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Progressive Silicon Valley rep taking stock in firm building controversial immigration tool

Retrieved on: 2025-10-02 17:32:06

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Summary

Progressive Silicon Valley Rep. Ro Khanna has reported multiple Palantir stock investments throughout 2025, despite the controversial tech company facing growing criticism from human rights advocates for its government surveillance and immigration enforcement tools.

Rep. Khanna, vice chair of the Congressional Progressive Caucus, disclosed 11 Palantir trades between October 2024 and August 2025 through family trusts. These investments coincided with major government contracts, including a $10 billion Army deal and a $30 million Department of Homeland Security immigration management system called ImmigrationOS. Human rights organizations like Amnesty International have criticized Palantir's technology for enabling mass surveillance of pro-Palestinian activists and supporting controversial immigration enforcement policies under the Trump administration.

  • Khanna made trades worth potentially hundreds of thousands while Palantir secured billions in federal contracts for military and immigration enforcement
  • Human rights groups warn Palantir's AI systems create privacy violations and enable unconstitutional surveillance of activists and immigrants
  • The congressman maintains the investments were made independently through family trusts, not by him personally, while advocating for congressional stock trading bans
  • Palantir's stock price surged nearly 400% during the trading period, from $43 to $160 per share

Article found on: localnewsmatters.org

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