Rep. Richard Dean Dr McCormick files a Periodic Transaction Report
Richard Dean Dr McCormick (GA06) disclosed 1 transaction, traded Sep 18: 1 purchase and 0 sales.
| Traded | Ticker | Company | Action | Amount | Owner |
|---|---|---|---|---|---|
| Sep 18 | BRK.B | Berkshire Hathaway Inc. New | Buy | $1,001 - $15,000 | Self |
ORIGINAL FILING ↗ALL FILINGS BY RICHARD DEAN DR MCCORMICK →CONGRESS TRADES DASHBOARD →
Amounts are the ranges members report. Rows are read automatically from the filing; a trade split across a page break can be missed, so the original filing is the full record.
What This Means
Congressional periodic transaction reports document equity trades by members of Congress and are filed under the STOCK Act framework. Such disclosures provide transparency into lawmakers' personal investment activity and can signal confidence or concern about specific sectors or companies, though individual trades rarely move markets on their own.
Sources (1)
Every claim below links directly to the original reporting it was drawn from. Penblock synthesizes and cross-references these sources — it doesn't originate the reporting.
- Richard Dean Dr McCormickOct 15, 2026View the original filing at the House Clerk ↗
How This Could Play Out
First assessed Oct 15
Resolved
UNLIKELYA single congressional trade disclosure has no mechanism to resolve any underlying market condition or policy question; this branch would require the filing itself to trigger legislative action on financial regulation or transparency, which is not suggested by a routine Berkshire Hathaway purchase.
Status quo
LIKELYIndividual congressional stock purchases are typically absorbed into normal market flow without measurable price impact, and a $1–15k position in Berkshire Hathaway by a single lawmaker would plausibly remain a minor data point among millions of daily trades.
Worsens
POSSIBLEIf this trade were to become part of a broader pattern—such as multiple lawmakers buying or selling the same security ahead of sector-specific legislation—it could fuel scrutiny of congressional trading practices and potentially trigger calls for stricter STOCK Act enforcement or insider-trading investigations, which would create reputational and regulatory risk for affected members.
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More on Congressional Stock Trading
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- Rep. Thomas H. Kean Jr discloses trade(s) in ABT, ESAB, JNJ, MDLZ, SYKOct 30
- Rep. Carol Devine Miller discloses trade(s) in HONAOct 30
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