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Khanna’s $6M Home, $340M Trusts Undercut Stock-Trade Ban

7/2/2026

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Summary

Story summary

Rep. Ro Khanna (D-CA) owns a $6 million Washington home while his family’s $340 million fortune sits in trusts he condemns.
His trusts executed over 4,100 stock trades worth $53 million in 2025 as he pushes to ban congressional stock trading.
Analysts say his shift toward a socialist platform pits him against moderate Democrats and lowers his chances for the 2028 nomination.

History

Historical Context

The Stop Trading on Congressional Knowledge Act, signed by President Barack Obama on April 4 2012 after a 60 Minutes expose and bipartisan Senate (96-3) and House (417-2) votes, forced members of Congress to post stock trades within 45 days. In the nine months to September 2021 lawmakers disclosed about 4,000 trades worth $315 million, a benchmark for current proposals to ban congressional stock ownership.

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Story summary

Rep. Ro Khanna (D-CA) owns a $6 million Washington home while his family’s $340 million fortune sits in trusts he condemns.
His trusts executed over 4,100 stock trades worth $53 million in 2025 as he pushes to ban congressional stock trading.
Analysts say his shift toward a socialist platform pits him against moderate Democrats and lowers his chances for the 2028 nomination.

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