Rep. Alan Lowenthal (D-Calif.) appears to be the biggest stock trader in Congress, filing more than one report a week detailing his trading activity, according to a LegiStorm analysis of members' personal financial disclosures.
So far this year Lowenthal has filed 65 reports with the House Clerk's office. His busiest month was March, when he filed 15 transactions as required by the STOCK Act.
The Act does not require disclosure of who does the trading, whether the member, a family member or a professional trader. Most of the trades involve Lowenthal's wife's account. Of the 65 reports filed, 19 of them include a total of 35 joint transactions made by Lowenthal and his spouse, while the remaining 46 reports include transactions made only by his spouse.
Lowenthal's disclosure indicates the couple has assets totaling between $1.4 million and $5.3 million. The vast majority of assets reported, including all stock transactions that occurred in 2020, are listed as being owned by Lowenthal's spouse.
In a tie for second for most active traders are Reps. Earl Blumenauer (D-Ore.) and Mark Green (R-Tenn.), each of whom have filed 18 reports. Third is Rep. Susie Lee (D-Nev.) with 14 reports filed, and tied for fourth are Reps. Suzan DelBene (D-Wash.), Kevin Hern (R-Okla.), Michael McCaul (R-Texas) and Kurt Schrader (D-Ore.), who have each filed 12 reports. Sen. Tom Carper (D-Del.) has filed the most reports of any senator this year, with 11 reports filed.
