Ro Khanna
Democrat House (CA) Committee Conflict

Ro Khanna × WFC

Wells Fargo & Co (Banking)

103
Disclosed Trades
$906K
Total Buys
9y
Stacking
The Conflict

103 Trades in a Major Regulated Bank

Wells Fargo is one of the most heavily regulated financial institutions in the United States, subject to oversight by the Federal Reserve, the OCC, and Congress. Ro Khanna sits on the House Oversight and Government Reform Committee, which has jurisdiction over federal agency conduct and financial regulation enforcement, as well as the Armed Services Committee, which intersects with defense-sector banking and contractor financing. His family trust has accumulated 103 disclosed trades in Wells Fargo across a substantial window, with the 10 most recent spanning January through October 2025. The recurring pattern of small-minimum purchases punctuated by larger outlier transactions, all in a systemically important bank subject to active congressional oversight, warrants close attention to the overall volume and cadence.

Wells Fargo is a diversified financial services company offering retail banking, commercial lending, mortgage origination, and wealth management. Its operations are directly shaped by federal regulatory decisions, congressional oversight hearings, and monetary policy, making it sensitive to legislative and executive branch activity.

House Committee on Oversight and Government Reform
Oversees federal agencies including financial regulators such as the OCC and CFPB, which directly supervise Wells Fargo's operations, compliance obligations, and any enforcement actions against major banks.
House Committee on Armed Services, Subcommittee on Cyber, Information Technologies, and Innovation
Oversees DOD digital modernization and defense contractor relationships, which intersects with large financial institutions that provide banking and financing services to defense contractors and federal agencies.
Select Committee on Strategic Competition Between the United States and the Chinese Communist Party
Examines U.S. financial system exposure to Chinese entities and supply chain vulnerabilities, areas where major banks like Wells Fargo face regulatory and reputational scrutiny related to cross-border transactions.

Trade-by-trade conflict scoring

Showing the 10 most recent of 103 disclosed trades. Each is scored against five rule-based signals.

Trade Date
Jan 22, 2025
Size
$15K
Conflict Score
4 High
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
+1 pts
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna sits on the House Oversight Committee, which oversees federal financial regulators that directly supervise Wells Fargo.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 15 days after the trade, well within both the 30-day internal flag threshold and the 45-day STOCK Act deadline.
  • Unusually Large: At $15,001, this buy is approximately 15 times the median trade size of $1,001 for this politician-ticker pair.
  • Member Cluster: Only one member disclosed a Wells Fargo trade in the surrounding 14-day window, below the three-member cluster threshold.
Analyst note

This January 22, 2025 buy of approximately $15,001 in Wells Fargo stands out as an outlier in the broader disclosed pattern for this politician-ticker pairing. Across 103 total disclosed trades, the median transaction size is $1,001, making this purchase roughly 15 times that baseline. The disclosure was filed on February 6, 2025, a 15-day delay that falls comfortably within both the internal 30-day flag threshold and the 45-day STOCK Act deadline. No cluster of other members was active in this name around the same period. Khanna serves on the House Oversight and Government Reform Committee, which has jurisdiction over federal financial regulators including those that directly oversee Wells Fargo's compliance and enforcement posture. The elevated transaction size relative to the surrounding cadence of minimum-tier purchases is the primary signal here, occurring at the start of a new congressional term when regulatory priorities are often being reset.

Trade Date
Feb 25, 2025
Size
$1K
Conflict Score
5 High
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
no fire
Member Cluster
+2 pts
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee role covers federal regulators that supervise Wells Fargo's compliance and enforcement obligations.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Disclosed 9 days after the trade, well under the 30-day internal threshold and the 45-day statutory deadline.
  • Unusually Large: Trade size of $1,001 matches the median exactly, registering no size anomaly for this politician-ticker pair.
  • Member Cluster: Three members in total disclosed Wells Fargo trades within the same 14-day window, meeting the cluster threshold.
Analyst note

This February 25, 2025 buy of approximately $1,001 in Wells Fargo is at the minimum disclosure tier and in isolation would draw little attention. However, the member cluster signal fires here, with a total of three members disclosing Wells Fargo trades within the same 14-day window, meeting the threshold that suggests broader congressional interest in the stock at this moment. The disclosure was filed within 9 days, which is prompt. Across 103 total disclosed trades in this name, this transaction fits the recurring pattern of small-minimum purchases that punctuate the portfolio's activity in Wells Fargo. Khanna's committee position on Oversight and Government Reform, which has jurisdiction over the federal agencies that regulate major banks, provides a structural reason why his continued exposure to Wells Fargo warrants scrutiny even when individual transactions are small. The clustering of member activity around this date is the most noteworthy element of this particular trade.

Trade Date
Mar 18, 2025
Size
$1K
Conflict Score
3 Medium
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
no fire
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee seat covers federal financial regulators that directly supervise Wells Fargo's operations and enforcement actions.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 23 days after the trade, beneath the 30-day internal flag threshold and the 45-day STOCK Act deadline.
  • Unusually Large: At $1,001, this trade matches the median exactly and does not register as an outlier in size.
  • Member Cluster: Only two members disclosed Wells Fargo trades in the 14-day window around this date, below the three-member threshold.
Analyst note

This March 18, 2025 buy of approximately $1,001 in Wells Fargo is a minimum-tier transaction with no size anomaly, no disclosure delay beyond the internal flag threshold, and no meaningful cluster of other members active in this name around the same period. The disclosure was filed April 10, a 23-day lag that is below Kapitol's 30-day flag level. In isolation, this trade presents a low signal profile. Its relevance is primarily contextual: it represents one data point in a much larger pattern of 103 total disclosed trades in Wells Fargo, suggesting a sustained and deliberate exposure to the stock rather than opportunistic positioning. Khanna's family trust appears to be accumulating small positions in Wells Fargo on a recurring basis. Given his committee role overseeing federal regulators that supervise major banks, the aggregate pattern of this ongoing activity in a regulated financial institution remains the structural consideration worth monitoring.

Trade Date
Apr 4, 2025
Size
$1K
Conflict Score
5 High
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
+2 pts
Unusually Large
no fire
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee jurisdiction includes federal agencies that regulate and can take enforcement action against Wells Fargo.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 38 days after the trade, exceeding the 30-day internal flag threshold, though still within the 45-day STOCK Act deadline.
  • Unusually Large: At $1,001, this trade is at the median and does not register as an outlier in terms of transaction size.
  • Member Cluster: Only one member disclosed a Wells Fargo trade within the 14-day window around this date, below the three-member threshold.
Analyst note

This April 4, 2025 buy of approximately $1,001 in Wells Fargo was disclosed on May 12, a 38-day delay that exceeds Kapitol's internal 30-day flag threshold. It is worth noting that 38 days remains within the 45-day STOCK Act statutory deadline, so no legal violation is indicated. The transaction itself is minimum-tier with no size anomaly, and no cluster of other members was active in this stock at the time. The filing tardiness is the primary signal here, pushing the disclosure closer to the statutory outer limit than the typical cadence for this politician's other filings in this name. Across the 10 most recent trades reviewed, most were disclosed within 10 to 27 days, making this 38-day lag a relative outlier in the reporting pattern even if it remains legally compliant. Combined with Khanna's committee oversight of federal financial regulators, the delayed reporting on even a small transaction in a supervised institution is worth flagging.

Trade Date
Apr 15, 2025
Size
$15K
Conflict Score
4 High
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
+1 pts
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee role includes jurisdiction over the regulatory agencies that supervise Wells Fargo's ongoing compliance.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 27 days after the trade, below both the 30-day internal flag threshold and the 45-day STOCK Act deadline.
  • Unusually Large: This sell of $15,001 is approximately 15 times the median trade size of $1,001 for this politician-ticker pair.
  • Member Cluster: Only one member disclosed a Wells Fargo trade in the surrounding 14-day window, below the cluster threshold of three.
Analyst note

This April 15, 2025 sell of approximately $15,001 in Wells Fargo is one of the larger transactions visible in the recent disclosed record for this politician-ticker pairing, clocking in at roughly 15 times the median transaction size of $1,001. The trade was disclosed on May 12, a 27-day delay that falls just below Kapitol's 30-day internal flag threshold and well within the 45-day STOCK Act deadline. Notably, this sell comes only 11 days after the April 4 minimum-tier buy, suggesting a possible short-horizon position adjustment rather than a long-term holding change. No other members clustered around Wells Fargo in this window. Across the full 103-trade disclosed history in this name, the alternating pattern of small accumulation buys and periodic larger sales is a recurring structural feature. Khanna's committee oversight of federal financial regulators adds context to why any outsized transaction in a major supervised bank merits attention.

Trade Date
May 19, 2025
Size
$1K
Conflict Score
3 Medium
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
no fire
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna serves on the Oversight Committee, which has jurisdiction over federal regulators that supervise Wells Fargo directly.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 22 days after the trade, below the 30-day internal flag threshold and the 45-day STOCK Act statutory deadline.
  • Unusually Large: At $1,001, this transaction matches the median and does not constitute an outlier in size for this pairing.
  • Member Cluster: Two members disclosed Wells Fargo trades in the 14-day window, one short of the three-member cluster threshold.
Analyst note

This May 19, 2025 buy of approximately $1,001 in Wells Fargo is a standard minimum-tier transaction with no size anomaly. The disclosure was filed June 10, a 22-day delay comfortably inside both the internal 30-day flag and the STOCK Act's 45-day limit. Two other members were active in Wells Fargo within the surrounding window, one short of triggering the cluster signal. In isolation, this trade carries low signal density. Its significance is primarily contextual within the 103-trade disclosed history in this name, where such minimum-tier purchases appear to represent a recurring accumulation pattern. The overall volume and frequency of disclosed trades in Wells Fargo by this politician's family trust, combined with Khanna's committee oversight of the regulatory bodies that supervise major banks, is the structural observation that gives even routine minimum-tier transactions additional relevance in the aggregate picture.

Trade Date
Jun 18, 2025
Size
$1K
Conflict Score
3 Medium
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
no fire
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee position covers federal financial regulators with direct supervisory authority over Wells Fargo.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 21 days after the trade, below the 30-day internal flag threshold and the 45-day statutory deadline.
  • Unusually Large: At $1,001, the trade is at the median and registers no size anomaly for this politician-ticker pairing.
  • Member Cluster: Two members disclosed Wells Fargo trades in the 14-day window, falling one short of the three-member cluster threshold.
Analyst note

This June 18, 2025 buy of approximately $1,001 in Wells Fargo presents a low individual signal profile, with no size anomaly, no disclosure delay above the internal threshold, and no member cluster. The filing was made July 9, representing a 21-day lag that is well within both the internal flag level and the statutory deadline. Two other members were active in Wells Fargo within the surrounding window but did not meet the clustering threshold. This trade falls into the recurring pattern of small-position accumulation that characterizes the majority of the 103 total disclosed trades in this name. Taken individually, it adds little new information. Taken as part of the sustained, high-frequency exposure to Wells Fargo, and considered alongside Khanna's committee oversight of the regulatory infrastructure governing major U.S. banks, the volume and consistency of this activity remains the more significant structural observation.

Trade Date
Jun 23, 2025
Size
$1K
Conflict Score
3 Medium
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
no fire
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee role gives him oversight of the federal regulators that supervise Wells Fargo's compliance obligations.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed 16 days after the trade, comfortably within the 30-day internal flag threshold and the 45-day STOCK Act deadline.
  • Unusually Large: At $1,001, this trade is at the median and registers no size anomaly for this politician-ticker pairing.
  • Member Cluster: Only one other member disclosed a Wells Fargo trade in the 14-day window, well below the three-member threshold.
Analyst note

This June 23, 2025 buy of approximately $1,001 in Wells Fargo came just five days after trade 5286, reflecting a second minimum-tier purchase in the same month. The disclosure was filed July 9 alongside the June 18 trade, a 16-day delay for this transaction that is well within compliance thresholds. No size anomaly is present and no cluster of other members was active in the name. The notable feature here is the rapid sequencing of two separate Wells Fargo buys within the same calendar month, a pattern consistent with incremental accumulation visible across the broader 103-trade disclosed history. Khanna's committee oversight of federal financial regulators continues to provide the structural backdrop against which this sustained exposure to Wells Fargo is most relevant. The frequency of trading activity, more than any single transaction, defines the relationship between this politician and this stock.

Trade Date
Sep 25, 2025
Size
$1K
Conflict Score
3 Medium
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
no fire
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee oversight of federal financial regulators is directly relevant to Wells Fargo's regulatory and enforcement environment.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed only 8 days after the trade, the fastest disclosure in this 10-trade sample and well below all thresholds.
  • Unusually Large: At $1,001, the trade matches the median and registers no size anomaly for this politician-ticker combination.
  • Member Cluster: Only one member disclosed a Wells Fargo trade in the 14-day window, below the three-member cluster threshold.
Analyst note

This September 25, 2025 buy of approximately $1,001 in Wells Fargo was disclosed on October 3, just 8 days after the transaction date, making it the most promptly filed trade in this 10-trade sample. No size anomaly, no cluster activity, and no disclosure delay are present. In isolation, this is a low-signal minimum-tier transaction. It represents, however, part of the ongoing accumulation pattern visible across 103 total disclosed trades in this name, with the family trust continuing to add small positions in Wells Fargo through the second half of 2025. The promptness of this particular disclosure stands in contrast to the April 4 trade that was filed 38 days later. Khanna's sustained exposure to Wells Fargo alongside his committee role overseeing the regulatory bodies that govern major banks remains the primary structural consideration for evaluating this pairing in aggregate.

Trade Date
Oct 7, 2025
Size
$15K
Conflict Score
4 High
Committee Overlap
+3 pts
Pre-Vote Timing
no fire
Late Disclosure
no fire
Unusually Large
+1 pts
Member Cluster
no fire
Why each signal fired or did not
  • Committee Overlap: Khanna's Oversight Committee jurisdiction covers federal financial regulators with direct supervisory authority over Wells Fargo.
  • Pre-Vote Timing: Vote calendar data not yet ingested for this dataset.
  • Late Disclosure: Filed exactly 30 days after the trade, matching but not exceeding the internal flag threshold, and within the 45-day STOCK Act deadline.
  • Unusually Large: At $15,001, this sell is approximately 15 times the median trade size of $1,001 for this politician-ticker pair.
  • Member Cluster: Two members disclosed Wells Fargo trades in the 14-day window, one short of the three-member cluster threshold.
Analyst note

This October 7, 2025 sell of approximately $15,001 in Wells Fargo is the most recent trade in this sample and one of only a handful of outsized transactions visible in the recent record. At roughly 15 times the median transaction size of $1,001, it mirrors the January 22 buy and the April 15 sell in scale, suggesting a recurring pattern where larger-scale liquidations occur periodically alongside sustained small-position accumulation. The disclosure was filed November 6, exactly 30 days after the trade, at the precise boundary of Kapitol's internal flag threshold without exceeding it, and comfortably within the STOCK Act's 45-day statutory limit. Two other members were active in Wells Fargo in the surrounding window but did not meet the cluster threshold. Across all 103 disclosed trades in this name, the combination of high frequency, periodic outsized transactions, and sustained committee overlap with Wells Fargo's regulatory environment represents the central structural observation of this politician-ticker pairing.

Summary across these 10 trades

Between Jan 22, 2025 and Oct 7, 2025, Ro Khanna bought $22K and sold $30K of WFC across 10 disclosed transactions. 10% (1 of 10) were filed past the 30-day STOCK Act window, and 30% (3 of 10) were unusually large relative to Ro Khanna's historical median trade size.

The other 93 trades (not yet individually analysed)

Across the remaining 93 disclosed WFC trades between Feb 27, 2017 and Jan 15, 2025, Ro Khanna bought $291K and sold $463K of WFC. 27% (25 of 93) were filed past the 30-day STOCK Act window, and 26% (24 of 93) sat above twice Ro Khanna's historical median trade size.

Late-filing and unusual-size flags are computed deterministically from the underlying disclosure columns. Per-trade narratives, committee overlap, and member-cluster scoring are restricted to the 10 most recent transactions above.

Scoring methodology

Every trade in the public dataset is scored against five rule-based signals. The score is auditable, not AI-guessed. AI is used only to write the analyst note, never to decide whether a signal fired.

  • Committee Overlap (+3): politician sat on a committee overseeing the company's sector at the time of the trade.
  • Pre-Vote Timing (+3 / +2): politician voted on legislation directly affecting the company within 30 (+3) or 60 (+2) days of the trade.
  • Late Disclosure (+2): filing arrived more than 30 days after the trade (STOCK Act allows 45).
  • Unusually Large (+1): position size sits above the politician's own historical baseline.
  • Member Cluster (+2): three or more members bought the same ticker within a 14-day window.

Score bands: Low (0-1), Medium (2-3), High (4-5), Critical (6+).

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