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Retail investors love tracking what members of Congress are buying and selling. Sometimes it's just a boring portfolio move. Other times, it looks like something more.
A recent flurry of trades by Rep. April McClain Delaney (D-Md.) falls squarely into the second category.
According to disclosures on the MarketDash Government Trades page, Delaney made multiple stock purchases in April. Among them: $1,000 to $15,000 worth of shares in Nasdaq Inc (NDAQ), the exchange operator and financial technology company.
That might not sound like much, but it's the 11th time Delaney has bought Nasdaq stock over the last two years. She's purchased it eight times so far in 2026, each time in that $1,000-to-$15,000 range. In 2025, she bought it three times — two of those purchases were in the $15,000-to-$50,000 range, and one was in the smaller bracket.
That's a lot of Nasdaq.
Buying the same stock over and over can raise eyebrows. But one popular congressional trading tracker on social media, PelosiTracker, pointed out that the company itself makes this look especially suspicious.
"She sits on the House Subcommittee on Commodity Markets and Digital Assets. The same subcommittee that wrote the Digital Assets Market Clarity Act," PelosiTracker tweeted. "Coincidentally, the Senate is now pushing toward a vote on that same bill in May. Nasdaq's entire crypto trading business depends on it passing."
In other words, Delaney is buying shares of a company that stands to benefit directly from legislation her subcommittee drafted — and that legislation is heading for a vote any day now.
Whether or not that's a coincidence, it's exactly the kind of thing that makes retail investors pay attention. MarketDash will keep tracking congressional trades as this story develops.
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