Congress Members Buy Tariff Dip

QUIVER STRATEGIES
Check out our top Performing Strategies

Each week, we are highlighting the top Quiver Strategies trending right now:

In today’s edition:

• Political News & Congress Trading

• New Quiver App Alerts

• Morgan Stanley Cleanly Exits Elon Musk’s (X) in Debt Sale

  -David Love

POLITICS
Congress Trades & News

Insights from our Congress Trading Dashboard

Several politicians & members of Congress have already made millions of dollars in the stock market in 2025:

• Rep. Marjorie Taylor Greene (R) just disclosed new stock purchases made during the tariff dip. She bought Apple stock on Wednesday April 08, 2025. (AAPL) has risen almost 20% since then, after tariff exceptions on new phones were announced.

• Portfolio update from Jack Schlossberg, JFK's only grandson. He initiated a position in Gold, (GLD), has risen 23% since he bought in on 4/8/25.

• House Democrats sent a letter to Speaker Mike Johnson (R) on 4/10/25, asking that politicians be required to immediately disclose stock trades made around the tariff announcements.

• Rep. Tim Moore (R) has filed multiple stock trades, 2 sales and 6 purchases:

  • Sold up to $50k of Harley Davidson on 3/25/25. (HOG) is down -13.72% vs an S&P 500 -6.30%.

  • Sold up to $250k of American Airlines on 3/20/25. (AAL) is down -12.30% vs an S&P 500 -4.40%

  • Purchased up to $150k of a YieldMax SMCI Option Income Strategy ETF on 3/27/25. (SMCY) is down -10.56% vs an S&P 500 -4.60%.

  • Purchased up to $50k of a Direxion Daily Small Cap Bull 3x Fund Shares on 3/31/25. (TNA) is down -21.39% vs an S&P 500 -3.25%.

  • Purchased up to $50k of a American Airlines on 3/31/25. (AAL) is down -6.40% vs an S&P 500 -3.25%.

  • Purchased up to $50k of a Ford on 3/31/25. (F) is down -5.38% vs an S&P 500 -3.25%.

Fundraising:
We've received Q1 fundraising data for 56 members of Congress so far. Here's who's raised the most:

🔴 Rep. Eli Crane (R): $1M (99% from individual donors)
🔴 Rep. Mike Lawler (R): $927K (54%)
🔴 Rep. Don Bacon (R): $619K (43%)
🔴 Sen. Susan Collins (R): $570K (76%)

DATA ROUNDUP
Featured Quiver Datasets

Here’s an overview and data/product updates at Quiver this month:

NEW: Improvements on the Quiver App
We just released improvements to the Quiver app. You can now get realtime notifications on the following datasets:

Congressional Trading

Institutional Trading

Insider Trades

• And more to come soon!

By downloading our app and turning on push notifications, you can receive Alerts on our new data before we even get the chance to post on it.

Out now on both iOS and Android.

Insights from our Quiver Dashboards

NEWS
Morgan Stanley Cleanly Exits Elon Musk’s X Debt in $1.23 Billion Sale

Morgan Stanley (MS) is offloading the final $1.23 billion of debt tied to Elon Musk’s (TSLA) $44 billion acquisition of Twitter, now rebranded as X, in a fixed-rate loan offering at 9.5% interest and a discounted price of 97.5-98 cents on the dollar. The sale concludes nearly two years of exposure for the bank to one of the most scrutinized leveraged buyouts in tech history.

Other major lenders—including Bank of America, Barclays and Mitsubishi UFJ—participated in the original financing package, which comprised a $6.5 billion secured term loan, a $500 million revolver, a $3 billion unsecured facility and $3 billion in secured debt. Banks have gradually shed their commitments as Musk’s close ties to political figures and signs of improving revenue at X bolstered confidence.

Market Overview:

• Morgan Stanley offers last $1.23 billion of X acquisition debt at 9.5% fixed rate.

• Debt priced at 97.5-98 cents on the dollar to facilitate rapid offload.

• Original financing included a mix of secured, unsecured and revolving credit.

Key Points:

• Bank of America (BAC), Barclays (BCS) and Mitsubishi UFJ were among the initial lenders.

• Exposure reduction reflects lenders’ response to X’s evolving revenue prospects.

• Deal marks an endpoint for nearly $13 billion of leveraged financing risk.

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