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Reports of Gingrich’s Consulting Work Pile Up Reports of Gingrich’s Consulting Work Pile Up

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The Trail: 2012 Presidential News from the Field

Campaign 2012

Reports of Gingrich’s Consulting Work Pile Up

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Republican presidential candidate, former House Speaker Newt Gingrich listens to a question from a supporter at a kick-off party for the opening of the Newt2012 office in Manchester, N.H., Friday, Nov. 11, 2011.(AP Photo/Winslow Townson)

GOP presidential candidate Newt Gingrich’s work history has come under scrutiny this week as various media outlets have reported on the fees that he and a think tank he founded have collected over the years.

Here’s what’s been reported so far:

 
  • The U.S. Chamber of Commerce paid Gingrich about $840,000, people familiar with the arrangement told The Wall Street Journal. Starting in 2001, Gingrich made about $120,000 a year for seven years as a “fellow” on an informal board of advisers to the Chamber’s president and senior staff, according to The Journal.
  • The Center for Health Transformation, a think tank Gingrich founded, collected at least $37 million over the past eight years from major health care companies and industry groups, The Washington Post reports. They paid as much as $200,000 per year for services, including “access to Newt Gingrich” and “direct Newt interaction,” according to promotional materials. A CHT spokeswoman told The Post that neither the center nor Gingrich engaged in formal lobbying.
  • And then there’s the Bloomberg report that Gingrich earned between $1.6 million to $1.8 million from mortgage company Freddie Mac, a company he has blamed for the collapse of the housing market, for counsulting. Gingrich, who denies he lobbied for the organization, had previously said Rep. Barney Frank, D-Mass., should be jailed for his association with "a lobbyist who was close to Freddie Mac."

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