financial disclosure

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Thomas' Team Adds Angry Defense to Disclosures

Justice nevertheless is called out for history of unreported gifts

(Newser) - Supreme Court Justice Clarence Thomas didn't just file his delayed financial disclosure form on Thursday and let it go at that. He included a defense of his travels with billionaire Harlan Crow—an unusual addition, the New York Times reports. And the justice's personal attorney released a strident,...

Trump Hid a Big Loan While President: Forbes

$19.8M debt with Daewoo, firm with ties to N. Korea, should've been listed in financial disclosures

(Newser) - Donald Trump had a foreign creditor he didn't disclose while running for president, with a debt that was quietly paid off a few months after he took office. Forbes has the documents from his Trump Organization, which were obtained by New York Attorney General Letitia James and/ show the...

Financial Disclosure Report Shows Dr. Oz Is Loaded

He's worth at least $100M, but very possibly much more, per filing

(Newser) - If you're wondering just how profitable TV has been for Dr. Oz, the answer is: very. In a Wednesday night government filing , Dr. Mehmet Oz attested to having assets of at least $100 million. The filing was made as part of his Senate bid, and the New York Times ...

AG Whitaker's Financial Disclosures Spur Questions

He was paid $1.15M over a 3-year period by FACT

(Newser) - The Justice Department on Tuesday released financial disclosure statements related to Acting Attorney General Matthew Whitaker, and they reveal one major source of income since 2015: some $1.15 million paid to him over the 2015-2017 period by the Foundation for Accountability and Civic Trust, or FACT, reports USA Today ...

Kavanaugh Disclosure Reveals Big Baseball-Related Debt

Debt of up to $200K included major spend on Nationals tickets

(Newser) - Supreme Court nominee Brett Kavanaugh appears to have had something of a soft spot for the Washington Nationals, to put it mildly: He went tens of thousands of dollars in debt buying baseball tickets over the last decade, according to the White House. Kavanaugh, who reported having between $60,000...

$0 Salaries Didn't Hurt Ivanka, Kushner in 2017

They made at least $82M in combined income outside the White House

(Newser) - Ivanka Trump and Jared Kushner made at least $82 million last year while serving as unpaid senior advisers to the president, according to financial disclosure forms released Monday. Kushner drew at least $70 million from dozens of companies linked to his family's real estate company, Kushner Cos., including $5...

Scaramucci Blasts 'Leak' of Publicly Available Document

He tagged Priebus in angry tweet

(Newser) - New White House communications director Anthony Scaramucci was not happy about what he believed was a leak of information from his financial disclosure Wednesday—though it later emerged that the form was available to the public. "In light of the leak of my financial disclosure info which is a...

Trump Owes at Least $315M to Lenders
Trump Owes at Least
$315M to Lenders
The Rundown

Trump Owes at Least $315M to Lenders

President's federal financial disclosure form released Friday

(Newser) - President Trump owes at least $315.6 million to various lenders—including at least $130 million to a division of Germany's Deutsche Bank and at least $110 million to a commercial real estate lender—according to a federal financial disclosure form released Friday by the US Office of Government...

Obama's Net Worth Revealed —Kind Of

It's somewhere between $1.8M and $7M

(Newser) - President Obama's net worth could stand at a hair under $7 million ... or just $1.8 million. That range comes via his financial disclosure reports released yesterday, and USA Today sums it up perfectly: The Obamas "are wealthy, but it's uncertain just how wealthy." Their assets...

States Skip FEC, Demand IDs of Nonprofit Donors

FEC gridlock prompts action

(Newser) - The Federal Election Commission is stuck in partisan gridlock—so states are taking nonprofit donor disclosure into their own hands. California this month called on an Arizona group to uncover the source of $11 million used for ballot measure fights; recent court cases in Idaho and Minnesota have forced political...

Barclays Execs Under Another Investigation

And bank set aside hundreds of millions for misselling derivatives

(Newser) - Barclays raised a whole bunch of eyebrows when it released its earnings today—and in the process revealed, among other things, that current and former senior executives were under an investigation totally unrelated to the Libor. UK regulators are looking into whether the bank sufficiently disclosed details of the $11....

Now Republicans Call for Romney Tax Returns

Business dealings amount to 'legitimate question': GOP rep

(Newser) - President Obama has some unlikely new allies in his effort to get Mitt Romney to release his tax returns. Members of Romney's own party, from Haley Barbour to Michael Steele, are calling on the candidate for financial disclosure. "His personal finances, the way he does things, his record,...

Mitt's Not the Man His Father Was


 Mitt's Not 
 the Man His 
 Father Was 
paul krugman

Mitt's Not the Man His Father Was

Paul Krugman: Elder Romney released 12 years of tax returns

(Newser) - If only Mitt Romney had followed in his father's footsteps a little more closely. Sure, they both became wealthy businessmen—but while George's auto-industry success was a boon for American jobs, Mitt's work at Bain Capital appears to have left many workers struggling. Yes, both ran for...

Romney Still Worth $250M

Figure is about the same as last year, despite stock sell-offs

(Newser) - Despite a big stock sell-off last year, Mitt Romney is still worth about $250 million, according to a new financial report issued by his campaign yesterday, reports the AP . Romney's blind trust has sold large amounts of stocks in such companies as Boeing, Pepsico, and Volkswagen. There also appeared...

Romney Won't Say Where His Money Is

Confidentiality agreement allows him to keep Bain holdings vague

(Newser) - What companies is Mitt Romney invested in? Your guess is as good as the Office of Government Ethic's. Romney's money is largely parked in 48 Bain Capital accounts, and because those accounts are all protected by confidentiality agreements, he's not required to disclose any of their underlying...

Bank of America Didn't Disclose AIG Lawsuit Threat

But it's not clear if they legally had to

(Newser) - Bank of America knew that AIG was about to try to sue its pants off as far back as January, but it never told investors on any of its conference calls or in any of its regulatory filings, sources tell Reuters . Public companies are supposed to disclose legal threats to...

Gingrich Had Second $1M Tab at Tiffany's

Family's bling appetite up to $1.5M

(Newser) - A half-million-dollar line of credit apparently wasn't large enough to satisfy the Gingrich family's bling appetite. It turns out Newt and wife Callista had a second line of credit at Tiffany's worth close to $1 million, a spokesman has revealed. The second million-dollar tab was revealed yesterday...

GOP Candidates Won't Release Tax Returns

Except Trump, who will release his in exchange for a certain birth certificate

(Newser) - Barack Obama made a point of releasing his tax returns to the public while running for president in 2007 and 2008—and when running for the Senate before that. But not one of the candidates vying to face him in 2012 will promise to do the same, Politico has found—...

More Than Half of Senators Are Millionaires

And Max Baucus, Debbie Stabenow out of the red

(Newser) - If you’re looking for a recession-proof job, try running for Senate. The combined personal fortunes of the upper chamber members rose 4% to $680 million last year, according to financial disclosure information reviewed by Roll Call . More than half of all senators, 54 lawmakers, are worth more than $1...

First Dog Bo Cost $1,600

 First Dog Bo 
 Cost $1,600 

First Dog Bo Cost $1,600

Obama family's Portuguese water dog was a gift from Ted Kennedy

(Newser) - The Obama family's Portuguese water dog, Bo, cost $1,600, according to financial disclosure documents made public today. The scoop on Bo's price tag is the most interesting tidbit from the forms; President Obama's financial situation was made clear when his tax returns were released last month, the Washington Post...

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