# Which member of Congress will have the biggest returns in 2025?

In 2025

Updated: April 28, 2026

Category: Politics

Tags: Congress

HTML: /markets/politics/congress/which-member-of-congress-will-have-the-biggest-returns-in-2025/

## Short Answer

**Key takeaway.** The **model** identifies David Kustoff as the most likely member of Congress to achieve the biggest returns in 2025, assigning a significantly higher **probability** of **41.1%** compared to the **market**'s **18.0%**.

## Key Claims (January 2026)

**- - Nancy Pelosi's portfolio demonstrated a 91% return over one year.** - Her husband's frequent, substantial trades drive significant portfolio surges.
- Representative McCaul holds significant NVIDIA stock and key committee positions.
- No high-impact, binary 2025 catalysts identified for any member's portfolio.
- Research could not definitively identify one member with most frequent profitable trades.

### Why This Matters (GEO)

- AI agents extract claims, not arguments.
- Improves citation probability in summaries and answer cards.
- Enables fact stitching across multiple sources.

## Executive Verdict

**Key takeaway.** **Model**'s **5.4%** for Pelosi implies 47.6x payout at 2c, based on her past **91%** portfolio returns.

### Who Wins and Why

| Outcome | Market | Model | Why |
| --- | --- | --- | --- |
| Nancy Pelosi | 4.0% | 15.1% | Past portfolio returns demonstrate a high-conviction strategy and substantial gains from strategic trades. |
| Larry Bucshon | 5.0% | 12.6% | Strategic investments in key sectors may position his portfolio for strong growth in 2025. |
| Debbie Wasserman-Schultz | 5.0% | 12.6% | A diversified portfolio is poised to capture broad market gains and mitigate sector-specific risks. |

## Model vs Market

| Outcome | Market Probability | Octagon Model Probability |
| --- | --- | --- |
| Nancy Pelosi | 4.0% | 15.1% |
| Larry Bucshon | 5.0% | 12.6% |
| Debbie Wasserman-Schultz | 5.0% | 12.6% |
| David Rouzer | 2.1% | 5.4% |
| David Kustoff | 18.0% | 41.1% |
| Morgan McGarvey | 1.1% | 2.9% |
| Ron Wyden | 1.0% | 2.6% |
| Roger Williams | 1.0% | 2.6% |
| Pete Sessions | 1.0% | 2.6% |
| Susan Collins | 1.0% | 2.6% |

- Expiration: December 31, 2026

## Market Behavior & Price Dynamics

This market has experienced a significant and decisive downward trend. After opening at a 35.0% probability, the price saw a peak of 62.0% before a dramatic collapse. The most significant price movement occurred on April 23, 2026, when the contract's value plummeted by 59.9 percentage points, falling from 62.0% to its current price of 2.1%. This drop effectively erased all previous gains and established an overwhelmingly bearish outlook.

The cause of this price collapse appears directly tied to the market's resolution criteria. The market is set to resolve based on 2025 data, but the price drop occurred in April 2026. This timing strongly suggests the crash reflects the market settling after the official outcome became known and confirmed that this member of Congress did not have the highest returns. The total traded volume is extremely low at just 71 contracts, indicating very limited liquidity. In such an illiquid market, the price action prior to resolution likely reflected the speculation of a very small number of traders, and the final drop represents the definitive conclusion rather than a reaction to news.

Market sentiment has shifted from speculative optimism to definitive certainty of a negative outcome. The peak of 62.0% can be viewed as the high-water mark for speculative belief, acting as a major resistance level that was ultimately rejected by the market's final result. The current price of 2.1% is the new support level, reflecting a near-zero probability of a "YES" resolution. The chart indicates a market that remained speculative throughout the trading period before collapsing to its fundamental value upon resolution.

## Significant Price Movements

#### 📉 April 23, 2026: 59.9pp drop

Price decreased from 62.0% to 2.1%

**Outcome:** David Rouzer

**What happened:** No supporting research available for this anomaly.

## Contract Snapshot

For a specific member of Congress, the market resolves to Yes if they achieve the highest percentage return on their assets in 2025, calculated from their annual financial disclosure reports (OGE Form 278e) and using midpoint estimations for asset ranges (with open-ended categories assigned $50,000,001); otherwise, it resolves to No. The market opened on May 10, 2025, and will close upon the outcome's occurrence or by December 31, 2026, at 10:00 AM EST, with payouts projected 30 minutes after closing.

## Market Discussion

Traders express significant frustration regarding the market's design, particularly the protracted resolution timeline extending to 2027 for 2025 returns and the inclusion of members who left Congress early in 2025. Arguments for a "Yes" outcome for specific members often rely on their documented high portfolio returns in prior years, such as Nancy Pelosi and David Rouzer, and a general observation that some politicians achieve substantial gains. However, there's no clear consensus on a single winner, with discussions primarily questioning the market's chosen candidates and resolution structure rather than directly debating future performance.

## Market Data

| Contract | Yes Bid | Yes Ask | Last Price | Volume | Open Interest |
| --- | --- | --- | --- | --- | --- |
| David Kustoff | 0.2% | 15% | 18% | $891 | $690 |
| David Rouzer | 1.1% | 83% | 2.1% | $1,061 | $527 |
| Debbie Wasserman-Schultz | 1.1% | 13% | 5% | $1,081 | $979 |
| Larry Bucshon | 0.1% | 2% | 5% | $1,157 | $1,157 |
| Morgan McGarvey | 1.1% | 30% | 1.1% | $383 | $235 |
| Nancy Pelosi | 0.3% | 4% | 4% | $3,024 | $1,238 |
| Pete Sessions | 0.1% | 19% | 1% | $105 | $105 |
| Roger Williams | 0.1% | 19% | 1% | $105 | $105 |
| Ron Wyden | 0.1% | 28% | 1% | $105 | $105 |
| Susan Collins | 0.1% | 19% | 1% | $105 | $105 |

## How Has Nancy Pelosi's Portfolio Outperformed the S&P 500?

Pelosi 1-Year Return | 91% [[^]](https://finbold.com/nancy-pelosis-portfolio-is-up-91-in-a-year-heres-what-she-holds/) |
Ed Case Estimated Monthly Loss | $148.7K [[^]](https://www.quiverquant.com/news/Net+Worth+Update%3A+Representative+Ed+Case+Lost+an+Estimated+%24148.7K+in+the+Stock+Market+Last+Month) |
US Politicians 2024 Performance | Outperformed Wall Street returns [[^]](https://financesaathi.com/news_details/us-politicians-beat-wall-street-returns-in-2024-reveals-unusual-whales-report) |

**Nancy Pelosi's investment strategy yielded significant outperformance against the S&P 500**

Nancy Pelosi's investment strategy yielded significant outperformance against the S&P 500. Her portfolio recorded a notable **91%** return over a single year, a gain largely attributed to a high-conviction trading approach [[^]](https://finbold.com/nancy-pelosis-portfolio-is-up-91-in-a-year-heres-what-she-holds/). This strategy involves focused investments where specific holdings directly contribute to her success, as consistently highlighted across various reports detailing her ability to achieve outsized returns [[^]](https://finbold.com/nancy-pelosis-stock-portfolio-performance-in-2024/).

Pelosi's success contrasts with some peers, yet aligns with broader political outperformance. While US politicians collectively outperformed Wall Street returns in 2024 [[^]](https://financesaathi.com/news_details/us-politicians-beat-wall-street-returns-in-2024-reveals-unusual-whales-report), Nancy Pelosi stands out among them. Her consistent high-performing stock trades and high-conviction strategy have frequently led to her recognition as a top congressional trader [[^]](https://www.youtube.com/shorts/XeZ4Oed5c_w). This focused approach differs from other congressional members, such as Representative Ed Case, who reportedly experienced an estimated loss of **$148.7**K in the stock **market** during a recent month [[^]](https://www.quiverquant.com/news/Net+Worth+Update%3A+Representative+Ed+Case+Lost+an+Estimated+%24148.7K+in+the+Stock+**Market**+Last+Month).

## What are McCaul's Portfolio Concentrations and Policy Catalysts for 2025?

NVIDIA Holdings | Estimated $974,705 (NVDA) [[^]](https://www.congressstock.com/politicians/michael-t-mccaul) |
Committee Roles | Chairman of House Foreign Affairs, Member of House Homeland Security [[^]](https://mccaul.house.gov/about/committees-and-caucuses), [[^]](https://en.wikipedia.org/wiki/Michael_McCaul), [[^]](https://www.govtrack.us/congress/person.xpd?id=400654) |
Catalytic Sectors | Semiconductor, AI, Energy [[^]](https://www.energy.gov/sites/default/files/2025-10/403%20Large%20Loads%20Letter.pdf?stream=top) |

**Representative Michael McCaul holds significant investments in key technology sectors**

Representative Michael McCaul holds significant investments in key technology sectors. His substantial investment in NVIDIA, estimated at **$974,705,** concentrates a significant portion of his portfolio in the semiconductor and artificial intelligence (AI) industries [[^]](https://www.congressstock.com/politicians/michael-t-mccaul). These sectors are poised for intense legislative and regulatory scrutiny, particularly given his influential positions as Chairman of the House Foreign Affairs Committee and a member of the House Homeland Security Committee [[^]](https://mccaul.house.gov/about/committees-and-caucuses), [[^]](https://en.wikipedia.org/wiki/Michael_McCaul), [[^]](https://www.govtrack.us/congress/person.xpd?id=400654). These committees frequently address critical issues such as technology export controls, supply chain resilience, and the national security implications of advanced technologies. All these policy areas directly affect companies like NVIDIA, and global focus on semiconductor dominance and AI development indicates a high **probability** of legislative and regulatory catalysts in 2025.

The energy sector presents additional legislative and regulatory catalysts. This sector is critical for powering data centers, which are essential infrastructure for AI. Regulatory activities, such as the Department of Energy's "Large Loads Letter" dated October 2025, highlight potential upcoming policies related to significant energy consumption [[^]](https://www.energy.gov/sites/default/files/2025-10/**403%**20Large%20Loads%20Letter.pdf?stream=top). While this letter primarily concerns energy policy, the substantial power demands of AI and data centers create an indirect link to the growth and regulatory environment of technology companies like NVIDIA. Therefore, Congressman McCaul's committee roles place him at the intersection of national security, technology policy, and the energy policy implications of the tech sector, aligning his holdings with areas expected to experience considerable legislative and regulatory activity in 2025.

## Does Paul Pelosi's Finance Background Explain His Trading Success?

Trading Activity | Significant and frequent options trading and investments [[^]](https://www.capitoltrades.com/articles/financial-moves-nancy-pelosi-s-husband-discloses-significant-trades-2024-07-04) |
Portfolio Gains | Up to $42.5 million [[^]](https://allchronology.com/2025/06/21/nancy-pelosis-portfolio-surges-again-raking-in-up-to-42-5m-amid-renewed-calls-to-ban-congressional-stock-trading/) |
Professional Finance Background | Not explicitly detailed in research [[^]](https://www.capitoltrades.com/articles/financial-moves-nancy-pelosi-s-husband-discloses-significant-trades-2024-07-04) |

**Paul Pelosi's frequent trading yielded substantial gains and drew public scrutiny**

Paul Pelosi's frequent trading yielded substantial gains and drew public scrutiny. As the husband of Congresswoman Nancy Pelosi, his financial disclosures consistently reveal significant and frequent options trading and investments [[^]](https://www.capitoltrades.com/articles/financial-moves-nancy-pelosi-s-husband-discloses-significant-trades-2024-07-04). These trading activities have resulted in considerable portfolio growth, with reported gains potentially reaching up to **$42.5** million, notably including a significant sale of Nvidia stock [[^]](https://allchronology.com/2025/06/21/nancy-pelosis-portfolio-surges-again-raking-in-up-to-42-5m-amid-renewed-calls-to-ban-congressional-stock-trading/). The extensive volume and regularity of these transactions have attracted widespread public and media attention, thereby intensifying ongoing discussions regarding stock trading practices among members of Congress and their immediate families [[^]](https://allchronology.com/2025/06/21/nancy-pelosis-portfolio-surges-again-raking-in-up-to-42-5m-amid-renewed-calls-to-ban-congressional-stock-trading/).

His professional financial background and advantage remain undetailed in research. While numerous sources comprehensively document Paul Pelosi's investment activities and their financial outcomes [[^]](https://www.capitoltrades.com/articles/financial-moves-nancy-pelosi-s-husband-discloses-significant-trades-2024-07-04), the provided research does not explicitly detail his professional background in finance. Therefore, the available information does not directly establish whether he possesses documented professional financial expertise that could provide a distinct informational or analytical advantage specifically linked to his spouse's congressional role [[^]](https://www.capitoltrades.com/articles/financial-moves-nancy-pelosi-s-husband-discloses-significant-trades-2024-07-04). The research primarily focuses on the volume and financial impact of his investments rather than his specific professional qualifications or their potential contribution to such an advantage [[^]](https://www.capitoltrades.com/articles/financial-moves-nancy-pelosi-s-husband-discloses-significant-trades-2024-07-04).

## Which Member of Congress Most Frequently Makes Profitable Trades?

Highest individual profit identified | Rep. Tina Smith (D-MN) with 27% on TCMD [[^]](https://www.capitoltrades.com/buzz/rep-tina-smith-s-100k-bet-on-tactile-systems-pays-off-with-27-surge-2024-11-27) |
Example of general congressional trade | Raytheon (RTX) post $1 billion Air Force contract [[^]](https://finbold.com/monster-insider-trading-alert-for-raytheon-stock-as-rtx-lands-1b-air-force-contract/) |
Conclusion on most frequent trader | No single member identified due to insufficient data (Research analysis) [[^]](https://www.congressedge.com/top-10-traders) |

**No single member’s most frequent profitable trading pattern is definitively identified**

No single member’s most frequent profitable trading pattern is definitively identified. While the research highlights several instances of profitable stock trades by members of Congress in 2024, it lacks sufficient comparative data to definitively identify which single member exhibits the most frequent pattern of buying securities that subsequently experience greater than **10%** positive price moves post-event. A notable example involved Representative Tina Smith (D-MN), whose investment in Tactile Systems (TCMD), a medical device company, saw a **27%** price surge in 2024, successfully meeting the >**10%** threshold [[^]](https://www.capitoltrades.com/buzz/rep-tina-smith-s-100k-bet-on-tactile-systems-pays-off-with-27-surge-2024-11-27).

General reports indicate broad congressional involvement in profitable contract-linked trades. Other reports generally indicate "Congress members" participating in profitable trades tied to federal contracts. For instance, congressional insider trading alerts were issued for Raytheon (RTX) stock following its acquisition of a **$1** billion Air Force contract [[^]](https://finbold.com/monster-insider-trading-alert-for-raytheon-stock-as-rtx-lands-1b-air-force-contract/). Additionally, "Congress members" reportedly purchased an unnamed stock "relentlessly" prior to a significant **$3** billion contract award [[^]](https://finbold.com/congress-members-relentlessly-purchased-this-stock-before-major-3-billion-contract/).

Detailed individual transaction histories are lacking for comparative analysis. However, these general mentions do not attribute a recurring pattern of such profitable trading events to a specific individual across various committees or multiple trades. The available sources do not provide the detailed transaction histories and event correlations for numerous members needed to determine who, if anyone, demonstrates the most frequent pattern of such profitable trading within the stipulated 30-day window of key events.

## Can Congressional Portfolios With Specific 2025 Catalysts Be Identified?

Definitive Identification | Not possible to identify a member with >15% exposure and clear 2025 catalyst (Web research) [[^]](https://www.lambdafin.com/articles/what-stocks-does-congress-own) |
Portfolio Disclosure Detail | Disclosures use value ranges, making exact percentage calculations difficult [[^]](https://disclosures-clerk.house.gov/public_disc/financial-pdfs/2024/10068654.pdf) |
Noted 2025 Congressional Trade | Rep. Gilbert Ray Cisneros, Jr. traded GE Vernova Inc. common stock in December 2025 [[^]](https://www.quiverquant.com/congresstrading/trade/House-C001123-1918) |

**Identifying high-exposure portfolios with 2025 catalysts is not possible**

Identifying high-exposure portfolios with 2025 catalysts is not possible. Based on available web research, it is not possible to definitively identify an individual member of Congress whose portfolio has over **15%** exposure to a single company with a clear, binary, and high-impact catalyst specifically scheduled for 2025. The provided sources do not detail such specific catalysts for any company, nor do they provide comprehensive individual portfolio value breakdowns that would allow for precise percentage calculations to confirm the ">**15%** of total value" criterion. While detailed financial disclosures exist for members, such as Representative Chip Roy [[^]](https://www.legistorm.com/pfd_office/member/Rep_Chip_Roy/3257.html), these documents typically list assets in value ranges rather than precise figures, which makes exact percentage calculations of a single stock's proportion within a total portfolio difficult without further granular data [[^]](https://disclosures-clerk.house.gov/public_disc/financial-pdfs/2024/10068654.pdf).

Portfolio value ranges hinder precise percentage calculations of single-company exposure. The available sources, which include various congressional trading reports for 2025 [[^]](https://www.lambdafin.com/articles/what-stocks-does-congress-own), primarily focus on trade activity and general holdings rather than prospective company-specific catalysts like FDA PDUFA dates, patent lawsuit verdicts, or pending merger approvals scheduled for 2025. One specific transaction noted for 2025 involves Representative Gilbert Ray Cisneros, Jr., who traded GE Vernova Inc. common stock on December 19, 2025 [[^]](https://www.quiverquant.com/congresstrading/trade/House-C001123-1918). However, the sources do not provide sufficient information to determine if this holding constitutes over **15%** of his total portfolio value, nor do they specify any clear, binary, high-impact catalysts scheduled for GE Vernova in 2025 [[^]](https://www.quiverquant.com/congresstrading/trade/House-C001123-1918). Therefore, while a trade in 2025 is identified, the critical conditions regarding portfolio exposure and a scheduled binary catalyst cannot be confirmed from the provided information.

## What Could Change the Odds

**Key takeaway.** Catalyst analysis unavailable.

## Key Dates & Catalysts

- **Expiration:** December 31, 2026
- **Closes:** December 31, 2026

## Decision-Flipping Events

- Catalyst analysis unavailable.

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## Historical Resolutions

No historical resolution data available for this series.

## Disclaimer

This content is for informational and educational purposes only and does not constitute financial, investment, legal, or trading advice.
Prediction markets involve risk of loss. Past performance does not guarantee future results.
We are not affiliated with Kalshi or any prediction market platform. Market data may be delayed or incomplete.

### Data Sources & Model Transparency

**Data Sources:** Octagon Deep Research aggregates information from multiple sources including news, filings, and market data.

**Freshness:** Analysis is generated periodically and may not reflect the latest developments. Verify critical information from primary sources.