Rep. Greg Landsman has built his brand on banning congressional stock trading, but an amended financial disclosure reveals he failed to report dozens of his own stock positions when he first ran for office.
Landsman, a Democrat representing Ohio's competitive First Congressional District, originally reported just six stock holdings worth between $90,000 and $300,000 on his 2022 financial disclosure form. Almost three years later, he quietly filed an amended version. That revision told a different story: 54 stock holdings worth between $377,000 and nearly $1.5 million, the Washington Free Beacon reported.
The gap between what Landsman told voters and what his portfolio actually contained is not small. He omitted dozens of stock positions from the original filing. The amended disclosure also showed he earned between $12,000 and $33,000 in stock income, at least 18 times more than the stock income listed on his original form.
During his 2022 campaign against then-Rep. Steven Chabot, a Republican, Landsman accused Chabot of being beholden to the oil and pharmaceutical industries. He posted on X at the time:
"Oil and gas corporations are making record profits right now. They're price gouging. It's outrageous, totally unfair to our working families, and a disaster for our economy."
But the amended disclosure tells a different story about Landsman's own financial interests. Among the previously unreported holdings were stakes in Exxon Mobil and Diamondback Energy, an oil and natural gas company. He also held stock in Horizon Therapeutics, formerly known as Horizon Pharma, a pharmaceutical firm.
So while Landsman campaigned as a populist critic of Big Oil and Big Pharma, he personally held stock in both sectors. Voters in Ohio's First District had no way to know that from the disclosure he filed at the time.
The 2022 disclosure failure is not an isolated lapse. In September 2024, the Washington Free Beacon reported that Landsman had failed to report more than 87 financial transactions within the legally required timeframe. A campaign finance expert said the pattern amounted to a violation of the STOCK Act, the 2012 law that requires members of Congress to disclose trades promptly to prevent insider dealing.
Landsman's 2022 omissions, however, fall outside the STOCK Act's reach. The law applies to sitting members of Congress, not candidates. That legal distinction does not change what voters were denied: an accurate picture of a candidate's financial interests before casting their ballots.
Then came May 2025. Landsman announced that he and his wife had sold all their individual stocks and reinvested in mutual funds and exchange-traded funds. He framed the move as voluntary compliance with the TRUST in Congress Act, a bill he cosponsored that would force members, their spouses, and dependent children to place investments in a qualified blind trust. The bill had not passed at the time.
On the same day he made that announcement, Landsman disclosed a trade that was nearly 11 months old, months longer than the STOCK Act allows.
Landsman's financial disclosures show he made 169 stock trades valued at $2.74 million during his time in Congress. His net worth reached as much as $3.5 million, driven in part by that trading activity.
None of that is illegal on its own. But it sits uneasily beside the image Landsman has worked to project. He has cosponsored the TRUST in Congress Act and introduced two additional bills, the Drain the Swamp Act and the Restore Trust in Government Act, described as carrying even tighter restrictions on congressional stock trading.
In May 2025, when he announced selling his stocks, Landsman said he was "determined to be part of the generation" that fixes a broken system. He added that he didn't "want a single constituent to think that I'm doing anything in DC but thinking about them."
Those words ring hollow when set against the record. A congressman who wants voters to trust that he is thinking only about them might start by telling them the truth about his own portfolio, before the election, not three years after.
Landsman did not respond to a request for comment about the amended disclosure. He has offered no public explanation for why dozens of stock positions were missing from the original 2022 filing.
Landsman holds a toss-up seat in Ohio's First Congressional District and faces what has been described as a difficult battle to hold onto it. Voters in that district now know their congressman spent years pushing stock-trading restrictions while repeatedly failing to meet the disclosure rules already on the books.
Washington has no shortage of members who preach accountability for everyone but themselves. Landsman just made the list harder to ignore.
