Jim Banks
U.S. Senator (R) for Indiana, 47 years old.
- united states navy
- B.A. Indiana University (2004)
- M.B.A. Grace College and Seminary (2013)
BANKS, James E., a Representative and a Senator from Indiana; born in Columbia City, Whitley County, Ind., July 16, 1979; graduated from Columbia City High School, Columbia City, Ind., 1997; B.A., Indiana University, Bloomington, Ind., 2004; M.B.A., Grace College and Seminary, Winona Lake, Ind., 2013; United States Navy Reserve, 2012-present, Afghanistan War Veteran, 2014-2015; commercial real estate broker; chairman, Whitley County, Ind., Republican Party, 2007-2011; member of the Whitley County, Ind. Council, 2008-2010; member of the Indiana state senate, 2010-2016; elected as a Republican to the One Hundred Fifteenth and to the three succeeding Congresses (January 3, 2017-January 3, 2025); was not a candidate for reelection to the House of Representatives but was elected as a Republican to the United States Senate in 2024 for the term ending January 3, 2031.
Source: U.S. Congress Bioguide / public-record corporate filings.
Public financial disclosure
Self-reported via the Senate EFD annual disclosure — values are disclosed as ranges, not exact dollars.
- Liabilities
- $750K–$1.5M
- Form
- Annual Report
- Filed
- August 2025
Disclosed positions whose sector overlaps with this agency’s jurisdiction. Structural — not an accusation of wrongdoing. Cabinet officials typically divest these at confirmation.
- ReliaStar Life Insurance$100,001 - $250,000Financial ServicesSenator on 4 committees including Committee on Armed Services holds Financial Services-sector security; this committee has substantive jurisdiction over this sector.
- 1.Rental property$1,000,001 - $5,000,000
- 2.ReliaStar Life Insurance⚑Financial Services$100,001 - $250,000
- 3.2045 Retirement Fund$50,001 - $100,000
- 4.MOATVanEck Vectors Morningstar Wide Moat ETF$15,001 - $50,000
- 5.MOATVanEck Morningstar Wide Moat ETF$15,001 - $50,000
- 6.MOATVanEck Morningstar Wide Moat ETF$1,001 - $15,000
- 7.Indiana Deferred Compensation Account$1,001 - $15,000
- 8.2033 Enrollment Portfolio$1,001 - $15,000
- 9.2030 Enrollment Portfolio$1,001 - $15,000
- 10.2045 Retirement Fund$1,001 - $15,000
- 11.2030 Enrollment Portfolio$1,001 - $15,000
- 12.YUMYum! Brands, Inc.$1,001 - $15,000
- 13.Grace Schools IRA - Money Market$1,001 - $15,000
- 14.Peloton Interactive, Inc. (PTON)$1,001 - $15,000
- 15.PTONPeloton Interactive, Inc. - Common Stock$1,001 - $15,000
Track record by window
Disclosed trades · 1 of 10
All filings →| Filed | Trade date | Type | Stock | Smart move? | Size |
|---|---|---|---|---|---|
| Dec 13, 2021 | Nov 12, 2021 31 days to disclose | ↑bought | P PTONJointPeloton Interactive, Inc. (PTON) | Bad buy·−$7.2K-89.5% −142.3% vs S&P 500 | $1K-$15K $1,001 - $15,000 100.0% of book |
Their record vs the S&P 500
1 priced trade compared to a same-direction S&P 500 benchmark.
Oversight committees · 4
Click any committee to see what it actually does, which sectors it regulates, and why each sector tag was attached. Sources cited.
Recent legislative activity · 40 bills
20 sponsored, 20 cosponsored in the 119th Congress. Color-coded by sector — yellow chips mark bills that overlap a sector this politician has actually traded in.
- Securing Innovation and Research from Adversaries ActRead twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Medical Device Electronic Labeling ActRead twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Veterans SPORT ActCommittee on Veterans' Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
- DETERRENT ActRead twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Forced Abortion Prevention and Accountability ActRead twice and referred to the Committee on the Judiciary.
- Incentivizing Readiness and Environmental Protection Integration Sales Act of 2025Read twice and referred to the Committee on Finance.
- Veterans’ Compensation Cost-of-Living Adjustment Act of 2026Read twice and referred to the Committee on Veterans' Affairs.
- A resolution honoring the life of Dirk Arthur Kempthorne, former United States Senator for the State of Idaho.Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2205; text: CR S2203)
- AI OVERWATCH ActRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- A resolution expressing the sense of the Senate regarding critical elements of the United States policy towards the People's Republic of China.Referred to the Committee on Foreign Relations. (text: CR S2178-2179)
- Abortion Funding Awareness Act of 2025Read twice and referred to the Committee on Finance.
- A resolution expressing support for the designation of the week of May 3, 2026, through May 9, 2026, as "National Small Business Week" to celebrate the contributions of small businesses and entrepreneurs in every community in the United States.Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2109; text: CR S2135)
- START ActRead twice and referred to the Committee on Health, Education, Labor, and Pensions.
- A resolution designating April 2026 as "Financial Literacy Month".Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2076-2077; text: CR S2084-2085)
- A bill to amend title 31, United States Code, to require only foreign entities to report beneficial ownership information, and for other purposes.Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Build America, Buy America Compliance ActRead twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Terrorism Risk Insurance Program Reauthorization Act of 2026Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- SEPSIS ActRead twice and referred to the Committee on Health, Education, Labor, and Pensions. (text: CR S3207-3208)
- Title X Abortion Provider Prohibition ActRead twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Protecting American Taxpayers ActRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 401.