Opposition ResearchREF: CA-17 / KHANNA-RMG-2026
Ro Khanna on CNBC — Congressional Stock Trading: Should Rules Be Stricter?
CNBC Squawk Box · Congressional Stock TradingExhibit A · File Open

Ro Khanna
Must Go

The progressive champion who built a $27 million fortune trading nuclear weapons components, fossil fuels, and defense contractors — while publicly crusading against the exact same industries.

This is not leadership. This is elite impunity.

Donate

$55.7M

Trades in 2025

#3

Most active in Congress

$27M

Household fortune

10K+

Stolen donor records

The Core Contradiction

While Khanna Attacks Wall Street and the Military-Industrial Complex

His household quietly became one of the most active stock traders in Congress.

$55.7 MILLION

in trades in 2025 alone — 3rd most active household in the entire United States Congress.

As co-chair of the Congressional Progressive Caucus, Khanna rails against corporate greed and Wall Street landlords. He co-sponsored the Stop Wall Street Landlords Act while his family executed a trading volume that would embarrass a hedge fund. He lectures America about corruption. His household runs a high-frequency trading operation from the same address where he sleeps.

The Divestment Lie

He Promised to Divest From Defense and Fossil Fuels. Then He Bought More.

Exhibit A

Honeywell

  • Nuclear weapons supply chain
  • Minuteman III
  • GBSD
  • Post-pledge purchases
  • $15,001–$50,000
Exhibit B

Leidos / Dynetics

  • MOAB bomb
  • Hypersonic weapons systems
  • Continued trading after divestment promise
  • $50,001–$100,000
Exhibit C

General Dynamics

  • Nuclear submarines
  • Major DoD prime contractor
  • Multiple transactions
  • $100,001–$250,000
Exhibit D

Phillips 66

  • Refining
  • Fossil fuel infrastructure
  • Bought after fossil fuel divestment pledge
  • $15,001–$50,000
Exhibit E

Coterra Energy

  • Fracking operations
  • Natural gas extraction
  • Active trading throughout 2024–2025
  • $50,001–$100,000
Exhibit F

Xcel Energy

  • Coal-fired power plants
  • Utility fossil portfolio
  • Post-pledge acquisition
  • $15,001–$50,000
“Code Pink celebrated that the Khannas had ‘no investments in weapons manufacturers.’ The trades continued anyway.”

The Broken Alliance

The Leaders Who Built His Career Stopped Funding the Act

Khanna endorsed a 5% wealth tax on the same innovators who bundled millions, opened doors, and put him in Congress. He didn't challenge Wall Street — he turned on the people who actually built his career.

Sergey Brin

$20M+ supporting reform-minded candidates across California

Schmidt · Thiel · Tan · Conway

Backing competitive primaries and real accountability in CA-17

Support shifted to “Building a Better California” and the Ethan Agarwal primary challenge — not because Khanna's opponents are villains, but because Khanna's performative populism finally collided with the record. The coalition that elevated him is now investing in an alternative who can win.

He burned the bridge. CA-17 gets a real choice.

Geopolitical Subversion

He Helped Send Billions to Russia's Military-Industrial Complex

Khanna aggressively pushed for a CAATSA waiver allowing India to purchase Russia's S-400 missile defense system — a $5.4 billion deal that directly funded Moscow's defense industry.

Turkey was punished with sanctions for the exact same purchase. Khanna argued India deserved a pass. He framed it as anti-war pragmatism while aligning with Code Pink's anti-imperial rhetoric — but the waiver sent billions to the same Russian military-industrial complex he claims to oppose.

He doesn't get to be anti-war and pro-Russian arms deals at the same time.

Campaign Ethics Scandals

The ‘Anti-PAC’ Crusader Who Stole Donor Data

The Honda Data Theft

Khanna's campaign stole 10,000+ donor records from Rep. Mike Honda's re-election operation. A federal lawsuit followed. Khanna dismissed it as an “error of judgment” — the same phrase corrupt politicians use when they get caught.

The Anti-PAC Fraud

Khanna built his brand rejecting corporate PAC money — while relying on Silicon Valley bundlers who raised millions from the same network that elevated him. That support has moved on. The hypocrisy remains.

Evidence Summary

What Khanna Says vs. What His Household Does

What Khanna Says
What His Household Does
“I don’t take PAC money.”
Relied on Silicon Valley bundlers who raised millions — then attacked them with a wealth tax endorsement.
“We must divest from weapons manufacturers.”
Household traded Honeywell, Leidos, General Dynamics after the pledge.
“Stop the military-industrial complex.”
$55.7M in trades in 2025 — 3rd most active household in Congress.
“End fossil fuel dependence.”
Bought Phillips 66, Coterra, Xcel Energy after promising divestment.
“Stand with Code Pink against war profiteering.”
Pushed CAATSA waiver letting India buy Russia’s S-400 missile system.
“Corporate PACs corrupt our democracy.”
Stole 10,000+ donor records from Rep. Mike Honda’s campaign.

The Demand

Ro Khanna Has Forfeited the Right to Represent CA-17

This is not a disagreement on policy. This is a congressman who built a personal fortune trading the very industries he publicly demonizes — nuclear weapons, fossil fuels, defense contractors — while lecturing working Americans about corruption and corporate greed.

Performative progressivism backed by elite impunity is not representation. It is fraud with a press release. Khanna stole donor data, broke divestment pledges, and ran a trading operation that would make a hedge fund blush — all while co-chairing the Progressive Caucus.

He doesn't get to lecture America about corruption while his family runs a high-frequency trading operation from his household. Resignation — or a serious primary defeat — is the only acceptable outcome.

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