Josh Gottheimer
Josh Gottheimer (D-NJ) sold $1K-$15K of $MMM (3M Company Common Stock) on Oct 20, 2025, part of 4 transactions in this filing (2 buys, 2 sells).
HillSignal flagged 2 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.
Suspicious Timing Detected
2 flagsThese 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 | $NTES | NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares | $1K-$15K | — | — | — | Oct 17, 2025 |
| BUY | $NICE | NICE Ltd - American Depositary Shares each representing one Ordinary Share | $1K-$15K | $129.88 | — | — | Oct 17, 2025 |
| PARTIAL SELL | $MMM | 3M Company Common Stock | $1K-$15K | — | — | — | Oct 20, 2025 |
| SELL | $ICE | Intercontinental Exchange Inc. Common Stock | $1K-$15K | $153.36 | — | — | Oct 16, 2025 |
Connected Legislative Activity
10 signalsThese bills and contracts share tickers or sectors with this filing's trades.
Public Health Air Quality Act of 2025
The Public Health Air Quality Act of 2025 (HR6782) is an early-stage House bill that would mandate expanded fenceline and ambient air monitoring for hazardous air pollutants at industrial facilities. It creates a regulatory-driven demand increase for industrial gas detection systems (benefiting $HON) and high-precision analytical instruments ($BRKR). The bill remains in committee with 20 cosponsors and a Senate companion (S3529), but is at least 12-18 months from potential enactment.
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
HR3383 — the Increasing Investor Opportunities Act — removes SEC restrictions on closed-end fund investments in private funds, directly benefiting private equity managers $BX and $KKR through expanded AUM channels, and exchange operators $CBOE, $ICE, and $NDAQ through increased listing and trading volume. The bill passed committee 41-10 and was considered under rule in December 2025; over the last 30 days, $BX gained +8.31% and $KKR +12.42%, consistent with growing passage expectations.
Fair Markets and Sports Integrity Act
HR7477 is an early-stage bill that would ban commodity exchanges from listing sports-event or casino-game contracts. It has zero near-term financial impact on any company because no such products currently exist or generate revenue at CME or ICE. For sportsbook operators DraftKings and PENN Entertainment, the bill removes a speculative competitive threat from regulated derivatives markets.
Clean Water Standards for PFAS Act of 2025
HR 6668 mandates EPA PFAS discharge limits within 3 years with zero federal compliance funding, imposing costs on manufacturers $MMM, $DD, $DOW and water utility $AWK, while benefiting treatment provider $XYL. At $134.88, $AWK trades near the middle of its 52-week range with a flat 30-day trend, reflecting the market's anticipation of utility capex pressure. The bill's early stage suggests limited immediate catalyst, but the regulatory trajectory is clear regardless of this specific legislation's fate.
Ohio River Restoration Program Act of 2026
The Ohio River Restoration Program Act of 2026 (S.3796) is an early-stage authorization bill with zero appropriated funding. Water utilities WTRG and AWK have structural Ohio River Basin exposure but face no immediate market impact. The bill has been referred to committee in the Senate with no further action since introduction.
Increasing Investor Opportunities Act
The Increasing Investor Opportunities Act (S.3671) removes SEC authority to restrict closed-end funds from investing in private funds and from listing those fund shares on exchanges. Private equity firms $BX and $KKR gain a new permanent capital source, while exchange operator $ICE (NYSE) directly benefits from increased listings. The bill is at an early stage (referred to committee), limiting near-term impact.
CLEAN–UP Act
HR7268 (CLEAN-UP Act) is an early-stage, zero-funding procedural bill that shields the Army from CERCLA liability for contaminated sediment remediation. It has no near-term market impact on any publicly traded company. $WM and $RSG show typical recent price action, with no catalyst from this legislation.
No Taxation on PFAS Remediation Act
H.R. 6669, the No Taxation on PFAS Remediation Act, would make PFAS remediation reimbursements tax-free, modestly improving after-tax margins for waste service providers WM and RSG on remediation contracts. The bill is in early-stage committee referral with low near-term passage probability. Real market data shows WM at $233.01 with a 7-day gain of 1.52% and RSG at $208.37 with a 7-day decline of 0.68%, reflecting broader sector trends rather than specific bill momentum.
TASA Act of 2025
HR 6448 (TASA Act of 2025) is an early-stage bill amending eligibility criteria for federal airport project cost shares in U.S. territories. It authorizes no funding and has not advanced since February 2026, producing negligible market impact.
Small Business Investor Capital Access Act
S.3880 is a procedural bill that modestly raises the private fund adviser registration threshold from $150M to $175M AUM. It has no authorized funding, no tax changes, and no sector-level revenue impact. The bill remains in committee with only one cosponsor and low legislative odds in the 119th Congress. For large publicly traded asset managers like Blackstone ($BX) and KKR ($KKR), which operate far above the threshold, this bill is procedurally irrelevant.
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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.