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The Capitol is certainly the center of American politics, but a new website from the Non-partisan Center for Responsive Politics shows that the Capitol is also a center of wealth.
According to data on the opensecrets.org website, more than a third of members of Congress are millionaires. That's substantially more than the population at large where about 1% are worth seven figures.
The data on the site is called from annual financial disclosures where congressmen and women report a range of assets and liabilities.
Who's the richest? Wisconsin senator Herb Kohl, elected to the Senate in 1988 and heir to the Kohl's department store fortune, he tops the list. He's worth at least 270 million dollars. Representative Jane Herman from California is the richest of representatives. Herman was first elected in 1992 and reports that she's worth at least 168 million dollars. Her family co-founded a multi-billion-dollar audio equipment company. Treasury secretary Hank Paulson is the richest member of the executive branch, reporting a net worth of at least 190 million bucks. Money he made running the investment bank Golden Sachs.
With the Money Minute, I'm Ryan Owen ABC News, New York.
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treasury:the government department responsible for a country's financial matters 财政部
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