No. of Recommendations: 13
When you're the House Speaker from nowhere, people start digging into your background. Reporters this morning are wondering why Speaker Johnson has no assets and no bank accounts, both of which are required to be listed on his financial disclosure forms (individual household bank accounts of at least $1,000 and combined bank accounts with a value of more than $5,000 must be listed).
Johnson has made at least $174,000 per year from the combination of his representative salary and any additional payments he received, such as from a teaching appearance. Johnson's wife has two streams of income, from two different employers.
But on his financial disclosures, Johnson has listed only one asset: a retirement account. In 2016, he listed a state government Fidelity account valued between $1,000 and $15,000. He transferred those savings to a Thrift Savings plan, a federal program, the following year. Johnson appears to have cashed out the entire account in 2021, because he lists no assets at all on his 2022 form.God knows where but there's probably an innocent explanation somewhere, like from that Clarence Thomas fella' who simply forgot to declare a $300,000 loan that was forgiven and all those luxury vacations around the world.
newrepublic.com - Where mike johnson money bank account 