Intel Corporation (Intel (INTC)) stock has been on a tear, hitting new all-time highs in recent months. That's good news for President Donald Trump and his administration, which took an equity stake in the chip maker back in 2025. But it's also been a nice payday for a Democratic congressman who just cashed out.
Rep. Dwight Evans (D-Penn.) recently disclosed selling two stocks that likely got a boost from Trump policies, according to data from MarketDash Government Trades. On June 10, he sold between $1,000 and $15,000 worth of Intel stock and the same range in General Dynamics (General Dynamics (GD)) stock.
Both companies have hit record highs lately. Intel has been lifted by surging demand and the government's ownership stake. General Dynamics, a defense contractor, has ridden higher on ongoing Middle East tensions and the Trump administration's push for a bigger defense budget.
Intel shares traded at $111.50 on June 10, 2026. Evans had been buying Intel since 2022, including a purchase on March 30, 2022, when shares were as high as $52.51, and another on April 3, 2025, when shares were as high as $23.90. That means his sale netted a profit of roughly 112% to 366%.
General Dynamics stock hit $349.00 on June 10. Evans bought it on March 30, 2022, when shares were as high as $245.63, giving him a gain of at least 42%.
This isn't the first time Evans has taken profits on Intel this year. He also sold Intel stock on May 7, 2026, likely at a big gain too, given the price that day versus his purchase prices.
Evans has been in the House since 2016 and is retiring after deciding not to seek re-election in the 2026 midterms. Over his decade in office, he's made over 180 trades worth $2.1 million, according to data from Quiver Quantitative. Most years, he trades around $100,000.
So while Trump's policies may be boosting certain stocks, the profits aren't just going to Republicans. Sometimes, they end up in the pockets of a Democrat from Pennsylvania.













