Michael McCaul — disclosures (Semiconductor Caucus co-chair's AI/chip book)
Rep. Michael McCaul (R-TX-10); among the wealthiest in Congress (portfolio >$100M, largely via his wife's Clear Channel family wealth). Co-chair of the Congressional Semiconductor Caucus and member of the AI + Cybersecurity Caucuses. Disclosed via STOCK Act PTRs.
The most on-the-nose policy/portfolio overlap on the page: McCaul literally co-chairs the Semiconductor Caucus and writes chip policy, while trading the exact AI value chain — NVDA, ASML (sole EUV-lithography supplier), and the AI-power names (GE Vernova, Corning) that were primary beneficiaries of the 'Clean AI Energy' proclamations. A huge, high-turnover book ($79.7M 2025 volume, 46 transactions in a single Dec-2025 filing) spanning AI-semi single names, fixed income, and muni-bond ETFs.
- Disclosure record — A public official's statutory filings, not a fund. No NAV, no manager, no terms.
Top holdings
~$1.1M-$1.25M in disclosed transactions — Disclosed ~$1.1M-$1.25M of NVDA activity (incl. partial sales) while championing chip legislation — the headline conflict for a Semiconductor Caucus co-chair.
~$300K (Dec-2025 sales, +31%) — Sold ASML — the world's sole EUV-lithography supplier and the chokepoint of advanced-chip manufacturing — for ~31% gains in the Dec-9 46-transaction filing.
from ~$15K, +152% to +205% — Datacenter-power / grid play; +152% on an Apr-16 lot, cumulatively ~+205% — a direct AI-power-demand beneficiary of the 'Clean AI Energy' initiative.
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