Feb. 6, 2016 SIGN IN | REGISTER

Prospective Mitt Romney Running Mates Draw Income From Many Sources

Chip Somodevilla/Getty Images

The governor earned at least $110,000 on three Virginia rental properties, the report shows. State ethics laws do not require him to disclose values of those properties, his home, retirement funds or any stocks valued less than $10,000.

Jindal reported at least $23,000 in income derived from 11 bank accounts and investments. The state does not require public officials to reveal the value of those assets, or mutual, educational or retirement funds.

Among Members of Congress said to be on Romney’s short list, Sen. Rob Portman is one of the wealthiest, according to a Roll Call review of recently filed personal financial disclosure forms. The Ohio Republican, who served as director of the Office of Management and Budget and U.S. trade representative under former President George W. Bush, had a minimum net worth of $6.72 million at the end of 2011, including at least $1.2 million in commercial real estate.

With Members’ disclosures, Roll Call subtracts the total minimum value of all liabilities from the total minimum value of all assets to arrive at a minimum net worth.

The campaign has also said it’s vetting Sen. Marco Rubio, the Florida freshman whose tea party bona fides could serve Romney well with the conservative base. Rubio is likely one of the poorest in the Senate, with at least $450,000 in mortgages on two Florida properties worth far less than when they were purchased at the height of the real estate boom.

Sen. Kelly Ayotte (N.H.), whose minimum net worth of $222,000 places her somewhere in the middle of the Congressional wealth spectrum, owes at least $50,000 in loans for equipment and vehicles related to her husband’s landscaping and snowplowing business.

And, unlike her colleagues, whose assets are often spread among retirement accounts, stocks, bonds and mutual funds, Ayotte appears to keep a large portion of her wealth — at least $100,000 — in a checking account.

The Romney campaign did not return Roll Call’s request for comment on this article.

comments powered by Disqus




Want Roll Call on your doorstep?