Nancy Pelosi is no long the Queen of Stocks in Congress.
For decades, Pelosi has landed suspiciously well-timed stock trades. But she’s not shameless enough, it seems.
Rep. Ro Khanna (D-Calif.) has blown past Pelosi as Congress’s top-performing trader, posting a jaw-dropping 112.1% return over the S&P 500 from January 2024 through April 2026, according to a new analysis by ProCap Insights.
Pelosi’s 38.5% outperformance over the same period — long considered the gold standard among lawmakers — isn’t even close.
The data tracks “alpha,” or returns above the broader market, tied specifically to AI-related investments. Khanna’s gains drew immediate attention from financial commentator Anthony Pompliano, CEO of Professional Capital Management, who shared the numbers on X Wednesday.
“Nancy Pelosi take a seat. There is a new king in town when it comes to Congress members being abnormally good traders,” Pompliano wrote. “Ro Khanna has DESTROYED the S&P 500 since January 2024.”
Elon Musk saw the post and gave a one word response —
Wow
— Elon Musk (@elonmusk) April 9, 2026
Stock trading by lawmakers with insider access to upcoming bills, laws, and economic reports is increasingly unpopular with the American voting public.
According to a separate report from Unusual Whales, Republicans in congress posted average gains of 17.3% in 2025 while Democrats averaged 14.4%.
Money.com reported that Khanna logged a staggering 4,107 trades in 2025 worth over $53 million in volume — more trades than any other member of Congress.
ProCap Insights noted that members of Congress have traded millions in AI stocks ahead of legislation they personally helped shape — and that the penalty for violating federal disclosure rules under the 2012 STOCK Act is less than the cost of a parking ticket.
Khanna has publicly called for a ban on congressional stock trading, even as his own trading record has become one of the most scrutinized on Capitol Hill.
Tech founder Ethan Agarwal announced in March he plans to run against Khanna in California’s 17th district’s Democratic primary, pointing to the congressman’s trading activity.
“It’s the hypocrisy and the lack of trust that we have in him that’s causing me to run,” Agarwal told The San Francisco Standard. “This district deserves a representative focused on people, not their portfolio.”
Pelosi, meanwhile, is still very active on the market and pocketing millions. She entered 2026 with call options on Alphabet, Amazon, and Nvidia, and has a long-term track record that InsiderFinance puts at a 155.5% total return since 2014 across 211 trades.
She’s lost her crown — but she’s hardly stopped stuffing her pockets with cash.