paycheck to paycheck Johnson the Most Honest Politician In Washington
House Speaker Rep. Mike Johnson (R-LA) could turn out to be the most honest public servant in the U.S., with reports showing that the lawmaker lives paycheck to paycheck.
According to an opinion piece by Daily Beast senior political reporter Roger Sollenberger, Johnson has never listed a bank account on his financial disclosure nor does he have “a single asset all.”
“Over the course of seven years, Johnson has never reported a checking or savings account in his name, nor in the name of his wife or any of his children, disclosures show. In fact, he doesn’t appear to have money stashed in any investments, with his latest filing — covering 2022 — showing no assets whatsoever. Of course, it’s unlikely Johnson doesn’t actually have a bank account. What’s more likely is Johnson lives paycheck to paycheck — so much so that he doesn’t have enough money in his bank account to trigger the checking account disclosure rules for members of Congress.”
Jordan Libowitz, communications director for watchdog group Citizens for Responsibility and Ethics in Washington, said that it was strange Johnson did not disclose any of his bank accounts.
“He owes hundreds of thousands of dollars between a mortgage, personal loan, and home equity line of credit, so where did that money go?” Libowitz said. “If he truly has no bank account and no assets, it raises questions about his personal financial well-being. One of the reasons we have these financial disclosures is to know whether politicians are having financial difficulties—which could make them ripe for influence buying.”
Johnson’s honest living raised eyebrows, with Matt Fuller —Washington Bureau Chief for The Daily Beast— suggesting Johnson plans to enrich himself through lobbying.
Mike Johnson doesn't have any retirement savings, own a single stock, or have any assets at all. He has less than $5,000 in his bank account.
He's got a 250-500K mortgage, a home equity loan, and a personal loan.
So what's his retirement plan? To lobby? https://t.co/xPzUPqqc4w
— Matt Fuller (@MEPFuller) November 1, 2023
“Mike Johnson doesn’t have any retirement savings, own a single stock, or have any assets at all. He has less than $5,000 in his bank account,” Fuller wrote on X. He’s got a 250-500K mortgage, a home equity loan, and a personal loan. So what’s his retirement plan? To lobby?
However, Rep. Matt Gaetz (R-FL) hit back at Fuller’s claim while providing a robust defense for Johnson.
The Daily Beast is furious that @SpeakerJohnson isn’t rich, corrupt or rich from being corrupt.
He doesn’t have shady business deals. He doesn’t trade stocks as a congressman.
Cry more, I guess? 🤷♂️ https://t.co/eRVtp9p0u7
— Matt Gaetz (@mattgaetz) November 1, 2023
The Daily Beast is furious that @SpeakerJohnson isn’t rich, corrupt or rich from being corrupt,” Gaetz wrote on X “He doesn’t have shady business deals. He doesn’t trade stocks as a congressman. Cry more, I guess?”