Senator Katie Britt of Alabama recently disclosed stock trades that appear to violate the STOCK Act's 45-day reporting requirement — and the trades she disclosed are raising conflict of interest questions given her Senate committee assignments.
The Late Disclosures
Britt disclosed purchases made in April 2025 and November 2025 that were filed hundreds of days after the transactions occurred. Under the STOCK Act, members have 45 days to disclose trades. Filing hundreds of days late is a clear violation — though the fine is just $200, widely considered inadequate.
The Nvidia Trade
Among the late-disclosed trades was a purchase of Nvidia stock. By the time the disclosure appeared, Nvidia had risen approximately 73% from the purchase date — meaning any investor hoping to mirror the trade missed essentially all of the gain. This is exactly the problem with the current 45-day window.
The JPMorgan Problem
More concerning to ethics watchdogs is Britt's disclosed purchase of JPMorgan Chase stock while she sits on the Senate Committee on Banking, Housing and Urban Development — the committee that directly oversees banking regulation. JPMorgan rose 27% from her purchase date. Whether or not there was any connection to her committee work, the optics are problematic and have drawn significant criticism from congressional trading trackers.
What This Illustrates About the System
The Britt case highlights two systemic problems: the $200 fine is too small to deter late filing, and the 45-day window (even when followed) gives insiders a long head start. Real-time trackers minimize the damage by alerting the moment a disclosure appears — even if it's late. Start the free trial at Congressional Trades.