Who are NY's Wealth­i­est & Poor­est Congress Mem­bers?

The Jewish Voice - - NEW YORK - By: Men­del Asi­mov

Who are New York’s wealth­i­est and poor­est congress mem­bers? In our heav­ily class-fo­cused so­ci­ety, this question may have crossed the minds of many, and plays into the anx­i­ety some may feel re­gard­ing elected of­fi­cials too-priv­i­leged sta­tus. A 2014 re­port by the Cen­ter for Re­spon­sive Pol­i­tics, a non-profit track­ing money in U.S. pol­i­tics, found that for the first time in history, the ma­jor­ity of the United States Congress were mil­lion­aires. In a July 1 re­port, the New York Post ex­plored the is­sue by pro­fil­ing NY congress mem­bers with the high­est and low­est in­come.

Carolyn Maloney, a Demo­cratic se­na­tor rep­re­sent­ing New York’s 12th District and a res­i­dent of the Up­per East Side, ranked at the top of the list, with as­sets rang­ing from $11.3 mil­lion to $47.3 mil­lion. The re­port noted that Lowey has been ranked the sec­ond-wealth­i­est mem­ber of New York’s Congress. A 2015 sum­mary by the Wash­ing­ton-based news out­let Roll Call ranked Maloney at 43 as the wealth­i­est mem­ber of Congress, with a net worth of 9.15 mil­lion.

Roll Call also found that Nita Lowey, a Demo­cratic Con­gress­woman rep­re­sent­ing New York’s 17th District, ranked at 36 among the wealth­i­est, with an in­come of $12.03 mil­lion. Ac­cord­ing to the NY Post, Lowey was ranked the 17th wealth­i­est mem­ber of Congress in 2014. Other Demo­cratic NY leg­is­la­tors on the New York Post’s list in­clude Demo­cratic Se­na­tor Kirsten Gil­li­brand, who has a re­ported bal­ance of at least $550,000, and Se­na­tor Chuck Schumer (D-NY), who is be­lieved to have as much as $460,000 in his ac­counts. The af­flu­ence among New York Con­gress­man is spread across party lines, with Repub­li­can Con­gress­man Dan Dono­van own­ing a Staten Is­land home worth as much as $1 mil­lion, and Repub­li­can Rep. Lee Zeldin own­ing a home worth 250,000 dol­lars in Sierra Vista, Ari­zona.

De­spite the os­ten­si­bly high in­come of many New York leg­is­la­tors, a 2014 New York Daily News re­port noted that most New York Congress mem­bers are liv­ing mod­estly rel­a­tive to their coun­ter­parts na­tion­wide. The re­port sin­gled out Gil­li­brand and Schumer as less af­flu­ent mem­bers of Congress, along with Jer­rold Nadler (D-Man­hat­tan), Steve Is­rael (D-L.I.), and Rep. Ly­dia Ve­lasquez (D-Brook­lyn), all of whom have “more debts than as­sets,” ac­cord­ing to the re­port. On the question of whether leg­is­la­tors earn too much, a 2016 re­port the At­lantic noted that most U.S. leg­is­la­tors earn 174,000 an­nu­ally, four times the pay­check of the av­er­age Amer­i­can.

Roll Call also found that Nita Lowey, a Demo­cratic Con­gress­woman rep­re­sent­ing New York’s 17th District, ranked at 36 among the wealth­i­est, with an in­come of $12.03 mil­lion

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