Jan 9, 2014
For first time, most of Congress is worth more than $1 million
A report shows that more than half of Congress members are millionaires.
by Kai Ryssdal
This final note: The number of the day is $1,008,767. It’s the median net worth of the members of the United States Congress as of the time of their last disclosure statements, last May.
It comes from the Center for Responsive Politics and its website opensecrets.org. It’s significant because for the first time more than half of all Congresspeople are millionaires.
They like their stocks, lawmakers do; General Electric and Wells Fargo are the most popular Congressional equity choices.
Read the full report here.