THE REFS BET
The refs bet. We keep score.

The Scoreboard

Members ranked by The Spread — how the timing of their disclosed transactions compares with simply holding the market over the same 90 trading days.

Read this before reading the table. Congress discloses transactions, not holdings — no share counts, no cost basis, no portfolio. A real portfolio return therefore cannot be computed from this data by anyone. What can be computed is timing: for each disclosed trade, the security's return over the next 90 trading days minus the S&P 500's return over the same span, signed by direction (a purchase gains from a rise, a sale from a decline avoided), weighted by the midpoint of the filed dollar range.

A wide spread means the disclosed trades were well timed. It is not proof of anything else. Small samples swing wildly, luck exists, and a member's broker or financial adviser may be making every decision. The full formula and its limits are on Methodology.

The baseline — all disclosed trades, everyone

+30 trading days -0.2% 30,513 trades
+90 trading days -0.2% 29,500 trades
+180 trading days +0.3% 28,190 trades

Across every priced transaction in the database, the average excess return is close to zero. Congressional trading as a whole does not beat the market by much in this data. The table below shows the distribution around that average — in both directions.

361 member-years match — 184 above the market, 176 below, averaging +0.1%.

#MemberChamberYear The SpreadTrades pricedDisclosed range totalDetail
1 Susie Lee Susie Lee D-NV House 2025 +31.3% 14 $2,110,007
2 Cleo Fields Cleo Fields D-LA House 2026 +25.8% 14 $1,005,507
3 Mark E. Green Mark E. Green R-TN House 2024 +16.8% 18 $2,013,009
4 Scott H. Peters Scott H. Peters D-CA House 2019 +14.9% 17 $234,009
5 Pete Sessions Pete Sessions R-TX House 2023 +13.4% 39 $865,617
6 Bob Gibbs Bob Gibbs R-OH House 2021 +12.5% 13 $153,007
7 Kelly Morrison Kelly Morrison D-MN House 2025 +11.5% 49 $779,525
8 Ron Wyden Ron Wyden D-OR Senate 2021 +10.8% 30 $1,091,015
9 Peter Welch Peter Welch D-VT Senate 2020 +10.1% 13 $104,007
10 Lisa C. McClain Lisa C. McClain R-MI House 2024 +9.4% 55 $1,505,028
11 Cynthia Axne Cynthia Axne D-IA House 2019 +9.2% 45 $360,023
12 Dan Sullivan Dan Sullivan R-AK Senate 2022 +8.7% 59 $594,530
13 Earl Blumenauer Earl Blumenauer D-OR House 2021 +8.7% 15 $120,008
14 Thomas H. Kean, Jr. Thomas H. Kean, Jr. R-NJ House 2026 +8.7% 11 $186,006
15 Tommy Tuberville Tommy Tuberville R-AL Senate 2024 +8.6% 199 $5,434,600
16 Nancy Pelosi Nancy Pelosi D-CA House 2024 +8.3% 12 $35,800,006
17 Nancy Pelosi Nancy Pelosi D-CA House 2021 +8.3% 16 $18,150,008
18 Sheldon Whitehouse Sheldon Whitehouse D-RI Senate 2026 +8.0% 11 $112,506
19 Byron Donalds Byron Donalds R-FL House 2026 +7.9% 16 $128,008
20 Mike Gallagher Mike Gallagher R-WI House 2020 +7.8% 24 $265,512
21 Donald S. Beyer, Jr. Donald S. Beyer, Jr. D-VA House 2019 +7.6% 136 $1,088,068
22 Thomas R. Carper Thomas R. Carper D-DE Senate 2019 +7.2% 15 $120,008
23 Peter Welch Peter Welch D-VT Senate 2019 +7.0% 12 $96,006
24 Kevin Hern Kevin Hern R-OK House 2020 +6.8% 86 $1,241,546
25 Morgan McGarvey Morgan McGarvey D-KY House 2024 +6.6% 18 $168,509
26 John H. Rutherford John H. Rutherford R-FL House 2020 +6.2% 15 $113,008
27 Bob Gibbs Bob Gibbs R-OH House 2020 +6.2% 13 $191,508
28 Steve Cohen Steve Cohen D-TN House 2020 +6.2% 39 $361,020
29 Van Taylor Van Taylor R-TX House 2020 +6.1% 15 $2,896,508
30 John W. Hickenlooper John W. Hickenlooper D-CO Senate 2025 +6.1% 18 $3,706,009
31 Gerald E. Connolly Gerald E. Connolly D-VA House 2021 +6.1% 10 $104,505
32 Greg Landsman Greg Landsman D-OH House 2025 +6.0% 52 $1,358,026
33 Shelley Moore Capito Shelley Moore Capito R-WV Senate 2025 +6.0% 63 $626,532
34 John Hoeven John Hoeven R-ND Senate 2018 +6.0% 10 $652,505
35 Shri Thanedar Shri Thanedar D-MI House 2023 +6.0% 19 $550,510
36 Pete Ricketts Pete Ricketts R-NE Senate 2023 +5.9% 21 $2,775,011
37 Deborah K. Ross Deborah K. Ross D-NC House 2021 +5.8% 16 $471,509
38 Rick Larsen Rick Larsen D-WA House 2024 +5.7% 10 $80,005
39 Scott Franklin Scott Franklin R-FL House 2022 +5.6% 13 $318,007
40 Richard McCormick Richard McCormick R-GA House 2025 +5.5% 30 $240,015
41 John A. Yarmuth John A. Yarmuth D-KY House 2020 +5.4% 62 $538,032
42 Maria Elvira Salazar Maria Elvira Salazar R-FL House 2026 +5.4% 13 $300,007
43 Virginia Foxx Virginia Foxx R-NC House 2023 +5.4% 29 $372,515
44 Virginia Foxx Virginia Foxx R-NC House 2025 +5.3% 18 $376,009
45 Susan A. Davis Susan A. Davis D-CA House 2020 +5.2% 13 $282,507
46 Rick W. Allen Rick W. Allen R-GA House 2020 +5.1% 45 $1,452,023
47 John James John James R-MI House 2024 +5.0% 146 $1,185,558
48 Scott Franklin Scott Franklin R-FL House 2023 +4.9% 49 $1,815,525
49 Donald S. Beyer, Jr. Donald S. Beyer, Jr. D-VA House 2022 +4.8% 59 $1,053,530
50 David P. Joyce David P. Joyce R-OH House 2017 +4.8% 11 $186,006
51 Thomas H. Kean, Jr. Thomas H. Kean, Jr. R-NJ House 2025 +4.7% 46 $637,523
52 Tom Malinowski Tom Malinowski D-NJ House 2021 +4.7% 31 $664,517
53 Brian J. Mast Brian J. Mast R-FL House 2019 +4.7% 14 $371,509
54 Bill Cassidy Bill Cassidy R-LA Senate 2018 +4.6% 14 $112,007
55 Cleo Fields Cleo Fields D-LA House 2025 +4.5% 156 $18,098,578
56 Dwight Evans Dwight Evans D-PA House 2019 +4.4% 13 $104,007
57 William R. Timmons IV William R. Timmons IV R-SC House 2020 +4.4% 17 $136,009
58 John R. Curtis John R. Curtis R-UT Senate 2020 +4.4% 59 $682,531
59 David Perdue David Perdue R-GA Senate 2018 +4.4% 35 $1,037,518
60 Tommy Tuberville Tommy Tuberville R-AL Senate 2025 +4.3% 27 $846,514
61 Dwight Evans Dwight Evans D-PA House 2025 +4.2% 20 $184,510
62 J. French Hill J. French Hill R-AR House 2023 +4.2% 10 $588,505
63 Ashley Moody Ashley Moody R-FL Senate 2025 +4.2% 19 $1,827,510
64 Ritchie Torres Ritchie Torres D-NY House 2025 +4.2% 56 $448,028
65 Jonathan L. Jackson Jonathan L. Jackson D-IL House 2026 +4.1% 22 $767,511
66 Shelley Moore Capito Shelley Moore Capito R-WV Senate 2022 +4.0% 40 $344,520
67 Mark E. Green Mark E. Green R-TN House 2021 +4.0% 89 $18,519,046
68 Kelly Loeffler Kelly Loeffler R-GA Senate 2020 +4.0% 327 $117,483,664
69 James Comer James Comer R-KY House 2025 +3.9% 38 $304,019
70 Markwayne Mullin Markwayne Mullin R-OK Senate 2024 +3.9% 69 $1,488,035
71 David B. McKinley David B. McKinley R-WV House 2018 +3.8% 64 $1,377,534
72 John W. Hickenlooper John W. Hickenlooper D-CO Senate 2023 +3.8% 21 $2,493,011
73 Richard McCormick Richard McCormick R-GA House 2026 +3.8% 16 $128,008
74 Byron Donalds Byron Donalds R-FL House 2025 +3.7% 104 $832,052
75 Bob Gibbs Bob Gibbs R-OH House 2019 +3.7% 15 $186,445
76 Donald S. Beyer, Jr. Donald S. Beyer, Jr. D-VA House 2021 +3.6% 82 $687,542
77 Alan S. Lowenthal Alan S. Lowenthal D-CA House 2021 +3.6% 103 $1,122,433
78 Thomas R. Suozzi Thomas R. Suozzi D-NY House 2018 +3.4% 52 $1,297,527
79 Thomas H. Kean, Jr. Thomas H. Kean, Jr. R-NJ House 2023 +3.4% 18 $364,509
80 Katherine M. Clark Katherine M. Clark D-MA House 2021 +3.2% 70 $584,535
81 Mark E. Green Mark E. Green R-TN House 2022 +3.1% 27 $6,693,514
82 Susan W. Brooks Susan W. Brooks R-IN House 2020 +3.1% 11 $88,006
83 Peter Meijer Peter Meijer R-MI House 2021 +3.1% 225 $4,081,194
84 Josh Gottheimer Josh Gottheimer D-NJ House 2025 +3.0% 316 $19,528,658
85 Bradley Scott Schneider Bradley Scott Schneider D-IL House 2019 +3.0% 39 $9,365,022
86 Bill Cassidy Bill Cassidy R-LA Senate 2019 +2.9% 12 $96,006
87 Dwight Evans Dwight Evans D-PA House 2022 +2.9% 11 $88,006
88 Rick Larsen Rick Larsen D-WA House 2021 +2.9% 12 $96,006
89 K. Michael Conaway K. Michael Conaway R-TX House 2020 +2.7% 133 $4,850,068
90 Zoe Lofgren Zoe Lofgren D-CA House 2020 +2.6% 60 $480,030
91 Rick Larsen Rick Larsen D-WA House 2025 +2.6% 16 $128,008
92 Bill Flores Bill Flores R-TX House 2019 +2.6% 82 $1,182,041
93 Marjorie Taylor Greene Marjorie Taylor Greene R-GA House 2022 +2.5% 21 $315,011
94 Ron Wyden Ron Wyden D-OR Senate 2020 +2.5% 186 $7,846,593
95 Thomas H. Kean, Jr. Thomas H. Kean, Jr. R-NJ House 2024 +2.5% 17 $136,009
96 George Whitesides George Whitesides D-CA House 2025 +2.4% 28 $3,035,514
97 Pat Roberts Pat Roberts R-KS Senate 2018 +2.3% 17 $392,509
98 Nancy Pelosi Nancy Pelosi D-CA House 2020 +2.3% 31 $33,775,016
99 Mikie Sherrill Mikie Sherrill D-NJ House 2019 +2.3% 86 $613,798
100 Chris Jacobs Chris Jacobs R-NY House 2022 +2.2% 48 $531,024

Only transactions in securities we have price history for can be scored, and a member-year needs at least three of them to appear at all. Members whose trades are in funds, bonds, or unlisted assets are therefore absent — absence from this table is not a clean record, and presence on it is not an accusation. Definitions: The Spread.