Recent financial disclosures show the household of Ro Khanna making a notable investment in telecommunications giant T, with purchases totaling roughly $83,000 during a one‑week stretch in February.
The California Democrat reported two AT&T purchases between Feb. 17 and Feb. 24, 2026, according to periodic transaction reports filed under the STOCK Act. The filings show buying activity from two different owners within the lawmaker’s household.
AT&T is one of the largest telecommunications companies in the United States, with a market capitalization of about $196.5 billion and a recent share price around $27.72. The company derives most of its revenue from wireless subscribers while expanding fiber broadband infrastructure nationwide. Investors closely track subscriber growth, average revenue per user, and the company’s cash flow, particularly given its sizable dividend and heavy network investment requirements.
Details of the February Purchases
- Feb. 17, 2026: Buy — $1,000–$15,000 (spouse)
- Feb. 24, 2026: Buy — $50,000–$100,000 (DC)
Based on the reported ranges, the combined value of the two transactions is estimated at roughly $83,000. Congressional disclosure rules require lawmakers to report transactions within broad dollar bands rather than precise amounts.
The purchases came within a seven‑day period, suggesting a concentrated accumulation of shares. AT&T stock has long been favored by income-focused investors because of its dividend, which has historically been among the highest yields in the large‑cap telecom sector.
Telecom Giant Widely Held on Capitol Hill
AT&T is also a frequently traded company among lawmakers. At least 84 members of Congress have reported trades involving the stock, reflecting the company’s prominence in major indexes and dividend‑focused portfolios.
Khanna himself has been one of the most active traders in Congress over time, with roughly 19,625 career transactions disclosed. Those trades span a wide range of sectors and are often reported across multiple household accounts.
The latest AT&T purchases place the lawmaker’s household among many on Capitol Hill with exposure to the telecom sector. Large telecommunications firms like AT&T operate at the center of several policy debates in Washington, including broadband expansion, spectrum allocation, and network security.
Khanna serves on the House Committee on Armed Services and the House Committee on Oversight and Government Reform, and also sits on the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. Within Armed Services, he participates on subcommittees including Cyber, Information Technologies, and Innovation, where issues such as network resilience, cybersecurity, and communications infrastructure frequently arise.
Members of Congress are allowed to buy and sell individual stocks, but the STOCK Act requires them to publicly disclose transactions within 45 days. Those filings are compiled alongside other latest congressional trades, offering the public insight into lawmakers’ financial activity.
AT&T shares remain a staple of dividend‑oriented portfolios and large institutional holdings. For investors watching congressional disclosures, the Khanna household’s February purchases add another data point showing continued interest in the telecom heavyweight.