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California Dem’s wife caught in curious Nvidia trade before Jensen Huang sex scandals imploded stock
A trust benefiting Ro Khanna’s wife sold Nvidia shares in September and October, with the October sale reported one day after the stock reached a record high. The sales preceded a sharp fall in Nvidia’s share price after allegations about chief executive Jensen Huang’s personal relationships led to his resignation, prompting questions about the timing of trades linked to a lawmaker who supports restrictions on congressional stock trading.
Disclosures show two sales valued at between $1,001 and $15,000 each; the same October filing listed sales of other holdings, and the family also bought Nvidia shares between June and September. Khanna’s spokesperson said he and his staff had no prior knowledge of the events and did not direct the trades, which Khanna says are managed independently through a family trust. Nvidia appointed finance chief Colette Kress interim CEO while it searches for a permanent replacement; other members of Congress also reported Nvidia sales before the share-price drop.
In short
- A trust benefiting Ro Khanna’s wife sold Nvidia shares before a steep fall.
- Khanna’s spokesperson said he had no prior knowledge of the allegations.
- Nvidia named Colette Kress interim CEO after Jensen Huang resigned.
Steelman: both sides, in good faith
The strongest fair case each way — we don't pick a winner.
The case for
The timing of the sales, including one reported just after Nvidia reached a record high, reasonably invites scrutiny, especially because Khanna supports limits on congressional stock trading. Public disclosure can help voters assess whether financial interests create conflicts, and the trades’ connection to a lawmaker’s family makes clear, independently verified explanations important.
The case against
The available information does not establish that Khanna or his staff knew about the allegations or directed the trades; his spokesperson says the family trust is managed independently. The reported amounts were modest, the October filing included other holdings, and the family also bought Nvidia shares during the period, so the timing alone does not show that anyone acted on inside information.
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