08-19-2017  11:09 pm      •     
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NEWS BRIEFS

'Chitty Chitty Bang Bang' Screens at New Performing Arts Center, Federal Way

Free screening follows the day after official ribbon cutting of the arts center ...

Join a Book Club at Your Neighborhood Library

At North Portland Library, Pageturners Black Voices focuses on books written by and about African and African American authors ...

Meeting of the NE Community Development Oversight Committee

The fourth meeting will be held on Wednesday, Aug. 23 ...

Health Share of Oregon Invests $3M in Community Health Workers

Investment will improve health care access, quality and outcomes for Oregonians who face barriers to care ...

U.S. & WORLD NEWS

OPINION

SEIU’s President: No Place for White Supremacists in the White House

Mary Kay Henry makes following statement on Trump’s remarks after violence in Charlottesville ...

It’s Time to Show “Middle Neighborhoods” Love, Before It’s too Late

Middle Neighborhoods, School Rehabilitation and Food Insecurity are key action items for the policy agenda of the CBC. ...

Despite Unequal Treatment, Black Women Will Rise

NNPA Newswire Columnist Julianne Malveaux talks about Black Women’s Equal Pay Day ...

PCC Cascade President on Free Tuition Program

Any student who qualifies for the Oregon Promise can attend most in-state community colleges tuition-free ...

AFRICAN AMERICANS IN THE NEWS

ENTERTAINMENT



Rep. Darrell Issa, a Republican from California
who chairs the House Oversight Committee, came
in third with $140.6 million, despite losing $80
million since 2010

NEW YORK (CNNMoney) -- The Hill, a political news site, unveiled its annual list of the 50 richest lawmakers on Tuesday. Rep. Michael McCaul, a Republican from Texas, held on to the top slot with a cool $290.5 million.

"McCaul remains in the stratosphere of the very richest members of Congress," said The Hill, noting that his wealth "stems from several family trusts," and that his father Lowry Mays founded Clear Channel Communications. His value actually rose by $3 million in 2011, the time period covered in the list.

McCaul is far ahead of his challenger, Sen. John Kerry of Massachusetts, the wealthiest Democrat in Congress, who reported a net worth of $198.8 million last year. That's a $5 million increase from the year before, even though in 2010 he only made No. 3. Much of Kerry's wealth comes from his wife, an heir to the Heinz Ketchup estate.

Rep. Darrell Issa, a Republican from California, dropped one notch from 2010 but still placed third. The Hill said his wealth plunged about $80 million to $140.6 million. He is the founder of Directed Electronics, a maker of car security systems and also has a high-yield trust worth $50 million as well as bond holdings. He took on $50 million worth of personal loans last year, which The Hill said was the main reason his estate took such a big hit.

Rep. Jared Polis, a Democrat from Colorado, come in fourth, with $91.1 million, after his wealth soared by $25 million last year. His portfolio includes a blind trust and tech company holdings.

The fifth richest lawmaker is Sen. Mark Warner, a Democrat and former Virginia governor, with $85.9 million. The Hill said his assets include investment funds, bonds and a $1 million life insurance policy.

Rep. Paul Ryan, a Republican from Wisconsin and a candidate for the vice presidency, is worth a relatively paltry $2.2 million and didn't make the cut.

Even though Democrats make up three of the top five on The Hill's list, Republicans outnumber Democrats, 31 to 19.

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