Rep. Ro Khanna disclosed roughly $32,000 in trades of JPM between Feb. 19 and March 30, a burst of buying and selling in one of Wall Street’s most closely watched banking stocks.
The California Democrat reported four transactions in JPMorgan Chase & Co., the $764.4 billion banking giant whose earnings are widely viewed as a barometer for U.S. credit conditions and capital markets activity. The trades, each valued between $1,000 and $15,000, were executed by Khanna and a dependent child.
- Feb. 19, 2026: Buy — $1,000–$15,000 (DC)
- March 10, 2026: Buy — $1,000–$15,000 (Self)
- March 23, 2026: Sell — $1,000–$15,000 (DC)
- March 30, 2026: Buy — $1,000–$15,000 (DC)
JPMorgan shares recently traded at $283.44, within a 52-week range of $202.16 to $337.25. The stock remains below its annual high but well above last year’s lows, reflecting resilience in large-cap financials despite persistent uncertainty around interest rates and loan growth.
The timing of the transactions coincided with heightened investor focus on bank earnings and Federal Reserve policy signals. As the nation’s largest bank by assets, JPMorgan’s performance often sets the tone for the broader financial sector, spanning consumer lending, investment banking, asset management and payments.
Khanna serves on the House Committee on Armed Services and the House Committee on Oversight and Government Reform, as well as the select committee examining strategic competition with China. While he does not sit on the House Financial Services Committee, his oversight and cybersecurity panel assignments intersect with issues affecting major financial institutions, including cyber risk and systemic stability.
Lawmakers are required under the STOCK Act to disclose stock transactions within 45 days. Khanna has reported 17,672 trades over his congressional career, placing him among the more active members in terms of transaction volume. The recent JPMorgan activity adds to that tally.
JPMorgan is also one of the most widely held stocks on Capitol Hill. At least 139 lawmakers have reported trading the bank, underscoring its status as a blue-chip holding and a proxy for the health of the U.S. economy.
The sequence of buys and a partial sale suggests portfolio rebalancing rather than a single directional bet. The March 23 sale came between two purchase disclosures, indicating continued exposure even after trimming a position. Because congressional disclosures provide only broad dollar ranges, the precise size of the stake is unclear.
Financial stocks have drawn renewed attention in Washington as policymakers debate capital requirements, bank supervision and cybersecurity standards. Large institutions like JPMorgan routinely engage with regulators and lawmakers on those issues, making their shares a recurring presence in congressional portfolios.
Khanna’s JPMorgan activity appears alongside a steady stream of latest congressional trades involving major banks and financial firms, reflecting lawmakers’ continued interest in companies tied closely to macroeconomic trends.
For investors and watchdog groups alike, trades in systemically important banks tend to attract scrutiny given their sensitivity to regulatory and economic developments. In this case, Khanna’s disclosures show measured, incremental moves rather than large, concentrated bets.