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Official portrait of Jim Banks

Jim Banks

R Republican · Senator, Indiana
32
Moderate self-dealing
2/6 components have data
#38 of 193 scored

Jim Banks (R-IN) served in the U.S. House 2017-2025 before being elected to the Senate in 2024, taking office January 2025; he sits on the Banking and Armed Services committees. He has a documented history of modest individual-stock trading (Roblox, Starbucks, Kroger) and was reported by Business Insider in 2021 to have violated STOCK Act disclosure deadlines on up to ~$45,000 in trades, though trade volumes are small and his tracked live portfolio is only roughly $87K, concentrated in funds. Estimated net worth (~$3.4M as of Sept 2025) is largely tied to rental real estate that appears to predate or run alongside his tenure rather than to obvious office-driven enrichment. No public record found of campaign-fund personal-use abuse, family lobbying ties (his spouse works for a pro-family ministry, not as a lobbyist), or heavy missed-vote/fundraising patterns; most components reflect a relatively clean record with the main flag being prior STOCK Act late disclosures.

Public record

In Congress since
2017
Committees
Armed Services
Banking, Housing, and Urban Affairs
Health, Education, Labor, and Pensions
Veterans' Affairs
Missed votes, 119th Congress
1.3% (12 of 915; median member 1.9%)
Campaign money, 2025–26 cycle
$2.3M raised · 21% from PACs & committees · $3.1M cash on hand FEC ↗

The stock-trading ban

Senate cloture on H.R. 7008, Sep 30, 2026
Yes
Cosponsored a ban bill
None

H.R. 7008 bans new stock purchases by members, spouses and dependents; it doesn't force sales of existing holdings. The Senate vote was on the version paired with the SAVE Act, which is why no Democrat voted yes. Full breakdown →

Disclosed stock trades

5trades since Jan 2025
1buys
4sells
0filed past 45 days
$5K–$75Kdisclosed value range

Most-traded: PTON ×1 · SBUX ×1 · YUM ×1

TradedFiledOwnerAssetTypeAmount
Jun 5, 2026Jun 7, 2026MemberPTON Peloton Interactive, Inc. - Common StockSell$1,001 - $15,000filing ↗
Apr 15, 2026Apr 20, 2026MemberSBUX Starbucks Corporation - Common StockSell$1,001 - $15,000filing ↗
Aug 4, 2025Aug 10, 2025MemberstarbuckBuy$1,001 - $15,000filing ↗
Jun 16, 2025Jun 26, 2025JointRBLXSell$1,001 - $15,000filing ↗
Feb 18, 2025Mar 10, 2025JointYUM Yum! BrandsSell$1,001 - $15,000filing ↗
Aug 8, 2024Aug 12, 2024JointYUM Yum! Brands, Inc. (YUM) [ST]Buy$1,001 - $15,000filing ↗

Amounts are the ranges members must report, not exact values. The STOCK Act requires a report within 45 days of a trade; "late" counts days past that deadline, measured to the filing date.

How the score breaks down

Stock self-trading
25% weight
38
Documented individual-stock trades (Roblox, Starbucks, Kroger) totaling up to ~$995K parsed from STOCK Act filings over time; Business Insider reported 2021 late-disclosure STOCK Act violations on up to ~$45K. Volumes are modest and most live holdings are funds/ETFs, but a sitting Banking Committee member trading individual equities plus disclosure-deadline violations warrants a moderate score. No confirmed market-beating-return or insider-timing finding.
Banks failed to properly disclose sales of Kroger, Roblox, and Starbucks stock worth up to $45,000, violating STOCK Act deadlines (Business Insider, 2021); he later disclosed selling $1,001-$15,000 of Starbucks in April 2026.Data aggregatormarketbeat.com ↗Quiver Quantitative has data on up to ~$995K of Banks trades from STOCK Act filings, including a Nov 2021 purchase of up to $50K of Roblox (RBLX).Data aggregatorquiverquant.com ↗
Net-worth enrichment in officeno data
15% weight
—
Estimated net worth ~$3.4M (Sept 2025), largely rental real estate (up to $5M disclosed) plus retirement funds and insurance. No sourced analysis isolates net-worth growth beyond salary/market over his tenure, and real-estate holdings appear pre-existing rather than office-driven. Per rules, absence of evidence is not penalized.
Banks's estimated net worth is ~$3.4M (Sept 2025); disclosed holdings include up to $5M in rental property, ReliaStar life insurance, and retirement funds.Data aggregatorquiverquant.com ↗
Money → action alignmentcorrelation, not proof of any quid-pro-quo
20% weight
25
Correlation, not proof. Banks sits on the Banking and Armed Services committees and receives industry/PAC and lobbyist contributions tracked by OpenSecrets, creating sector-overlap potential. No specific sourced vote-for-dollars pattern was established in available records; score reflects committee-sector contribution overlap only, with low confidence given lack of itemized donor-to-vote mapping retrieved.
Banks serves on Senate Banking (incl. Securities, Insurance & Investment subcommittee) and Armed Services committees, sectors that lobby and contribute heavily.Official recordbanks.senate.gov ↗OpenSecrets tracks Banks's contributions by industry and from lobbyists across his career.Reference databaseopensecrets.org ↗
Campaign-fund personal useno data
15% weight
—
No public record found of Banks using campaign or leadership-PAC funds for personal benefit. His committees file with the FEC (Q2 2025: ~$297K raised, ~$449K spent) but no sourced personal-use allegation was identified. Absence of evidence is not penalized.
Banks's FEC filings show routine campaign fundraising and spending (Q2 2025: ~$296.9K raised, ~$448.5K spent); no personal-use finding reported.Official recordfec.gov ↗
Revolving door & familyno data
15% weight
—
No sourced evidence of family lobbying or office-tied contracts. Banks's spouse Amanda works for the Family Policy Foundation, a pro-family ministry, not as a registered lobbyist. No notable staff-to-lobbyist pipeline documented in retrieved sources. Absence of evidence is not penalized.
Banks's wife Amanda works for the Family Policy Foundation, a pro-family ministry that trains leaders; no lobbying role identified.News reportingbanksforsenate.com ↗
Skips the job to fundraiseno data
10% weight
—
No sourced data retrieved showing elevated missed votes paired with heavy fundraising or paid speeches as a senator (in office since Jan 2025). GovTrack maintains his attendance record but specific missed-vote figures were not obtained. Absence of evidence is not penalized.
Banks's voting and attendance record as junior senator (since Jan 2025) is tracked by GovTrack; no abnormal missed-vote pattern documented in retrieved data.Reference databasegovtrack.us ↗

Sources behind this score: 3 data aggregator · 2 official record · 2 reference database · 1 news reporting. Score = weighted average of the components that have data; the 4 without sourced evidence are excluded, never counted against the member. Methodology →

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