Originally posted at >>>/qresearch/24573773 (051604ZMAY26) Notable: Comprehensive public records audit conducted on Congressman @RoKhanna
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>>44349
COUNT 1: Filing trade reports late
This sounds like a technical detail, but it is not. It is the pattern of misbehavior that enabled everything else.
When a member of Congress, their spouse, or their kid makes a stock trade worth more than $1,000, they have to report it within 45 days. That's the STOCK Act, passed in 2012. Each late report costs at least $200 in fines.
Out of about 36,000 auditable trades made by Khanna, 624 were filed late.
The worst one was 358 days late - almost a full year. A trade in HUMANA stock made in October 2023 wasn't reported until November 2024.
The complaint provides a calculation of how Khanna fares compared to other Congressmen in terms of how often he is late in filing.
Khanna's rate of late filing (1.74%) is better than most members of Congress. The average House member is late on 10% of trades.
So if you measured just the percentage, he'd look fine.
But here's where things get crazy.
The complaint uses a special "composite score" that combines (1) how much money is involved, (2) how late, and (3) how many trades.
By that score, Khanna ranks in the top 7% of the entire House.
This means that Khanna's late filings expose more dollars to delayed disclosure than 93% of members.
A late report means the public can't see what a member of Congress is buying or selling at the time it happens.
By the time it's disclosed, the value of the inside information is gone.
The late filings are not hitting Khanna on a technicality.
They imply that the entire system designed to prevent insider trading in Congress is broken inside Khanna's office.
The 45-day disclosure rule is not a paperwork deadline. It is the security camera. It is the only mechanism that lets the public see what a Congressman is buying while the trade still matters - while the bill is still being debated, while the FDA decision is still pending, while the news is still fresh.
When Khanna files 358 days late, the camera is off. By the time anyone sees the trade, the moment has passed. The witnesses have moved on. The dots cannot be connected.
A few late filings is a paperwork mistake. 624 of them, on a household making 37,000 trades, in the exact industries Khanna's committees regulate, is a system.
It is Khanna's system. It is how he does his dirty work.
And it is the system that lets every other count in this complaint happen in the dark.
Until now.
The complaint asks for:
1. Civil penalties for the late filings.
2. A requirement that Khanna set up an actual qualified blind trust going forward.
3. An Ethics Committee finding under House Rule XXIII that the absolute-count and composite-score chamber rankings reflect conduct that does not reflect creditably on the House.
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COUNT 2: Buying defense stocks right before defense bills pass
Members of Congress can't trade based on inside information they got from doing their congressional job (the STOCK Act, sections 3 and 4).
Khanna sits on the House Armed Services Committee, which writes the giant yearly defense bill (the NDAA).
And across four different years, his household bought stock in big defense contractors (Boeing, Lockheed Martin, Northrop Grumman, Raytheon, etc.) right before the NDAA passed:
> 7 defense stock buys 12 days before the 2018 NDAA
> 4 defense stock buys 4 days before the 2021 NDAA override
> 1 Palantir buy 13 days before the 2022 NDAA
> 2 Raytheon buys 2 days before the 2024 NDAA
Khanna publicly voted NO on 12 of 13 of these NDAA passage votes.
So he's saying "I oppose this bill" with his vote.
But his family is buying stock in the companies that would benefit from it passing.
That, of course, is insane.
The complaint argues this is the worst version of the conflict:
Khanna gets the political credit for opposing the bill.
Meanwhile, he makes money from insider knowledge from sitting on the Committee, knowing it would pass anyway.
In addition.
Khanna sits on a committee that oversees defense contracts. The data analytics company Palantir got $4.88 billion in federal contracts during his time in Congress.
On at least nine separate days, Palantir got a federal contract AND Khanna's household bought Palantir stock the same day.
One of these was a $19 million Air Force contract on May 10, 2022: the same day his dependent child's account made six separate Palantir trades.
Khanna's defense trades made about $5.4 million in profits beyond what the broader market did, suggesting that Khanna was using his insider knowledge through the intermediary of his dependent child to beat the market.
What the complaint asks for:
1. Send to House Ethics.
2. Send to DOJ for possible criminal charges.
3. Force Khanna to give back the $5.4 million.
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continued