On Monday, Breitbart posted an article about Representative Liz Cheney, who is not officially out of Congress. The article notes that Congress was a very successful financial move for Representative Cheney.
The article reports:
Rep. Liz Cheney (R-WY) will vacate her congressional seat on Tuesday after becoming a wealthy woman during her six years of serving Wyoming.
Cheney, who lost her Republican primary by nearly 40 points in August, will depart Congress on January 3 and return home as a defeated 56-year-old never Trumper.
Cheney will not depart Congress empty-handed. During her six years in Congress, she has become very wealthy. Breitbart News reported in August that Cheney’s net worth ballooned from an estimated $7 million when she first took office in 2017 to possibly more than $44 million in 2020. Depending on the specifics of her latest financial disclosure form, Cheney’s net worth could have skyrocketed up to 600 percent in Congress.
According to her 2020 Personal Financial Disclosure form, Cheney declared a net worth between $10,422,023 and $44,140,000, stemming from assets valued between $10,432,024 and $44,155,000. She reported no earned income, gifts, or transactions. She did, however, declare she held three posts, including a trustee position at the University of Wyoming, membership of a holding company, and what appears to be a position in her family’s trust.
Admittedly, she was not middle class when she went into Congress, but it would be interesting to know how a person increases their wealth by 600 percent while serving in Congress.
Now that we have seen President Trump’s tax returns, maybe Congress needs to share theirs–with information on stock trades and their relationship to legislation members of Congress were involved in.