Nixon's $2M stock claim rated mostly false; Moody backed a ban, then a weaker bill

Florida Democrat Angie Nixon told Politico on Oct. 23 that Republican Sen. Ashley Moody has grown about $2 million richer from stock trades since entering Congress. On Oct. 30, the fact-checking site PolitiFact rated that claim Mostly False ¹.

That woman is trading stocks and she’s gotten richer by like $2 million dollars.

The fact check is only part of the record. In January, Moody and Democratic Sen. Kirsten Gillibrand introduced a bill to bar lawmakers from owning or trading individual stocks ². By September, her office was using the words ban stock trading for a much narrower bill, one that lets members keep the stocks they already own ³⁵.

On tapeCBS News · Oct 27

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What the $2 million claim gets wrong

Federal disclosure forms list investments in broad ranges and do not show what a lawmaker paid for a stock. Campaign finance experts told PolitiFact that Nixon probably relied on Moody's annual report covering 2025. It shows $862,600 to $2.3 million in reportable income tied to investment trading, so Nixon appears to have used the top of the range ¹.

Alex Baumgart of OpenSecrets called working out actual profit from these filings a "very inexact science, because of both the vague ranges and conflicting reporting periods" ¹.

From Channel GOPAngie Nixon says Ashley Moody belongs in jailAngie Nixon · 130 plays · captioned, with the source named

Timing is another problem. Moody owned stocks before she entered Congress, and her last reported transaction came in April 2025, about three months into her Senate term. She reported a net worth of $4.02 million for 2022 and $4.42 million at the end of 2023. Neither campaign answered PolitiFact's requests for comment ¹.

PolitiFact did find an element of truth, because Moody's disclosures show she made money on stocks ¹. Nixon's campaign website also says Moody traded more than $2 million in stocks, including Big Pharma companies, while sitting on the Senate's Health Committee ⁸. Moody's Senate website does list that committee, along with the Special Committee on Aging ⁷.

PolitiFact did not assess Nixon's claim about insider information from committee work ¹. None of the reports we reviewed shows that Moody used inside information. That distinction matters, because holding stock while serving on a committee is not the same as trading on secrets.

Moody's explanation

Moody's office says the trades were made through an extended family investment partnership run by an adviser, that she did not approve or start them, and that she left the arrangement in 2025 ¹⁰.

The investing site 24/7 Wall St. estimated in July that her portfolio gained 310% in a year, led by the chipmaker AMD, up 306%. It also said another holding, Super Micro Computer, fell 41%, and that the public record does not show whether all the trades were sold ⁹. That is a percentage estimate, not a dollar profit, so it does not back up Nixon's number.

Then: a ban on owning stock

In August 2025, a Moody spokesperson told the Tampa Bay Times she would support legislation to ensure there is no appearance of impropriety. The paper placed her in a middle group, neither fully for nor against a ban ¹¹.

On Jan. 15, 2026, Moody and Democratic Sen. Kirsten Gillibrand of New York announced the Restore Trust in Congress Act ¹⁴. It would bar lawmakers and their immediate family members from trading or owning individual stocks, and give sitting members 180 days to sell their holdings ².

The American people must be able to trust that their elected officials are focused on results

That bill exempted the president and vice president. Gillibrand said the president "should be held to the same standard" but called the bill "a good place to start" ².

Now: a bill that lets members keep their shares

On July 22, the House passed H.R. 7008, the Stop Insider Trading Act, by 232-198 ⁶. Thirteen Democrats voted yes ⁴. It would stop members, their spouses and dependent children from buying individual stocks while the lawmaker is in office. But members could keep the stocks they already own, and could still sell after filing public notice 7 to 14 days ahead ⁵.

The package also included a requirement to show photo ID to vote in federal elections ⁵. House Democratic Leader Hakeem Jeffries also faulted it for leaving out the president, vice president and Cabinet members ⁴.

Moody publicly supported that bill ¹. It failed on Sept. 30 in a 53-47 procedural vote, seven short of the 60 needed, with Republicans in favor and Democrats opposed ⁵. Her office's press release that day accused Democrats of blocking legislation to "Ban Stock Trading in Congress," and she said they had passed up a chance at "restoring some faith in our government" ³.

Let’s be clear, this bill does not ban stock trading.

Democrats also objected to the voting provisions ⁴⁵. Rep. Seth Moulton of Massachusetts said in July that the bill "would functionally end vote-by-mail as Americans know it" ¹³. That is his reading of the measure, and Republicans have defended it as a commonsense pairing of ethics and election rules. Moody said Democrats chose to play politics ³.

Why both halves of this matter

The pattern here runs in both directions. Nixon took the high end of a vague range and presented it as money Moody had gained.

Moody can fairly say she wrote a real ban in January. But a bill that lets members hold on to their shares does not do what her January bill would have done, and calling both a ban blurs that difference. As of late October, lawmakers could still buy and sell individual stocks under the 2012 STOCK Act, which bans using nonpublic government information for profit and requires public reports of certain trades over $1,000 ⁵.

Florida voters settle the Senate race on Tuesday. They can weigh the real record on both sides: a Democrat's number that does not hold up, and a Republican's ban that changed shape on the way to the Senate floor.

The Record

1. Aug 21, 2025A Moody spokesperson tells the Tampa Bay Times she would support legislation to ensure there is no appearance of impropriety ¹¹.
2. Jan 15, 2026Moody and Gillibrand announce the Restore Trust in Congress Act, barring lawmakers and immediate family from owning or trading individual stocks ²¹⁴.
3. Jul 22, 2026The House passes H.R. 7008, 232-198. It bars new stock purchases but lets members keep existing shares, and the package includes voter ID requirements ⁵⁶.
4. Sep 30, 2026H.R. 7008 fails in the Senate on a 53-47 procedural vote, and Moody's office accuses Democrats of blocking a stock trading ban ³⁵.
5. Oct 30, 2026PolitiFact rates Nixon's claim that Moody got about $2 million richer from stock trades Mostly False ¹.

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<h2>Nixon&#39;s $2M stock claim rated mostly false; Moody backed a ban, then a weaker bill</h2> <p><em>By The GOP Files Receipts Desk. This article first appeared on <a href="https://thegopfiles.com/story/nixon-s-2m-stock-claim-rated-mostly-false-moody-backed-a-ban-then-a-weaker-bill">The GOP Files</a> on Sunday, November 1, 2026.</em></p> <p>Florida Democrat Angie Nixon told Politico on Oct. 23 that Republican Sen. Ashley Moody has grown about $2 million richer from stock trades since entering Congress. On Oct. 30, the fact-checking site PolitiFact rated that claim Mostly False .</p> <blockquote><p>That woman is trading stocks and she’s gotten richer by like $2 million dollars.</p><p>&mdash; Angie Nixon, Democratic U.S. Senate candidate, D-Fla.</p></blockquote> <p>The fact check is only part of the record. In January, Moody and Democratic Sen. Kirsten Gillibrand introduced a bill to bar lawmakers from owning or trading individual stocks . By September, her office was using the words ban stock trading for a much narrower bill, one that lets members keep the stocks they already own .</p> <h2>What the $2 million claim gets wrong</h2> <p>Federal disclosure forms list investments in broad ranges and do not show what a lawmaker paid for a stock. Campaign finance experts told PolitiFact that Nixon probably relied on Moody&#39;s annual report covering 2025. It shows $862,600 to $2.3 million in reportable income tied to investment trading, so Nixon appears to have used the top of the range .</p> <p>Alex Baumgart of OpenSecrets called working out actual profit from these filings a &quot;very inexact science, because of both the vague ranges and conflicting reporting periods&quot; .</p> <p>Timing is another problem. Moody owned stocks before she entered Congress, and her last reported transaction came in April 2025, about three months into her Senate term. She reported a net worth of $4.02 million for 2022 and $4.42 million at the end of 2023. Neither campaign answered PolitiFact&#39;s requests for comment .</p> <p>PolitiFact did find an element of truth, because Moody&#39;s disclosures show she made money on stocks . Nixon&#39;s campaign website also says Moody traded more than $2 million in stocks, including Big Pharma companies, while sitting on the Senate&#39;s Health Committee . Moody&#39;s Senate website does list that committee, along with the Special Committee on Aging .</p> <p>PolitiFact did not assess Nixon&#39;s claim about insider information from committee work . None of the reports we reviewed shows that Moody used inside information. That distinction matters, because holding stock while serving on a committee is not the same as trading on secrets.</p> <h2>Moody&#39;s explanation</h2> <p>Moody&#39;s office says the trades were made through an extended family investment partnership run by an adviser, that she did not approve or start them, and that she left the arrangement in 2025 .</p> <p>The investing site 24/7 Wall St. estimated in July that her portfolio gained 310% in a year, led by the chipmaker AMD, up 306%. It also said another holding, Super Micro Computer, fell 41%, and that the public record does not show whether all the trades were sold . That is a percentage estimate, not a dollar profit, so it does not back up Nixon&#39;s number.</p> <h2>Then: a ban on owning stock</h2> <p>In August 2025, a Moody spokesperson told the Tampa Bay Times she would support legislation to ensure there is no appearance of impropriety. The paper placed her in a middle group, neither fully for nor against a ban .</p> <p>On Jan. 15, 2026, Moody and Democratic Sen. Kirsten Gillibrand of New York announced the Restore Trust in Congress Act . It would bar lawmakers and their immediate family members from trading or owning individual stocks, and give sitting members 180 days to sell their holdings .</p> <blockquote><p>The American people must be able to trust that their elected officials are focused on results</p><p>&mdash; Ashley Moody, U.S. senator, R-Fla.</p></blockquote> <p>That bill exempted the president and vice president. Gillibrand said the president &quot;should be held to the same standard&quot; but called the bill &quot;a good place to start&quot; .</p> <h2>Now: a bill that lets members keep their shares</h2> <p>On July 22, the House passed H.R. 7008, the Stop Insider Trading Act, by 232-198 . Thirteen Democrats voted yes . It would stop members, their spouses and dependent children from buying individual stocks while the lawmaker is in office. But members could keep the stocks they already own, and could still sell after filing public notice 7 to 14 days ahead .</p> <p>The package also included a requirement to show photo ID to vote in federal elections . House Democratic Leader Hakeem Jeffries also faulted it for leaving out the president, vice president and Cabinet members .</p> <p>Moody publicly supported that bill . It failed on Sept. 30 in a 53-47 procedural vote, seven short of the 60 needed, with Republicans in favor and Democrats opposed . Her office&#39;s press release that day accused Democrats of blocking legislation to &quot;Ban Stock Trading in Congress,&quot; and she said they had passed up a chance at &quot;restoring some faith in our government&quot; .</p> <blockquote><p>Let’s be clear, this bill does not ban stock trading.</p><p>&mdash; Chuck Schumer, Senate minority leader, D-N.Y.</p></blockquote> <p>Democrats also objected to the voting provisions . Rep. Seth Moulton of Massachusetts said in July that the bill &quot;would functionally end vote-by-mail as Americans know it&quot; . That is his reading of the measure, and Republicans have defended it as a commonsense pairing of ethics and election rules. Moody said Democrats chose to play politics .</p> <h2>Why both halves of this matter</h2> <p>The pattern here runs in both directions. Nixon took the high end of a vague range and presented it as money Moody had gained.</p> <p>Moody can fairly say she wrote a real ban in January. But a bill that lets members hold on to their shares does not do what her January bill would have done, and calling both a ban blurs that difference. As of late October, lawmakers could still buy and sell individual stocks under the 2012 STOCK Act, which bans using nonpublic government information for profit and requires public reports of certain trades over $1,000 .</p> <p>Florida voters settle the Senate race on Tuesday. They can weigh the real record on both sides: a Democrat&#39;s number that does not hold up, and a Republican&#39;s ban that changed shape on the way to the Senate floor.</p> <p><em>Read the original, with every source linked, at <a href="https://thegopfiles.com/story/nixon-s-2m-stock-claim-rated-mostly-false-moody-backed-a-ban-then-a-weaker-bill">thegopfiles.com</a>. Republished under The GOP Files' <a href="https://thegopfiles.com/republish">free republishing terms</a>.</em></p> <img src="https://thegopfiles.com/api/rp/nixon-s-2m-stock-claim-rated-mostly-false-moody-backed-a-ban-then-a-weaker-bill.gif" alt="" width="1" height="1" style="border:0;width:1px;height:1px">

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Sources

1. PolitiFact, “In Florida Senate race, Nixon misleads that Moody made $2 million from stock trading in Congress” (2026-10-30). politifact.com/factchecks/2026/oct/30/angie-nixon/ashley-moo
2. AP via WUSF, “Senators launch a cross-party effort to end stock trading by lawmakers” (2026-01-16). wusf.org/politics-issues/2026-01-16/senators-launch-a-cross-
3. Office of Sen. Ashley Moody, via Capitol Releases, “Senator Moody: Democrats are the Party of No, Continue to Block Legislation to Protect Ratepayers and Ban Stock Trading in Congress” (2026-09-30). capitolreleases.com/releases/f5167b25-55e8-45c0-bac7-836ae26
4. Daily Caller, “Senate Votes Down Stock Trading Ban Critics Say Doesn't Go Far Enough” (2026-09-30). dailycaller.com/2026/09/30/stop-insider-trading-act-senate-v
5. TCU 360, “Senate blocks bill that would limit stock trading by members of Congress” (2026-10-23). tcu360.com/2026/10/23/senate-blocks-bill-that-would-limit-st
6. KRVN Rural Radio, “Ricketts calls for unanimous passage of Stop Insider Trading Act” (2026-08-01). ruralradio.com/krvn/news/ricketts-calls-for-unanimous-passag
7. Office of Sen. Ashley Moody, “About Senator Moody” (2026-11-01). moody.senate.gov/about/
8. Angie Nixon for U.S. Senate, “Media” (2026-10-12). angienixon.com/media/
9. 24/7 Wall St., “New Nancy Pelosi? Senator Ashley Moody Up 310% in One Year With These Stocks” (2026-07-01). 247wallst.com/investing/2026/07/01/new-nancy-pelosi-senator-
10. IBTimes UK, “Ashley Moody Backs a Stock-Trading Ban for Congress as July Report Estimates 310% Returns on Family-Linked Trades” (2026-10-27). ibtimes.co.uk/ashley-moody-stock-trading-ban-family-linked-t
11. Tampa Bay Times via Yahoo, “Should Congress trade stocks? We asked Florida's representatives” (2025-08-21). yahoo.com/news/articles/congress-trade-stocks-asked-florida-
12. Office of Rep. Seth Moulton, “Vote Explainer: H.R. 7008, the Stop Insider Trading Act” (2026-07-22). moulton.house.gov/news/press-releases/vote-explainer-hr-7008
13. Office of Sen. Ashley Moody, via Capitol Releases, “NEWS RELEASE: Senators Moody & Gillibrand Lead Bipartisan Bill to Ban Stock Trading by Members of Congress” (2026-01-15). capitolreleases.com/releases/6d4a8a06-5687-40f0-8412-61ad93f

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