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Lawmakers invest in tech, AI, and crypto as new rules for the industries are on their agenda

Lawmakers invest in tech, AI, and crypto as new rules for the industries are on their agenda

As Congress debates new regulations around artificial intelligence and cryptocurrency, lawmakers’ stock portfolios have surged in recent years toward investments in these sectors.

A tracker of the top 50 lawmaker holdings from the financial data platform Unusual Whales shows over $270 million invested directly in top tech stocks, with tens of millions more invested indirectly through market-tracking funds.

It is a level of consolidation that mirrors trends seen in the larger market, with tech far and away the favored sector among lawmakers: 7 of the 8 most popular individual stocks seen in the data are technology companies.

Nvidia (NVDA) is a bipartisan favorite, with about $43 million in lawmakers’ accounts. Other tech…

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