NY Rep. Dan Goldman made over 520 stock trades this year

New York Rep. Dan Goldman really thinks he has the Midas touch.

The multimillionaire Democrat and heir to the Levi Straus & Co. fortune has made more than 500 trades worth between $10 million and nearly $31 million since being sworn in as a congressman in January, a Post analysis of his disclosure forms reveals.

As Congress considers a bipartisan bill banning members and their families from trading stock while in office, Goldman’s trading activity would make Gordon Gekko envious, his most recent filing shows.

He is already far outpacing notorious congressional super-traders like Rep. Marjorie Taylor Greene (R-GA) and Rep. Josh Gottheimer (D-NJ), Raw Story reported.

His purchases and sales were in major sectors, including defense work, energy, pharmaceuticals, real estate, technology and tobacco.

Goldman — who reps the famed Wall Street financial district along with other parts of Lower Manhattan and Brooklyn — sits on the Committee on Homeland Security and the Select Subcommittee on the Weaponization of the Federal Government.

Last month he bought up to $50,000 in defense contractor Northrop Grumman stock.

He also scored up to $15,000 worth of stock in defense firms Raytheon Technologies and L3 Harris Technologies. The companies continue to rack up plenty of government work, with Raytheon being awarded a $237 million U.S. Army contract earlier this month to help detect and defeat unmanned aircraft.

Goldman sold up to $15,000 in stock in Credit Suisse on March 20, days before the Senate Finance Committee found the embattled banking giant is continuing to violate a 2014 plea deal with US authorities by helping ultra-wealthy Americans evade taxes and concealing more than $700 million from the government. The stock has since dipped slightly.

Goldman also dumped $15,000 worth of First Republic Bank on March 15, as its stock plummeted following the collapse of Silicon Valley Bank and three weeks before the company announced it was suspending dividend payments to conserve capital.

Other trades last month include purchasing up to $300,000 worth of stock in Elon Musk’s Telsa Inc. and selling up to $265,000 in Bristol Meyers Squibb and up to $100,000 in Amazon.

When told of Goldman’s portfolio, Nick Penniman, CEO of Issue One, a nonprofit seeking to keep big money out of politics, said it’s long overdue for Congress to pass the Trust in Congress Act.

“Trading stocks while in office can give the appearance of profiting from your position as an officeholder by leveraging non-public information to your own financial advantage,” he said. “It’s vital that Congress pass new legislation to prevent insider trading by lawmakers and their family members.”

Goldman’s spokesman Simone Kanter insisted the congressman “is not involved in trading stocks in his portfolio,” adding it is “managed entirely by an investment adviser, with whom he has had no discussions about any stock trades since entering Congress.”

Kanter declined to say who’s calling the shots of behalf of Goldman.

“The congressman believes that no member of Congress should have even the appearance of a conflict of interest, which is why immediately upon being sworn in he initiated the complicated process of entering into a blind trust” giving another party full control of his assets,” Kanter added.

Goldman’s net worth is valued at between $64 million and $253 million, with over 1,700 assets, making him among the wealthiest member of Congress, according to Bloomberg.

On Monday, he got chewed out during a Judiciary Committee field hearing about crime under Manhattan District Attorney Alvin Bragg by a mother whose Army veteran son was murdered in 2018. 

Goldman said while the loss of Madeline Brame’s loved one was “devastating,” but claimed the Republican-led hearing was “a charade” to distract from Bragg’s felony case against former President Donald Trump.

“Don’t insult my intelligence,” Brame shot back. “You’re trying to insult me like I’m not aware of what’s going on here.”