agriculture · stock-sale · committee-conflict
House Agriculture Member’s Spouse Sold Deere Stock Right After Landmark FTC Deal
The July 10 transaction by the spouse of Rep. Dan Newhouse came two days after a major "right to repair" antitrust settlement.
2026-07-26 — Dan Newhouse · DE
Key facts
- The spouse of Rep. Dan Newhouse sold between $1,001 and $15,000 of Deere & Company stock on July 10, 2026.
- The trade occurred two days after the FTC and five states announced a major 'right to repair' antitrust settlement forcing Deere to allow self-repair.
- Rep. Newhouse serves on the House Agriculture Committee and chairs its Subcommittee on Forestry and Horticulture.
- The transaction was part of a broader 31-trade batch executed on the same day, suggesting routine portfolio rebalancing.
On July 8, 2026, the Federal Trade Commission (FTC) and five states announced a landmark antitrust settlement with Deere & Company, forcing the agricultural machinery giant to let farmers repair their own equipment. Just two days later, the spouse of Rep. Dan Newhouse (R-Wash.) sold between $1,001 and $15,000 of Deere stock.
The transaction was disclosed quickly on July 17, 2026, just seven days after execution. Under the STOCK Act, members of Congress are required to disclose trades within 45 days, and disclosed amounts are reported in ranges.
Newhouse is highly influential in agricultural policy. He serves on the House Committee on Agriculture and the House Committee on Appropriations' Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies. He also chairs the Agriculture Committee's Subcommittee on Forestry and Horticulture, which oversees forestry policy—a key market for Deere's substantial construction and forestry division.
While the timing of the July 10 transaction aligns closely with the major regulatory shift, our analysis suggests the trade may have been part of a routine portfolio adjustment rather than a targeted reaction. The Deere sale was executed as part of a massive 31-trade batch on the same day, all falling within the exact same $1,001 to $15,000 range. The spouse's other transactions that day included selling shares of Eli Lilly and Alphabet, while purchasing Micron Technology and Costco.
Furthermore, the spouse has a history of trading Deere stock roughly once a year since 2021, with all five previous transactions also falling in the $1,001 to $15,000 range.
Whether a calculated exit or a routine programmatic rebalance, the timing of the trade highlights the persistent overlap between personal portfolios and congressional oversight.