Budget Committee Member Tim Moore's Multi-Million Dollar Bets on Housing Prices and Motorcycle Stocks

Republican Congressman Tim Moore of the U.S. House of Representatives net-purchased shares of homebuilder LGI Homes (LGI Homes: LGIH) and motorcycle manufacturer Harley-Davidson (Harley-Davidson: HOG) worth up to several hundred million Korean won during March, according to a March 24 (local time) transaction disclosure. As a member of both the House Financial Services Committee and the Budget Committee—overseeing financial regulation as well as economic and fiscal policy—Moore’s aggressive purchases of individual stocks in economically sensitive sectors have prompted renewed concerns over potential conflicts of interest. (timmoore.house.gov)

According to the filing, on March 12, 18, 19, 20 and 23, Moore bought LGI Homes shares in five separate transactions, each ranging from $15,001 to $50,000, and one in the $50,000–$100,000 bracket, establishing a total position valued between $95,000 and $250,000 (approximately KRW 130 million–330 million). Headquartered in Texas, LGI Homes ranks among the top U.S. homebuilders, specializing in relatively affordable single-family homes aimed at first-time buyers across some 20 states. In its Q4 2025 earnings report, the company disclosed a roughly 15% year-over-year revenue decline and margin pressure, and issued conservative guidance for 2026—warning that home deliveries and margins are unlikely to improve significantly from 2025 levels. Its stock fell about 6% on the announcement and currently trades near $39 per share. (nl.investing.com)

The March 12 filing also shows a $15,001–$50,000 purchase of Harley-Davidson shares. With over a century of history, Harley-Davidson is known for its premium cruiser motorcycles and an older customer base. The company has faced prolonged sales weakness from sluggish global demand, reporting double-digit revenue declines for full-year 2025 and a Q4 loss. Its stock plunged about 8% after the earnings release—approaching a 52-week low—and is trading around $19 per share, reflecting uncertainty over ongoing restructuring, workforce reductions and its mid-to-long-term strategy due in May. (investor.harley-davidson.com)

Moore serves as Vice Chair of the Subcommittee on Oversight and Investigations under the Financial Services Committee and sits on the Budget Committee, roles that involve hearings and legislation on banking, housing finance, consumer credit, federal fiscal policy and stimulus measures. Observers argue that his personal investments in a homebuilder and a cyclical consumer goods company—both directly affected by interest-rate and mortgage regulations as well as fiscal stimulus—pose a clear potential conflict of interest. Meanwhile, Congress is again accelerating bipartisan efforts in 2025–2026 to ban individual stock trading by members. Recent polls show over 80% of U.S. voters support prohibiting lawmakers and their families from trading stocks, heightening both regulatory risks and public scrutiny. (timmoore.house.gov)