- August 7, 2024
- Posted by: legaleseblogger
- Category: Related News
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Former White House Council of Economic Advisers Chairman Kevin Hassett weighs in on Minnesota Gov. Tim Walz’s controversial approach to economic policy on ‘Varney & Co.’
The Democratic Party’s vice presidential nominee reportedly does not have any investments to speak of.
Minnesota Gov. Tim Walz, Vice President Kamala Harris’ running mate, does not own a single stock or mutual fund or any real estate, and neither does his wife, according to Axios’ Pro Rata newsletter.
Democratic vice presidential candidate Minnesota Gov. Tim Walz speaks during a campaign rally with Democratic presidential candidate Vice President Kamala Harris at Girard College in Philadelphia on Tuesday. (Getty Images)
The outlet reported that Walz’s disclosures from his final year in Congress and during his time as governor “show no mutual funds, bonds, private equities, or other securities” owned by him or his wife, Gwen, and the couple sold their Minnesota home after moving into the governor’s mansion.
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Axios said it had confirmed Walz’s lack of assets with a spokesperson, and noted the couple does have state pensions.
Minnesota Gov. Tim Walz speaks during an event at Earth Rider Brewery in Superior, Wisconsin, on Jan. 25. (Nicole Neri/Bloomberg via Getty Images / Getty Images)
FOX Business has reached out to the governor’s office and the Harris-Walz campaign for comment.
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Walz, 60, has spent nearly two decades in high-level elected office, and while it is highly unusual for a federal candidate to own few or no assets, his lack of investments in the market may be consistent with his views.
Minnesota Gov. Tim Walz takes questions on speculation that he is under consideration as vice presidential running mate for Kamala Harris in New Hope, Minnesota, on July 23. (Glen Stubbe/Star Tribune via Getty Images / Getty Images)
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During his time in Congress, Walz championed the STOCK Act, a 2012 law that precludes members of Congress and other government employees, including congressional staffers and members of the executive branch and judiciary, from engaging in insider trading based on information they learn through their jobs.
FOX Business’ Eric Revell and Fox News’ Tyler Olson contributed to this report.
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