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CNBC’s report identifies two of the purchases: a filing shows Josh Gottheimer bought between $1,001 and $15,000 of Benchmark Electronics stock on 12 October. His jointly owned Morgan Stanley account bought up to $15,000 of Applied Materials shares on 26 October, the report says.

Gottheimer’s spokesman, Haraden Bottomley, told CNBC that the congressman handed control of his investments to a third party with full investment discretion before taking office in 2017. Bottomley said Gottheimer is awaiting congressional approval of a blind trust and has meanwhile set up an independent trust.

The report says Gottheimer sits on the House Financial Services subcommittee overseeing AI in finance and co-chairs a commission developing Democrats’ AI agenda.

Sources and evidence
  • Josh Gottheimer discloses AI stock buys after trading ban vote – CNBC: CNBC reports that filings show Gottheimer’s 12 October Benchmark Electronics purchase was between $1,001 and $15,000 and that his jointly owned account bought up to $15,000 of Applied Materials shares on 26 October. His spokesman says a third party has full investment discretion and that Gottheimer is awaiting approval of a blind trust while using an independent trust.

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