FEC records indicate Rep. Paul Brouns campaign paid him nearly $29,000 in operating expenses/loan interest in 2010.
An attorney who specializes in campaign finance, who asked not to be identified, said Members do not have to accept interest, even if they list it on their campaign finance reports.
“My experience is that many candidates don’t actually pay the listed interest to themselves — they just forgive it after their last campaign, which is a personal contribution to their campaign,” the attorney said.
But individuals familiar with the House ethics process said the disclosure process is not triggered by whether a Member actually receives interest payments, but merely by whether the lawmaker charges an interest rate.
Correction: March 21, 2011
The article incorrectly stated that Rep. Lou Barletta (R-Pa.) did not report personal loans on his campaign finance report. He did not report them on his most recent personal financial disclosure report.
Sen. Kirsten Gillibrand, D-N.Y., speaks with reporters following a vote in the Senate. Gillibrand’s proposal to remove military commanders from the process of reviewing sexual-assault cases was left out of the bicameral deal on the defense authorization bill, but the senator is pushing for a vote on her plan soon.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.