Particle.news
Download on the App Store

Khanna’s 2025 Disclosure Shows 5,402 Trust Trades and $165 Million in Volume

The filing sharpens questions about how trust-held wealth is reported and what that means for Khanna’s push to tax the ultra-wealthy.

Overview

  • Khanna filed his 2025 financial disclosure in mid-August 2026 showing trusts tied to his household executed 5,402 trades over 244 trading days and reported up to $165.4 million in trading volume.
  • The disclosure reports up to $10.8 million in dividends and business distributions for the Khanna household and a reported net-worth range that reaches as high as $167 million.
  • Khanna says he and his wife have “zero say” and “zero knowledge” of the trades because the trusts were set up by his father-in-law and are managed by third-party advisers, which the filings require him to list.
  • Critics and commentators have seized on the contrast between these filings and Khanna’s public support for a ban on congressional trading and a one-time California billionaire tax, raising questions about optics and messaging.
  • The filings underscore limits of congressional disclosure rules because assets held in irrevocable or professionally managed trusts are reported in wide ranges and can obscure who makes investment decisions and the exact value of holdings.