Sector

What Financial Services Stocks Is Congress Buying?

Financial services stocks appear in congressional trading disclosures from members across both chambers and both parties. The sector includes major banks (JPMorgan, Bank of America, Wells Fargo), investment firms (Goldman Sachs, Morgan Stanley), insurance companies, and payment processors. Members of the Senate Banking Committee and House Financial Services Committee have jurisdiction over bank regulation, the Fed, consumer protection, and financial stability — overlapping directly with stocks they may hold.

As of the latest filings, Capitol Trader has logged 884 financial services disclosures from 106 members — 39% purchases. The most-traded financial services ticker is JPM with 146 disclosures.

884

Total disclosures

106

Members trading

39%

% purchases

Most traded financial services tickers

Recent financial services disclosures

MemberTickerTypeAmount
BRK.BSale$1,001 - $15,000
BLKSale$1,001 - $15,000
BRK.BSale$1,001 - $15,000
BLKSale (Partial)$1,001 - $15,000
BRK.BSale$1,001 - $15,000
BRK.BPurchase$15,001 -
BACSale$1,001 - $15,000
BACSale (Partial)$1,001 - $15,000
FSVPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
LPLASale$1,001 - $15,000
MASale (Partial)$1,001 - $15,000
AXPPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
FSVPurchase$1,001 - $15,000
AXPPurchase$1,001 - $15,000
FSVPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
LPLAPurchase$1,001 - $15,000
LPLASale$1,001 - $15,000
FSVPurchase$1,001 - $15,000
FSVSale$1,001 - $15,000

Frequently asked questions

Which financial stocks do members of Congress trade most?

Major bank stocks (JPMorgan Chase, Bank of America, Wells Fargo) and diversified financial firms (Berkshire Hathaway, Goldman Sachs, Morgan Stanley) appear most frequently. Payment processors like Visa and Mastercard also show up regularly in disclosures.

Did Congress trade bank stocks around the SVB collapse?

The Silicon Valley Bank failure in March 2023 and the subsequent banking crisis generated scrutiny around congressional trading. Several members faced questions about their financial sector holdings during and after the crisis period. The STOCK Act disclosure database allows the public to examine the timing of those trades.

Which committees oversee financial sector regulation?

The Senate Banking, Housing, and Urban Affairs Committee and the House Financial Services Committee are the primary oversight bodies for banks, securities, and the Federal Reserve. Members of these committees who hold financial sector stocks face the most direct conflict-of-interest questions.

Do members of Congress trade financial stocks frequently?

Financial services is one of the most common sectors in congressional portfolios, partly because index funds and broadly diversified portfolios include large financial allocations. Individual stock trading in specific banks or financial institutions is more concerning than broad index exposure.