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GOP Lawmaker Made Millions Trading Around Tariffs

  • Republican U.S. Representative Jefferson Shreve, who serves Indiana’s 6th District, conducted stock transactions valued between approximately $3.4 million and $9.5 million during the period from April 7 to April 17, 2025.
  • Shreve, who joined Congress in January 2025 and sits on the Transportation Committee, used a financial advisor to ensure compliance with transaction reporting rules for members of Congress.
  • His stock transactions, each valued at up to $50,000, included investments in transportation-related companies such as Uber, Schneider National, and CSX, reflecting his role on the House Transportation and Infrastructure Committee and occurring amid market shifts following tariff announcements in early April.
  • A spokesperson explained that he employs a financial advisor to manage trades in accordance with all required reporting rules applicable to members of Congress, and reports indicate that his stock transactions account for only a minor portion of his overall assets.
  • Shreve’s stock trading highlights broader scrutiny as some lawmakers from both parties consider banning congressional stock trades amid concerns of conflicts of interest.
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notus.org broke the news in on Tuesday, May 13, 2025.
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