Commencing the Reduction of the Federal Bureaucracy

Signed February 19, 20252025-03133Read on the Federal Register

Technology
Industrials
Healthcare
Energy
Basic Materials
Consumer Cyclical
Consumer Defensive
Communication Services
Utilities
Financial Services

Officials who traded these sectors within 14 days before signing

Day 0 is always excluded — intraday ordering is unknowable. EO data through Jun 3, 2026 — Federal Register publishes orders several days after signing.

No flagged trades in this window. Flags appear after the nightly overlap rebuild, and trade disclosures can arrive up to 45 days after execution.

Methodology: Matches are sector-level: the official traded a stock in a sector the executive order affects, within the selected number of days of its signing date. Sector matches are broad — many trades will coincide with policy activity by chance. A match is a starting point for research, not evidence of foreknowledge.