Congressman Ro Khanna and his wife sold their NVIDIA stock on September 4 and October 7, before the company's price dropped sharply this week following scandal reports, and after it hit a high on October 6.
Khanna backs Stop Insider Trading Act
Khanna has long spoken out against members of Congress trading stocks.
He supports the Stop Insider Trading Act, which would prohibit lawmakers, their spouses, and dependent children from purchasing individual stocks, would not require lawmakers to sell existing holdings, and would allow sales with advance public disclosure.
The proposal failed to advance in the Senate in September after receiving 53 votes, short of the 60 needed.