • Filed as a spouse's trade
Michael McCaul R-TX
Sold $INTC · Jan 19, 2024 · $15,001 - $50,000
+30.9pts vs S&P
90 days
  • $INTC is a named recipient of CHIPS Act ($7.9B)
  • Filed as a spouse's trade
Tommy Tuberville R-AL
Sold $CLF · May 13, 2024 · $100,001 - $250,000
+30.8pts vs S&P
90 days
  • Disclosed 814 days after the sale — 769 days past the 45-day STOCK Act deadline
  • +5 similar sales of $CLF also qualify
Michael McCaul R-TX
Sold $ACN · Mar 5, 2024 · $15,001 - $50,000
+29.3pts vs S&P
90 days
  • Disclosed 48 days after the sale — 3 days past the 45-day STOCK Act deadline
  • Filed as a spouse's trade
  • +1 similar sale of $ACN also qualify
Michael McCaul R-TX
Sold $ADBE · Mar 1, 2024 · $100,001 - $250,000
+24.1pts vs S&P
90 days
  • Disclosed 52 days after the sale — 7 days past the 45-day STOCK Act deadline
  • Filed as a spouse's trade
  • +1 similar sale of $ADBE also qualify
Lisa McClain R-MI
Sold $AMD · Oct 23, 2024 · $15,001 - $50,000
+24.7pts vs S&P
90 days
  • Disclosed 294 days after the sale — 249 days past the 45-day STOCK Act deadline
  • Filed as a spouse's trade
Michael McCaul R-TX
Sold $ADSK · Mar 5, 2024 · $15,001 - $50,000
+19.1pts vs S&P
90 days
  • Disclosed 48 days after the sale — 3 days past the 45-day STOCK Act deadline
  • Filed as a spouse's trade
  • +1 similar sale of $ADSK also qualify
Jonathan Jackson D-IL
Sold $LRCX · Aug 26, 2024 · $15,001 - $50,000
+16.6pts vs S&P
90 days
  • $LRCX is a named recipient of CHIPS Act
Michael McCaul R-TX
Sold $IBM · Mar 5, 2024 · $15,001 - $50,000
+17.4pts vs S&P
90 days
  • Disclosed 48 days after the sale — 3 days past the 45-day STOCK Act deadline
  • Filed as a spouse's trade
  • +1 similar sale of $IBM also qualify
Tommy Tuberville R-AL
Sold $CSX · Mar 12, 2024 · $15,001 - $50,000
+16.6pts vs S&P
90 days
  • Disclosed 876 days after the sale — 831 days past the 45-day STOCK Act deadline
Michael McCaul R-TX
Sold $INTU · Mar 5, 2024 · $15,001 - $50,000
+15.6pts vs S&P
90 days
  • Disclosed 48 days after the sale — 3 days past the 45-day STOCK Act deadline
  • Filed as a spouse's trade
  • +1 similar sale of $INTU also qualify

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: