The Badger Project reported that in October, U.S. Rep. Tony Wied put between $1 million and $5 million into safer treasury bills.
Wied is a Republican who represents the state’s 8th Congressional District in northeastern Wisconsin. He reported between $1.6 and $6.5 million in investment moves from October, by far the largest being a purchase of U.S. treasury bills, considered to be a slow-growing but safe asset.
His October periodic transaction report — the name for the document he’s required to file with the Clerk of the House about 45 days after he, his spouse or dependent children buy or sell a financial asset like a stock that’s worth more than $1,000 — is two pages long and lists 11 transactions.
A spokesperson for the congressman’s office said his investments are “solely managed through an independent financial advisor” and that the congressman doesn’t have a role in those decisions.
“All of his trades are reported monthly to the House Ethics committee in accordance with current law and congressional ethics guidelines,” the spokesperson wrote in an email to The Badger Project.
In December, dozens of former U.S. House members signed a letter advocating for the Restore Trust in Congress Act. The bill was introduced in September and seeks to prohibit members of Congress, their spouses and children from owning and trading stocks. The letter highlights the surge in stock trading in April 2025 before and after President Donald Trump’s aggressive tariff policies were enacted and then partially rescinded, which briefly crashed the stock market. The bill is one of many recent attempts to put a stop to congressional trading.
Republican Rep. Derrick Van Orden and Democratic Rep. Mark Pocan are the only two members of Wisconsin’s congressional delegation who currently appear as cosponsors on the bill, which has yet to make it to the House floor for a vote.
