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House rookies a millionaires club


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Politico:


They campaigned on bringing Main Street principles to Congress, but a large chunk of the rookie class of House Republicans will be bringing something else to Washington: personal wealth.

Nearly a quarter of the incoming class of 84 House Republicans have assets of at least $1 million, according to a POLITICO analysis of financial disclosure forms, a sign that this anti-Washington, anti-establishment crowd of congressional freshmen has been quite successful in the private sector.
For example, former Rep. Steve Pearce, who was reelected to a New Mexico House seat after a two-year absence, and his spouse have assets of $8 million to $37 million, including up to $25 million in Trinity Industries, an equipment rental entity in Hobbs, N.M.

Diane Black, a Republican replacing retiring Rep. Bart Gordon (D-Tenn.), has combined assets with her husband worth upward of $33 million. According to a financial disclosure report filed with the House, Black’s husband has $25 million to $50 million in Aegis Sciences Corp., a “forensic sciences company.”snip
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