Doc Hastings

Washington Republican

Rep. Doc Hastings

What the Post found

Estimated wealth

$962,006 in 2010

8% since 2004

Financial approach

Institutional Investor

Invests in: Agribusiness, Mixed, Finance / Insurance / Real Estate

Hastings’s financial disclosure forms

Each year, lawmakers are required to file financial disclosure forms that list assets, liabilities, stock transactions, outside employment, spousal employment and travel reimbursements.

Public projects, private interests

Earmark near personal property: $750,000

In 2009, Hastings secured a $750,000 earmark to replace an outdated railroad underpass with a new bridge in Pasco, Wash. Columbia Basin Paper & Supply, a janitorial business that Hastings owned and ran until he was elected, is about three blocks to the west. His brother now operates the company, but Hastings and his wife still own the land and the building. Hastings said the location of his property had no bearing on his support for the project. "Every business in Pasco will benefit," he said.

Hastings’s financial portrait

The Post examined the personal finances disclosed by all members of Congress and computerized by Center for Responsive Politics to show how they manage their assets and invest their money.

Hastings

House median

Estimated wealth

$962,006 in 2010

Change in estimated wealth

8% since 2004

More wealth and less aggressive

Lawmakers who use safer investment strategies to protect accumulated wealth.

Wealthier

More aggressive

Financial approach

Institutional Investor

117 lawmakers are primarily invested in mutual funds and managed retirement funds that have a balance of stocks and bonds, which are often very safe but can be managed to be more or less aggressive.

What industries does Hastings invest in?

Many assets can be tied to specific industries, such as finance, agriculture or
natural resources. "Mixed" investments are assets not tied to a specific industry.

Hastings's estimated
2010 liabilities

None

What asset types does Hastings hold?

Assets are lumped into groups such as real estate, stocks,
mutual funds or cash.

NOTE: "Mixed" investments are assets that are not tied to a specific industry. Charted change in annual estimated wealth is capped at 200 percent increase and 100 percent decrease for clarity. See the full methodology here.
SOURCES: Congressional financial disclosure forms, Center for Responsive Politics, Washington Post analysis.

About the data

The estimation of assets for lawmakers is based on calculating the midpoint of reported value ranges for holdings and liabilities that members of Congress list on financial disclosure forms. It does not reflect assets lawmakers are not required to disclose, such as personal residences and non-interest bearing bank accounts. The estimation is not intended to provide a complete portrait of the net worth of each legislator, but rather show their relative standing in Congress and how their holdings have changed over time.

If you're a member of Congress who would like to further clarify your financial portrait, please contact us at capitolassets@washpost.com.