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Main Authors: Roodman, Benjamin Pham, Sy, Eugene, Vázquez, J. Xavier Atero, Huang, Yu-Shiang, Lin, Che, Wang, Chaun-Ju
Format: Preprint
Published: 2026
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Online Access:https://arxiv.org/abs/2602.05514
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author Roodman, Benjamin Pham
Sy, Eugene
Vázquez, J. Xavier Atero
Huang, Yu-Shiang
Lin, Che
Wang, Chaun-Ju
author_facet Roodman, Benjamin Pham
Sy, Eugene
Vázquez, J. Xavier Atero
Huang, Yu-Shiang
Lin, Che
Wang, Chaun-Ju
contents Congressional stock trading has raised concerns about potential information asymmetries and conflicts of interest in financial markets. We introduce a temporal graph network (TGN) framework to identify information channels through which members of Congress may possess advantageous knowledge when trading company stocks. We construct a multimodal dynamic graph integrating diverse publicly available datasets, including congressional stock transactions, lobbying relationships, campaign finance contributions, and geographical connections between legislators and corporations. Our approach formulates the detection problem as a dynamic edge classification task, where we identify trades that exhibit statistically significant outperformance relative to the S&P 500 across long time horizons. To handle the temporal nature of these relationships, we develop a two-step walk-forward validation architecture that respects information availability constraints and prevents look-ahead bias. We evaluate several labeling strategies based on risk-adjusted returns and demonstrate that the TGN successfully captures complex temporal dependencies between congressional-corporate interactions and subsequent trading performance.
format Preprint
id arxiv_https___arxiv_org_abs_2602_05514
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Detecting Information Channels in Congressional Trading via Temporal Graph Learning
Roodman, Benjamin Pham
Sy, Eugene
Vázquez, J. Xavier Atero
Huang, Yu-Shiang
Lin, Che
Wang, Chaun-Ju
Computational Engineering, Finance, and Science
Congressional stock trading has raised concerns about potential information asymmetries and conflicts of interest in financial markets. We introduce a temporal graph network (TGN) framework to identify information channels through which members of Congress may possess advantageous knowledge when trading company stocks. We construct a multimodal dynamic graph integrating diverse publicly available datasets, including congressional stock transactions, lobbying relationships, campaign finance contributions, and geographical connections between legislators and corporations. Our approach formulates the detection problem as a dynamic edge classification task, where we identify trades that exhibit statistically significant outperformance relative to the S&P 500 across long time horizons. To handle the temporal nature of these relationships, we develop a two-step walk-forward validation architecture that respects information availability constraints and prevents look-ahead bias. We evaluate several labeling strategies based on risk-adjusted returns and demonstrate that the TGN successfully captures complex temporal dependencies between congressional-corporate interactions and subsequent trading performance.
title Detecting Information Channels in Congressional Trading via Temporal Graph Learning
topic Computational Engineering, Finance, and Science
url https://arxiv.org/abs/2602.05514