Running in a redrawn district, Rep. Jean Schmidt, R-Ohio, lost her bid for the GOP nomination for her Cincinnati-based seat to Iraq War veteran Brad Wenstrup in March. But when the 112th Congress adjourns and her tenure is up, she will not be done with politics. She still owes between $515,000 and $1.5 million to lawyers for fees incurred fighting ethics charges. That potentially eclipses her net worth, which she reported as between $487,000 and $1.6 million.
Rep. Steven Rothman, who earlier this month lost his member-versus-member matchup with fellow Democratic Rep. Bill Pascrell, can head back to New Jersey with the consolation prize that he can fall back on his part-time role as landlord. He’s a partial owner of 16 rental properties in the Garden State, most in Hackensack, the heart of his district. He reported his worth as between $1.4 million and $3.9 million. He reported no liabilities.
Sen. Jeff Bingaman, D-N.M., reported assets worth between $1.5 million and nearly $2.5 million. He listed a mortgage in Florence, S.C. worth between $500,000 and $1 million. He listed a check overdraft worth between $10,000 and $15,000 as well as a credit line with $10,000-$15,000 in debt.
Among other soon-to-retire lawmakers, Sen. Daniel Akaka, D-Hawaii, reported assets of between $630,000 to about $1.3 million, with no liabilities; Sen. Olympia Snowe, R-Maine, showed assets of between $9.3 to $18.2 million, with mortgage liabilities on homes in Maine and Florida of between $550,000 and $1.1 million.
Rep. Sue Myrick, R-N.C., reported assets of between $135,000 and $360,000, and liabilities of between $230,000 and $550,000, all in mortgage-related debt, including a $15,000 to $50,000 home-equity loan; Rep. Jason Altmire, D-Pa., showed assets of between $148,000 and $395,000 with no reported liabilities.
House Appropriations ranking Democrat Norm Dicks of Washington reported between $316,000 and $665,000 in assets, but held debt through several mortgages that totaled between $950,000 and $2 million.
Sen. Joe Lieberman, ID-Conn., reported assets totaling anywhere between $950,000 and $2.9 million, including a certificate of deposit at the FirstBank of Puerto Rico worth from $15,001 to $50,000. He had liabilities totaling anywhere between $350,000 and $750,000. Both of his liabilities were mortgages on his personal residence in Fairfax, Va. that were refinanced in 2010.
Sen. Kay Bailey Hutchison, R-Texas, reported assets worth between $3.6 million and $10 million. Some of her largest assets were stocks, including between $250,000 and $500,000 in Exxon Mobil stock. She also reported owning between $100,000 and $250,000 in Merck, Microsoft, and PepsiCo stock, among other stocks and mutual funds. No liabilities were listed.
Michael Catalini, Nicole Duran, Dan Friedman, and Elahe Izadi contributed.
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