This week in power × markets

the briefing · 2026-09-15

Congressional trading clustered heavily in defense and aerospace names that Washington itself is buying, while member portfolios kept circling back to Big Tech — with a notable Pelosi exit from Apple.

• Defense converged with policy: nine members traded $BA and five traded $LMT, both of which carry Federal Contract and Executive Action signals — the classic pattern of trading the names the government simultaneously funds and directs.
• On the consensus board, $MSFT drew 22 members (52 buys/38 sells) with 11 committee-sector overlaps, and $PG saw 12 members with 9 committee-sector overlaps — meaning members traded sectors their committees oversee.
• Notable filings: Nancy Pelosi disclosed a SELL of $AAPL ($5M–$25M), Chip Roy a BUY of $AESI ($5M–$25M), and Jefferson Shreve a SELL of $RILA ($5M–$25M).
• In insider land, AMD Chair, President & CEO Lisa Su logged 30 open-market sales of $AMD (~$94.4M), while Cascade Investment made 24 open-market purchases of $RSG (~$387.9M) — a rare buy amid a wall of C-suite selling.

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