Congressman's Lack of Assets Raises Questions About Personal Finances
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Speaker Mike Johnson has never disclosed having a bank account, despite an annual household income over $200k. This suggests he lives paycheck to paycheck.
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It's highly unusual for members of Congress to not have at least one bank account requiring disclosure.
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Johnson has several long-term debts but no disclosed assets, raising questions about his finances.
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His retirement savings appear to be depleted, as he cashed out his Thrift Savings Plan in 2021.
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His lack of assets could indicate plans to leverage his position for more lucrative opportunities when he leaves office.