U.S. Sen. Dan Sullivan has come under renewed scrutiny. He’s allegedly made up to $2 million in stock trades while serving in Congress — according to a report from Quiver Quantitative, which tracks congressional stock trading and wealth — raising questions about transparency and potential conflicts of interest.
Quiver Quantitative also reports that Sullivan’s net worth has increased by 176% since joining the Senate in 2015, jumping from $3 million to $8.29 million. Sullivan’s trading activity and gains during his time in the Senate — spanning multiple companies and sectors — could total in the millions of dollars, American Journal News reported. Between 2015 and 2024, Sullivan reported nearly 80 stock trades worth between $550,000 and $2.08 million. He was the only federal politician from Alaska to report any stock transactions in this period, the American Journal News article states.
The scrutiny comes in the context of the STOCK Act, which requires members of Congress to disclose stock trades within 45 days and prohibits using non-public information for financial gain. The law was passed in 2012 following bipartisan concerns about insider trading among lawmakers.
Former U.S. Rep. Mary Peltola told Alaska Public Media that congressional stock trading contributes to corruption, adding she was surprised stronger safeguards weren’t already in place. Peltola, who is running against Sullivan for his seat in the Senate, supports banning the practice.
