Household accounts linked to Ro Khanna reported buying tens of thousands of dollars in shares of home‑improvement giant HD in February, according to a recent congressional financial disclosure.
The California Democrat disclosed two purchases of The Home Depot, Inc. stock between Feb. 17 and Feb. 24, with the combined reported value estimated at roughly $83,000 based on midpoint calculations. Congressional disclosures list transactions in broad ranges, meaning the total value could fall anywhere between about $51,000 and $115,000.
The filings show activity across two household accounts:
- Feb. 17, 2026: Buy — $1,000 to $15,000 (Spouse)
- Feb. 24, 2026: Buy — $50,000 to $100,000 (DC)
The purchases came as Home Depot shares traded near the mid‑$300 range. The retailer currently carries a market capitalization of about $337.5 billion and a share price around $339.
A bellwether for housing and renovation spending
Home Depot is widely viewed by investors as a proxy for the health of the U.S. housing and renovation market. The Atlanta‑based retailer operates thousands of warehouse‑style stores that sell building materials, tools, appliances, and installation services to do‑it‑yourself homeowners and professional contractors.
Demand for its products tends to rise when home sales are strong or when homeowners invest in renovations, making the company closely tied to housing turnover and consumer spending on home projects.
In recent quarters, investors have watched the company for signs of how higher mortgage rates and housing affordability pressures are affecting renovation activity. Despite those headwinds, Home Depot remains one of the largest and most closely followed retailers in the consumer cyclical sector.
Widely held on Capitol Hill
Khanna is far from alone on Capitol Hill in holding the home‑improvement giant. Financial disclosures show that 71 lawmakers have reported trading Home Depot shares, making it one of the more commonly held retail stocks among members of Congress.
Members of Congress and their immediate families are allowed to buy and sell individual stocks, though the STOCK Act requires them to publicly disclose trades within 45 days. These filings feed into databases tracking the latest congressional trades.
A prolific trader
Khanna has been among the most active members of Congress in terms of reported trading activity. Across his career disclosures, more than 19,625 transactions have been recorded in financial filings associated with the lawmaker.
The Democrat represents California's Silicon Valley‑anchored district and serves on the House Armed Services Committee and the House Oversight and Government Reform Committee. He is also a member of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, as well as subcommittees covering cybersecurity, innovation, and energy policy.
While those assignments primarily focus on defense, technology, and government oversight rather than retail or housing, the trades add to the ongoing scrutiny surrounding lawmakers’ personal investment activity.
The February purchases suggest the Khanna household increased its exposure to the home‑improvement retailer during a period when investors were closely watching consumer spending and the direction of the U.S. housing market.