David Taylor doesn't have a Google News story to his name in the last 24 hours. Zero. The congressman from Pennsylvania's 14th district is, by the metrics of the national press corps, not happening right now. And yet: the disclosure filings are moving. Fourteen trades in 90 days, a pivot out of Big Tech and into telecom and industrials, and a May voting spree through a stack of banking bills that passed the House with almost no coverage. The public record doesn't need a news hook. Sometimes the receipts are the story.
The Tech Selloff
On May 15, Taylor filed three sales and four purchases on the same day. The sells: two separate tranches of Alphabet (GOOGL), one in the $15K–$50K range and one in the $1K–$15K range, plus a position in Apple (AAPL) in the $1K–$15K range. The buys: AT&T (T), Home Depot (HD), Medpace Holdings (MEDP), and Parker Hannifin (PH), each in the $1K–$15K range.
Read the trade list like a sentence: out of the two most famous technology stocks on the planet, into a dividend telco, a home-improvement chain, a contract research organization, and an industrial conglomerate. One day. One filing date. Whatever informed that decision, Taylor made it fast.
April Was Busier Than It Looks
Rewind to April 27. Taylor filed six more trades. He sold Broadcom (AVGO), Lam Research (LRCX), and Home Depot (HD) in the $1K–$15K range each. Then he turned around and bought Home Depot (HD) on the same day in the same range.
He sold HD and bought HD on April 27. The disclosure filing lists them as two separate line items. Whether that's a wash-sale scenario, a rebalancing across accounts, or something more mundane is not something the filing explains — members must disclose, but they are not required to justify, contextualize, or look uncomfortable about it.
The rest of April 27: purchases of Procter & Gamble (PG), Progressive Corporation (PGR), and Visa (V), each in the $1K–$15K range. The portfolio is moving toward consumer staples, insurance, and payments infrastructure. Away from semiconductors and search. The direction is consistent across both reporting dates.
The Banking Votes
On May 20, Taylor voted yes on four bills that cleared the House floor: the American Access to Banking Act, the Community Bank Deposit Access Act of 2025, the Keeping Deposits Local Act, and the 25th Anniversary of 9/11 Commemorative Coin Act. All passed.
Here's the relevant committee context: Taylor sits on the House Committee on Agriculture and the House Committee on Transportation and Infrastructure. Banking regulation lives at House Financial Services — not Taylor's committee. A floor vote on a bill outside your committee jurisdiction is a vote, not a conflict-of-interest angle. The record makes that distinction.
What the record also shows: the five trades filed on May 15 came five days before those banking votes. The purchases that day include AT&T, which is not a bank. The sales are tech stocks, which are also not banks. No vote-trade overlaps were flagged in the disclosure data. Trades on the 15th, votes on the 20th, nothing the system identified as worth flagging.
The reader can decide what that means, or whether it means anything at all.
The Alpha Record, Such As It Is
Blind Trust scores disclosed trades against the S&P 500 on a 30-day trailing basis. Taylor's full record covers 93 scored trades. Fifty came out positive, 43 negative. Mean 30-day alpha across the sample: 1.3 percentage points. A coin flip with a slight lean, not a crystal ball.
The best single trade in the scored sample: a March 12 purchase of Lam Research (LRCX) in the $1K–$15K range that produced 21.2% alpha in 30 days. Then, on April 27, Taylor sold LRCX. The April 27 sale shows up in the worst performers because LRCX ran after he sold it. He bought it well. He sold it early.
The worst trade in the scored sample: a January 16 sale of Medpace Holdings (MEDP) that clocked negative 28.5% alpha in 30 days, meaning MEDP moved sharply against him after he sold. Then, on May 15, he bought MEDP back. The filing says he sold it in January at a bad moment and bought it back in May. Whether that's conviction or coincidence, the disclosure form has no field for it.
The Home Depot entries are their own subplot. The worst trade by alpha in the last 90 days: the April 27 sale of HD, which produced negative 13.1% alpha in 30 days — HD went up after he sold it. He also bought HD on April 27. The same-day sell-and-rebuy generated a loss on the sell leg. The buy leg's 30-day alpha doesn't appear in the worst-performers list, which suggests it went better.
Zero of Taylor's 93 scored trades carry a committee-overlap flag. His committees cover agriculture, commodity markets, rural development, highways, transit, railroads, and water resources. Alphabet, Apple, Broadcom, Lam Research, AT&T, Visa, Progressive, Procter & Gamble, Home Depot, Parker Hannifin, Medpace — tech, telecom, financial services, consumer, industrial, pharma-services. None of them touch his committee jurisdictions in any way the system identified. The trading pattern stands on its own terms.
The Pattern
Run the tape across 90 days and a shape emerges. Taylor has been reducing semiconductor exposure, selling Broadcom and Lam Research on April 27 after buying LRCX to good effect in March. He's been reducing Big Tech, selling two tranches of Alphabet and one of Apple on May 15. The reinvestment is going into defensive-to-stable names: AT&T is a dividend telco, Procter & Gamble is consumer staples, Progressive is insurance, Visa is payments infrastructure, Parker Hannifin is industrial components, Home Depot is discretionary but bond-proxy adjacent in rising-rate narratives.
A macro call on rate trajectories and tech valuations? A financial adviser's recommendation? The disclosure filing has no field for that. It has a date, a ticker, a direction, and an amount range. Everything else is inference.
The full disclosure record at Blind Trust covers the complete trade history. Committee assignments are Agriculture and Transportation. Recent votes are financial-sector adjacent but outside his oversight lanes. Scored alpha is 50 wins out of 93 tries at a 1.3% mean. The portfolio rotation out of tech and into industrials and staples happened across two filing dates, five days before a batch of banking votes he had no committee role in shaping.
One More Bill Worth Noting
On June 23, Taylor voted yes on the 21st Century ROAD to Housing Act, which passed the House. Housing bills can touch Transportation and Infrastructure in some configurations, and Taylor does sit on that committee, including the Highways and Transit subcommittee. Home Depot — which Taylor sold and bought on April 27 and bought again on May 15 — is one of the more direct retail exposures to residential construction activity in the market. The housing bill came June 23. The HD trades were April 27 and May 15. Seven to nine weeks prior.
The system found no flagged vote-trade overlap on that sequence. The committee connection to housing is attenuated: the bill's primary remit is residential construction, not roads-and-bridges infrastructure. But the ticker and the vote are both in the record.
The receipts are public. Make of them what you make of them.