Byron Donalds
Byron Donalds (R-FL) bought $1K-$15K of $BRO (Brown & Brown, Inc. Common Stock) on Oct 9, 2025, part of 19 transactions in this filing (17 buys, 2 sells).
HillSignal flagged 5 timing concerns on this filing — trades that line up closely with related legislative or contract activity.
Price Movement Since Trade
How the largest positions have moved from the trade date to the most recent close.
Showing the 6 largest positions. See every transaction in the table below.
Suspicious Timing Detected
5 flagsRep. Donalds bought $1,001 - $15,000 in $FTNT on 2025-10-09 — 12 days before S2666 ("Foreign Robocall Elimination Act"), which could increase demand for advanced analytics.
Rep. Donalds bought $1,001 - $15,000 in $V on 2025-10-24 — 27 days before HR6236 ("BOOST Act of 2025"), which aims to increase consumer disposable income and boost retail spending.
Rep. Donalds bought $1,001 - $15,000 in $CMG on 2025-10-09 — 47 days before HR6295 ("The Working for Tips Tax Relief Act of 2025"), which could increase disposable income for service workers.
These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.
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All Transactions
| Type | Ticker | Asset | Amount | Trade Price | Current | Change | Date |
|---|---|---|---|---|---|---|---|
| BUY | $BRO | Brown & Brown, Inc. Common Stock | $1K-$15K | $95.50 | — | — | Oct 9, 2025 |
| BUY | $BRO | Brown & Brown, Inc. Common Stock | $1K-$15K | $95.50 | — | — | Oct 24, 2025 |
| BUY | $BRO | Brown & Brown, Inc. Common Stock | $1K-$15K | $95.50 | — | — | Oct 9, 2025 |
| BUY | $CCL | Carnival Corporation Common Stock | $1K-$15K | $28.45 | — | — | Oct 9, 2025 |
| BUY | $CCL | Carnival Corporation Common Stock | $1K-$15K | $28.45 | — | — | Oct 9, 2025 |
| BUY | $CMG | Chipotle Mexican Grill, Inc. Common Stock | $1K-$15K | $40.89 | — | — | Oct 9, 2025 |
| BUY | $CMG | Chipotle Mexican Grill, Inc. Common Stock | $1K-$15K | $40.89 | — | — | Oct 9, 2025 |
| BUY | $FTNT | Fortinet, Inc. - Common Stock | $1K-$15K | $86.19 | — | — | Oct 9, 2025 |
| BUY | $FTNT | Fortinet, Inc. - Common Stock | $1K-$15K | $86.19 | — | — | Oct 9, 2025 |
| BUY | $PGR | Progressive Corporation | $1K-$15K | $242.16 | — | — | Oct 9, 2025 |
Connected Legislative Activity
10 signalsThese bills and contracts share tickers or sectors with this filing's trades.
No Tax Exemptions For Terror Act
HR5890, the No Tax Exemptions For Terror Act, is an early-stage bill targeting specific non-profits' tax-exempt status. It has no direct financial mechanism to affect Visa, Mastercard, or PayPal. Market data from the last 30 days shows these stocks in an overall uptrend with no reaction to this legislation.
The Working for Tips Tax Relief Act of 2025
H.R. 6295, the Working for Tips Tax Relief Act of 2025, is an early-stage House bill proposing a permanent exclusion of up to $35,000 in reported tips from gross income for eligible service workers. Referred to Ways and Means in November 2025 with no subsequent action, the bill has extremely low near-term passage probability. For tipped-heavy QSR operators like Starbucks and Domino's, the bill could reduce turnover and improve labor availability if enacted, but current market prices reflect unrelated dynamics: SBUX surging 17.88% in 30 days on operational momentum, DPZ falling 8.31% in 7 days on broad market pressure. No actionable trading signal from this bill alone.
National Flood Insurance Program Affordability Act
HR6934, the National Flood Insurance Program Affordability Act, is an early-stage bill with no appropriated funding, no legislative momentum, and no near-term market impact. Introduced by a junior House member and referred to committee in December 2025, it has had zero action in over four months. Insurer stocks ($ALL, $TRV, $CINF, $PGR) are trading near their 52-week highs, driven by other factors, and this bill presents no current risk or opportunity.
A resolution recognizing that Florida's insurance market is gravely stressed by climate risks.
SRES556 is an early-stage Senate resolution pressuring Fannie Mae and Freddie Mac to tighten underwriting on Florida mortgages backed by Demotech-rated insurers. The bill authorizes no funding and has no binding force — it is a political signal, not a regulatory change. Both $FNMA and $FMCC have surged over +50% in the past 30 days on GSE reform optimism, but this resolution introduces Florida-specific headline risk that could slow mortgage securitization in a major housing market.
A resolution recognizing that climate change poses a threat to the mortgage market and to home values.
SRES555 is a non-binding Senate resolution that recognizes climate change as a threat to mortgage markets and home values but has zero direct market impact. It authorizes no funding, imposes no mandates, and does not change current law. Major bank and insurer stock prices show no reaction — BAC at $53.33 (+2.46% 7-day) and WFC at $81.97 (+3.21% 7-day) are moving on broader market factors. The resolution's sole function is political framing for potential future FHFA, FHA, or federal banking regulation on climate risk disclosure, which would require separate legislation or rulemaking.
LET’S Protect Workers Act
HR6597 (LET'S Protect Workers Act) would dramatically increase civil penalties for child labor and wage/hour violations, raising maximum per-violation fines ~10x to $150,000 per employee. The bill is in early committee stage with no immediate market impact, but it represents a structural regulatory risk for large hourly-workforce employers. Dollar General ($DG) and Dollar Tree ($DLTR) face the highest proportional exposure given thin margins and history of violations.
Water Cybersecurity Enhancement Act of 2025
HR5868 extends grant eligibility for water utility cybersecurity training through 2031, but it is an early-stage authorization bill with no new funding and remains referred to committee. Cybersecurity stocks have recently rallied on unrelated factors—$CRWD +19.03% and $PANW +17.62% over 30 days—but this bill is procedural noise, not a catalyst.
Foreign Robocall Elimination Act
The Foreign Robocall Elimination Act establishes an interagency taskforce on unlawful robocalls and mandates carriers to invest in cybersecurity and analytics infrastructure. No new funding is authorized, but the compliance-driven procurement cycle creates a structural demand uplift for leading cybersecurity platforms. $CRWD, $PANW, and $FTNT are best positioned, having already rallied +46% to +61% over 30 days in broad sector momentum.
BOOST Act of 2025
The BOOST Act of 2025 is an early-stage bill referred to the House Ways and Means Committee with no specified funding amount. It proposes universal payments to adults aged 19-67, which would boost consumer spending at retailers like Walmart, Target, and Amazon, and increase transaction volumes for payment processors Visa, Mastercard, and PayPal. Given its procedural stage, market impact is negligible until committee action or co-sponsor momentum builds.
HUSTLE Act
The HUSTLE Act (S.3378) is an early-stage bill introduced in December 2025 proposing tax-exempt NIL investment accounts for student-athletes. It has been referred to the Senate Committee on Finance and has not advanced. The bill has no funding authorization and minimal near-term market impact. Financial services stocks like $SCHW and $PYPL show mixed performance over the past 7 days, with no correlation to this legislation.
Other Filings by Byron Donalds
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Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.