US lawmakers' stock portfolios show over $270 million invested in tech stocks, with growing cryptocurrency holdings, as Congress prepares to regulate both sectors

A tracker of the top 50 lawmaker holdings shows over $270 million invested directly in top tech stocks, with tens of millions more invested indirectly through market-tracking funds. Nvidia (NVDA) accounts for about $43 million in lawmakers' accounts, while Apple (AAPL), Alphabet (GOOG), and Microsoft (MSFT) each have tens of millions of dollars invested.

This represents a significant shift from recent years, when the proportion of tech holdings was much lower and was primarily seen in Democrats' portfolios. Cryptocurrency holdings have also grown significantly in recent years, particularly among Republicans, with Bitcoin (BTC-USD) and crypto-adjacent companies showing heightened interest.

Congress is set to debate AI legislation in the coming months, including a new bill released this past week that would preempt certain state AI laws and mandate new security risk disclosures for emerging models. The crypto industry is pushing the CLARITY Act, which would establish a regulatory framework for digital assets and could see a vote later this summer.