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Official portrait of David McCormick

David McCormick

R Republican · Senator, Pennsylvania
44
Moderate self-dealing
3/6 components have data
#5 of 193 scored

David McCormick (R-PA), a freshman senator and former Bridgewater Associates CEO, took office in January 2025 and is among the wealthiest members of Congress (estimated $176M+ net worth, much of it pre-office). His record shows active individual-stock and crypto trading in 2025 (up to ~$35M parsed volume), including a Goldman Sachs sale and repeated purchases of a Bitwise Bitcoin ETF while chairing the Banking Committee's Digital Assets subcommittee and voting to advance crypto legislation (GENIUS Act) — a direct sector-overlap concern flagged by reporters and ethics critics, though no proof of illegality. His 2024 campaign drew heavy finance-industry and billionaire super-PAC money (Ken Griffin, Jeff Yass), and past Bridgewater health/pharma holdings overlapped with his stated opposition to drug-price negotiation, raising correlation (not proof) concerns. His voting attendance is normal (~2.7% missed), and no campaign-fund personal-use or family-lobbying findings surfaced in public records reviewed.

Public record

In Congress since
2025
Committees
Banking, Housing, and Urban Affairs
Energy and Natural Resources
Foreign Relations
Joint Economic Committee
Senate Special Committee on Aging
Missed votes, 119th Congress
2.8% (26 of 915; median member 1.9%)
Campaign money, 2025–26 cycle
$5.4M raised · 12% from PACs & committees · $1.1M cash on hand FEC ↗

The stock-trading ban

Senate cloture on H.R. 7008, Sep 30, 2026
Yes
Cosponsored a ban bill
S. 4134

H.R. 7008 bans new stock purchases by members, spouses and dependents; it doesn't force sales of existing holdings. The Senate vote was on the version paired with the SAVE Act, which is why no Democrat voted yes. Full breakdown →

Disclosed stock trades

389trades since Jan 2025
277buys
112sells
0filed past 45 days
$50M–$122Mdisclosed value range

Most-traded: BITB ×22 · GS ×2 · IJR ×1 · RUM ×1

TradedFiledOwnerAssetTypeAmount
Aug 19, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$50,001 - $100,000filing ↗
Aug 18, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$250,001 - $500,000filing ↗
Aug 17, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 17, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 12, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 12, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 11, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$100,001 - $250,000filing ↗
Aug 10, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$250,001 - $500,000filing ↗
Aug 10, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 6, 2026Aug 27, 2026MemberNORTHERN YORK CNTY PA SCH DIST GENBuy$250,001 - $500,000filing ↗
Aug 5, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 5, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 4, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$100,001 - $250,000filing ↗
Aug 4, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$100,001 - $250,000filing ↗
Aug 3, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Aug 3, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy S&P 500 Linked NoteBuy$100,001 - $250,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST TPK COMMN OIL REVSell$100,001 - $250,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseWASHINGTON ST GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseSPRINGFIELD TWP SCH DIST PA GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePHILADELPHIA PA AUTH FOR INDL REVPartial sell$15,001 - $50,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST TPK COMMN REVPartial sell$15,001 - $50,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST HIGHER EDL REVPartial sell$15,001 - $50,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$15,001 - $50,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseOXFORD PA AREA SCH DIST GOPartial sell$15,001 - $50,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseNORTHAMPTON CNTY PA GEN PURP A REVPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseDEL CNTY PA AUTH COLLEGE REVPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseDALLAS TEX INDPT SCH DIST GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseCORPUS CHRISTI TEX UTIL SYS REVPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseCHESTER CNTY PA SCH AUTH SCH REVPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseALVIN TEX INDPT SCH DIST GOPartial sell$50,001 - $100,000filing ↗
Jul 31, 2026Aug 27, 2026SpouseALLEGHENY CNTY HIGHER ED BLDG REVPartial sell$50,001 - $100,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseWASHINGTON ST GOPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseSPRINGFIELD TWP SCH DIST PA GOPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePHILADELPHIA PA AUTH FOR INDL REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST TPK COMMN TPK REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST TPK COMMN OIL REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST HIGHER EDL REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$50,001 - $100,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpousePENNSYLVANIA ST GOPartial sell$50,001 - $100,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseOXFORD PA AREA SCH DIST GOPartial sell$50,001 - $100,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseNORTHAMPTON CNTY PA GEN PURP A REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseDALLAS TEX INDPT SCH DIST GOPartial sell$15,001 - $50,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseCORPUS CHRISTI TEX UTIL SYS REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseCHESTER CNTY PA SCH AUTH SCH REVPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseALVIN TEX INDPT SCH DIST GOPartial sell$100,001 - $250,000filing ↗
Jul 30, 2026Aug 27, 2026SpouseALLEGHENY CNTY HIGHER ED BLDG REVPartial sell$250,001 - $500,000filing ↗
Jul 28, 2026Aug 27, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$100,001 - $250,000filing ↗
Jul 22, 2026Jul 29, 2026MemberPITTSBURGH PA WTR & SWR AUTH WTR & SWRBuy$500,001 - $1,000,000filing ↗
Jul 21, 2026Jul 29, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$100,001 - $250,000filing ↗
Jul 14, 2026Jul 29, 2026MemberALLEGHENY CNTY PA GO BDS SER. CBuy$500,001 - $1,000,000filing ↗
Jul 14, 2026Jul 29, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$100,001 - $250,000filing ↗
Jul 8, 2026Jul 29, 2026MemberPOCONO MTN PA SCH DIST GEN OBLIG BDSBuy$250,001 - $500,000filing ↗
Jul 8, 2026Jul 29, 2026SpouseGS Managed Structured Note Strategy MSCI EAFE Linked NoteBuy$250,001 - $500,000filing ↗
Jun 30, 2026Jul 29, 2026SpousePHILADELPHIA PA AUTH FOR INDL REVBuy$100,001 - $250,000filing ↗
Jun 29, 2026Jul 29, 2026SpousePENNSYLVANIA ST TPK COMMN TPK REVPartial sell$100,001 - $250,000filing ↗

Showing the 60 most recent of 390. Download everything →

Amounts are the ranges members must report, not exact values. The STOCK Act requires a report within 45 days of a trade; "late" counts days past that deadline, measured to the filing date.

How the score breaks down

Stock self-tradinghousehold / spouse
25% weight
58
Active individual-stock and crypto trading in 2025: up to ~$35M parsed volume including a Feb 2025 sale of up to $5M Goldman Sachs (financial sector, ~+25% return) and a Jan 2025 sale of up to $5M Rumble. Repeatedly bought a Bitwise Bitcoin ETF (BITB), totaling $500K-$1.25M, while chairing the Banking Digital Assets subcommittee and voting to advance the GENIUS Act crypto bill — a direct committee/sector overlap with documented profits (~24% gain). No evidence holdings are in a blind trust; spokesperson says they comply with Senate rules.
Net-worth enrichment in officeno data
15% weight
—
McCormick entered the Senate in January 2025 as a centi-millionaire (estimated $176M+, 10th-highest in Congress) from his pre-office Bridgewater career. Pre-office wealth is not scored, and with only ~1.5 years in office there is insufficient data to isolate net-worth growth beyond salary and market returns attributable to his Senate tenure.
Money → action alignmentcorrelation, not proof of any quid-pro-quo
20% weight
45
CORRELATION, NOT PROOF. McCormick's 2024 race drew heavy finance-industry money: a super PAC raised $18M from 34 donors including Citadel's Ken Griffin ($10M) and Jeff Yass ($1M); Keystone Renewal super PAC spent $30M/quarter. He sits on Banking and chairs Digital Assets, advancing crypto-friendly legislation. Separately, reporting notes past Bridgewater health/pharma holdings overlapped with his stated opposition to Medicare drug-price negotiation and PhRMA lobbyist donations. Alignment between donor/sector interests and his positions exists, but causation is unproven.
Campaign-fund personal useno data
15% weight
—
No public records reviewed show campaign or leadership-PAC funds spent on personal benefit. He lent his own campaign $4.1M (a loan to the campaign, not personal use of campaign funds). No FEC complaints or reporting on personal-use of campaign money surfaced.
Revolving door & familyno data
15% weight
—
No public records reviewed show family members lobbying on matters tied to his office or staff-to-lobbyist pipelines linked to his Senate tenure (he took office Jan 2025). His wife Dina Powell is a former Goldman Sachs partner and Trump official, but no evidence of lobbying or contracts tied to his Senate position was found.
Skips the job to fundraise
10% weight
8
Attendance is normal: missed 22 of 830 roll-call votes (2.7%) from Jan 2025-June 2026, on par with the Senate median (~2.8%). No evidence of vote-skipping for fundraising or paid speeches. Low score reflects an essentially clean attendance record.

Sources behind this score: 2 data aggregator · 4 news reporting · 2 reference database. Score = weighted average of the components that have data; the 3 without sourced evidence are excluded, never counted against the member. Methodology →

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