Gov. Tim Walz's financial disclosures reveal a man of relatively modest means.
  • Gov. Tim Walz of Minnesota is a man of relatively modest means, according to financial disclosures.
  • In fact, he doesn’t own a single stock.
  • Like other members of Congress, Walz even slept in his Capitol Hill office for some time.
  • krellor@fedia.io
    13·
    3 months ago

    Things like mutual funds, IRAs, etc, are not considered securities and are not disclosed on economic interest disclosure forms. That is true for most government disclosures, including in Minnesota. Minnesota only requires disclosing directly held securities, like stocks, with a certain value. E.g., if you own $10,000 in Apple stock, that needs to be disclosed, but owning $10,000 in mutual funds shares does not.