This week in power × markets

the briefing · 2026-08-11

Congress's most-traded names keep landing where members hold committee oversight, while the day's insider tape is dominated by billions in open-market selling — including a nearly $4 billion unload of $PRMB.

• $MSFT led congressional activity with 23 members trading (46 buys, 32 sells) and 9 committee-sector overlaps, followed by $AAPL (22 members, 6 overlaps) and $GOOGL (11 members, 4 overlaps) — where members trade sectors their committees oversee.
• Eight convergence tickers pair member trading with policy signals: $UNH saw 11 members trade against a Federal Contract signal (and 28 buys to 11 sells), $BA drew 8 members plus a Federal Contract signal, and $ICE drew 5 members alongside CFTC and SEC signals.
• Insiders dumped in bulk on 2026-08-10: ~$3.98B of $PRMB (Lee Tony W, Orcp Iii De Topco), ~$2.87B of $INVX (Amberjack Capital, Innovex Co-Invest) — which also carried an 8-K and 1 congressional trader — and ~$981M of $CHYM including CEO Britt Christopher R.
• Notable member filings: Nancy Pelosi disclosed an $AAPL sale of $5M–$25M, Chip Roy bought $AESI ($5M–$25M), and Jefferson Shreve sold $RILA ($5M–$25M).

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