Anonymous ID: 5ab4dc Nov. 3, 2023, 2:20 a.m. No.19853176   🗄️.is 🔗kun

Mike Johnson bucks trend of House speakers owning high-dollar assets: 'Man of the people'

 

Johnson's personal finances prove he is 'a man of the people,' GOP Rep. Cammack told Fox News Digital

 

Newly elected GOP House Speaker Mike Johnson's financial portfolio represents a substantial divergence from his predecessors who owned millions of dollars in assets and actively traded stocks.

 

According to Johnson's most recent annual financial disclosure report filed in August, he doesn't own any stocks and reported only liabilities — a 2013 home mortgage worth up to $500,000, a personal loan of up to $50,000 from 2016 and a home equity line of credit of up to $50,000 he secured in 2019.

 

Johnson's disclosures, though, were scrutinized, and a reporter raised questions about the new speaker's financial health.

 

Jordan Libowitz, an ethics expert, was quoted recently saying Johnson's disclosure was "strange" and could make him "ripe for influence buying," while Brett Kappel, a government ethics expert at Harmon Curran, added it was "very unusual for a member not to have to disclose at least one bank account."

 

But Johnson's financial situation appears to closely mirror that of a large share of Americans, according to Federal Reserve survey data. Survey data from 2019 concluded that the median account balance for American households is $5,300, and data from 2020 showed just 64% of Americans had enough money readily available to pay for a $400 emergency.

 

"For years, we’ve heard calls and demands for members of Congress to look more like the people they represent," Rep. Kat Cammack, R-Fla., a close Johnson ally, told Fox News Digital. "Today, we have a speaker who is not independently wealthy, who does not own or trade stocks and, per House financial reporting disclosures rules, is not required to disclose his federal employee retirement funds.

 

"It’s clear now with Speaker Johnson at the helm that the people’s House is run by just that — a man of the people," she continued. "I find it deeply hypocritical that Democrats and the leftist media are upset about Speaker Johnson when their own former Speaker Nancy Pelosi is a multimillionaire."

 

A spokesperson for Johnson, R-La., shared social media posts from other GOP lawmakers defending Johnson in response to a Daily Beast article.

 

"So, to extent accurate, he’s like a lot of Americans right now while also navigating raising a large family? What a monster," Rep. Chip Roy, R-Texas, wrote.

 

"The Daily Beast is furious that [Speaker Johnson] isn’t rich, corrupt or rich from being corrupt. He doesn’t have shady business deals. He doesn’t trade stocks as a congressman. Cry more, I guess?" Rep. Matt Gaetz, R-Fla., added.

 

Johnson's disclosure, meanwhile, greatly differs from those filed by recent House speakers.

 

For example, former House Speaker Kevin McCarthy, R-Calif., reported in his 2022 disclosure he owned up to $800,000 in various assets, including mutual funds traded on the market. He also reported liabilities worth up to $350,000 that include a mortgage and a student loan for one of his children.

 

McCarthy's predecessor, Rep. Nancy Pelosi, D-Calif., reported in her most recent annual report owning millions of dollars in assets, including various individual stocks. For example, she owns as much as or more than $1 million in Google, Amazon, American Express, Apple, Comcast, Microsoft, Netflix, Salesforce and the Walt Disney Company.

 

Pelosi, whose net worth is estimated to exceed $100 million, according to Open Secrets, also reported multiple million-dollar financial transactions, activity that led to Sen. Josh Hawley, R-Mo., introducing the so-called Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act, which would prohibit members of Congress and their spouses from holding or trading individual stocks.

 

"For too long, politicians in Washington have taken advantage of the economic system they write the rules for, turning profits for themselves at the expense of the American people," Hawley said in January.

 

read further

 

https://www.foxnews.com/politics/mike-johnson-bucks-trend-house-speakers-owning-high-dollar-financial-assets-man-people

Anonymous ID: 5ab4dc Nov. 3, 2023, 2:39 a.m. No.19853179   🗄️.is 🔗kun   >>3385 >>3395

Ultra Maga Party 👑

 

@MaxEvansUMP

 

"Is your testimony one of the key reasons Jack Smith can't and won't indict President Trump for insurrection?", 'Yes' -Kash

 

Nov 02, 2023, 9:17 PM

https://truthsocial.com/@MaxEvansUMP/posts/111343975035864454

 

 

 

"Is your testimony one of the key reasons Jack Smith can't and won't indict President Trump for insurrection?", 'Yes' -Kash

2:59

https://rumble.com/embed/v3qr1ts/?pub=4

Anonymous ID: 5ab4dc Nov. 3, 2023, 3:07 a.m. No.19853191   🗄️.is 🔗kun

>>19853190

forgot the link

 

Karli Bonne’ 🇺🇸

 

@KarliBonne

 

Some of Trump’s Greatest Hits!

 

https://truthsocial.com/@KarliBonne/posts/111343971927473777

 

 

10.26

Anonymous ID: 5ab4dc Nov. 3, 2023, 3:47 a.m. No.19853209   🗄️.is 🔗kun   >>3484 >>3666 >>3789 >>3972

Paul Sperry

@paulsperry_

BREAKING: At the same time Hunter, Jim & Sara Biden were kicking back $40k in Chinese payola to "the Big Guy" in 2017, the FBI was secretly monitoring their Chinese partners' under a FISA warrant as part of a counterespionage investigation, records reveal:

11:31 PM · Nov 2, 2023

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32.9K

Views

https://twitter.com/paulsperry_/status/1720282499186622829

Anonymous ID: 5ab4dc Nov. 3, 2023, 3:55 a.m. No.19853222   🗄️.is 🔗kun   >>3290

Paul Sperry

@paulsperry_

The Biden-China Espionage DOJ Is Hiding

11:32 PM · Nov 2, 2023

·

9,775

Views

https://twitter.com/paulsperry_/status/1720282714446668230

 

Paul has a little yoda moment! love ya paul