Rohit Khanna
Tickers in This Filing
Suspicious Timing Detected
5 flagsRep. Khanna bought $1K-$15K in $JPM on May 18, 2026 — 2 days before the Discount Window Preparedness Act (S4585) was introduced to mandate bank testing of Fed borrowing. The extremely tight timing and direct relevance to large banks raise a question.
Rep. Khanna bought $1K-$15K in Schwab (SCHW) on May 1, 2026 — 6 days before the Skill Savings Account Act (HR8714) was introduced, which would create tax-advantaged accounts managed by financial firms like Schwab.
Rep. Khanna bought $1K-$15K each in five transportation stocks (UPS, CSX, UAL, LUV) on May 1, 2026 — 7 days before HR8701 proposed moving TSA from DHS to DOT. The concentrated sector buy just before a transportation bill is notable.
Rep. Khanna bought $1K-$15K in Xylem (XYL) and Ecolab (ECL) on May 1, 2026 — 12 days before the Advancing Water Reuse Act (S4506) introduced a 30% tax credit for water recycling, directly benefiting water infrastructure companies.
Rep. Khanna bought $1K-$15K in Schwab (SCHW) again on May 1, 2026 — 12 days before S4511 proposed expanding tax-free charitable distributions from 401(k)-type plans, a provision that would generate fee revenue for custodians like Schwab.
These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.
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All Transactions
| Type | Ticker | Asset | Amount | Date |
|---|---|---|---|---|
| BUY | $VMC | Vulcan Materials Co | $1K-$15K | May 1, 2026 |
| BUY | $CARR | Carrier Global Corp | $1K-$15K | May 1, 2026 |
| BUY | $CRH | CRH PLC | $1K-$15K | May 1, 2026 |
| BUY | $ZTS | Zoetis Inc | $1K-$15K | May 1, 2026 |
| BUY | $MAS | Masco Corporation | $1K-$15K | May 1, 2026 |
| BUY | $EME | EMCOR Group Inc | $1K-$15K | May 1, 2026 |
| BUY | $WAB | Westinghouse Air Brake Technologies Corp | $1K-$15K | May 1, 2026 |
| BUY | $UNP | Union Pacific Corp(Corporate Bond) | $1K-$15K | May 1, 2026 |
| BUY | $FITB | Fifth Third Bancorp | $1K-$15K | May 1, 2026 |
| BUY | $ALL | The Allstate Corporation | $1K-$15K | May 1, 2026 |
Connected Legislative Activity
10 signalsThese bills and contracts share tickers or sectors with this filing's trades.
Containing Effects of Mineral Extraction Act of 2026
H.R. 8773, the Containing Effects of Mineral Extraction Act of 2026, imposes new pre-conditions on federal mineral materials sales contracts and free use permits for large-scale extraction projects near urban communities. The bill is in early legislative stage and authorizes no spending. Near-term market impact on aggregates producers is neutral — the compliance burden is modest and affects only a small portion of industry production on federal lands near urban areas.
Let Kids Play Act
The Let Kids Play Act (S4522) proposes banning private equity funds from investing in youth sports facilities. The bill is in early legislative stages — referred to committee with no markup or vote. The impact on large alternative asset managers is minimal as youth sports is a negligible fraction of their AUM. Market impact is low.
PBM Act
The PBM Act (HR8779) would prohibit common ownership of pharmacy benefit managers and pharmacies, directly threatening the integrated business models of UnitedHealth, CVS Health, and Cigna. Although in early legislative stages, bipartisan sponsorship signals potential momentum.
Skill Savings Account Act of 2026
The Skill Savings Account Act of 2026 (HR8714) is an early-stage bill referred to the House Ways and Means Committee. It proposes tax-advantaged accounts for employee skill development, but has no funding, no appropriations, and minimal legislative momentum. Market impact is negligible until committee action or cosponsor growth occurs.
ABLE Tomorrow Act
The ABLE Tomorrow Act (S.4498) is an early-stage bill that would make expiring ABLE tax-advantaged savings provisions permanent and expand eligibility. It authorizes no direct spending and has minimal near-term market impact. Financial firms managing ABLE programs (BlackRock, Schwab) may see a small, long-term increase in AUM, but the effect is negligible relative to their revenue.
Discount Window Preparedness Act
The Discount Window Preparedness Act (S.4585) is an early-stage bill that mandates depository institutions to test their ability to borrow from the Federal Reserve's discount window. It authorizes no funding and imposes only compliance costs, which are immaterial for large banks. The bill has no near-term market impact.
PBM Act
The PBM Act (S. 4509) prohibits common ownership of pharmacy benefit managers and pharmacies, directly targeting CVS Health, UnitedHealth Group, and Cigna. At an early legislative stage, near-term probability is low, but if enacted, would force major divestitures and reshape the healthcare supply chain.
Transportation Security Administration Transfer Act of 2026
H.R. 8701 proposes moving TSA from DHS to DOT but is in early legislative stage with zero authorized funding. No operational changes for air carriers or freight transporters. Zero revenue impact for UPS, FedEx, Delta, United, Southwest, CSX, or Union Pacific.
A bill to amend the Internal Revenue Code of 1986 to exclude from gross income charitable distributions from certain employer-sponsored retirement plans, and for other purposes.
S.4511 extends the existing IRA charitable distribution tax exclusion to employer-sponsored retirement plans (401(k)-type). This is a high-probability, incremental tax policy change that directly benefits retirement plan recordkeepers and charitable giving platforms. $BLK and $SCHW are the best-positioned pure plays. Bill is at early stage (committee referral), but bipartisan sponsorship (4 senators: Cramer R-ND, Coons D-DE, Marshall R-KS, Warner D-VA) signals strong passage potential.
Advancing Water Reuse Act
The Advancing Water Reuse Act (S4506) is an early-stage bill providing a 30% tax credit for water recycling infrastructure. It is referred to the Senate Finance Committee with no appropriated funding. Pure-play water companies XYL and WTRG are primary beneficiaries. ECL and GEV see secondary exposure. Passage probability is low in current form, but the credit mechanism is clear.
Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.