Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
February 8, 2016

McConnell Clarifies $1 Million to $5 Million Money Market Account


Senate Minority Leader Mitch McConnell (R-Ky.) amended his annual personal financial wealth report yesterday to clarify that he and his spouse jointly own a $1 million to $5 million money market account at SunTrust.

In McConnell’s mid-May filing he listed the asset as belonging to his spouse. His amendment filed yesterday makes clear it is a joint account. It’s the little things that count and with $1 million to $5 million involved it makes sense to make everything correct.

The annual financial disclosure report does not have to provide exact amounts of fees, compensation, or speaking fees earned by the spouse, but does require the names of those paying $1,000 or more. McConnell listed fees for his spouse from the Heritage Foundation (salary); News America (fees); Fox News (fees); Dole Food Company (fees); the Bloomberg Family Foundation Inc. (fees); Protective Life Insurance Company (fees); Wells Fargo & Company (fees); Delta Airlines (deferred compensation); Food Marketing Institute (speaking fees); Yale University (speaking fees); and Leading Authorities Inc. (speaking fees).

To search detailed money-in-politics databases, visit Political MoneyLine.

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