Rep. Ro Khanna, currently serving in the U.S. Congress for California’s 17th district since he succeeded Mike Honda in 2017, recently addressed several pressing financial and policy issues through social media. Born in Philadelphia, Pennsylvania, in 1976, Khanna has served as a congressional representative since 2017 and has been vocal about economic reforms.
On April 27, 2025, Khanna expressed concern over high-interest rates charged by financial institutions. He stated, “2 in 5 Americans believe that making the minimum payment on credit cards is enough to manage debt, yet Big Banks are fleecing Americans with interest rates above 28.5%. We need to cap rates at 10% and stop allowing Big Banks to exploit Americans.”
The same day, he also highlighted implications of staffing cuts within social security. Khanna tweeted, “Cutting 7,000 Social Security employees would save just 0.06% of the administration’s budget, but will result in uncertainty for the more than 70 million Americans who rely on it. The change we need to make is to expand benefits and eliminate the income cap.”
On April 28, Khanna brought attention to lobbying activities in Washington by sharing recent data, noting, “Lobbying disclosures for Q1 of 2025 showed more than 300 new registrations — a 200% increase in tax policy lobbyists compared to last year. The alliance between wealth and power in Washington is stronger than ever. Congress needs to pass my Political Reform Plan and ban.”
Ro Khanna resides in Fremont and has academic credentials from the University of Chicago, where he graduated with a BA in 1998, and from Yale University, where he earned his JD in 2001. His focus in Congress reflects his commitment to financial reform and transparency.
