As Senate minority leader, McConnell was a point person once the stimulus moved to the Senate. When it looked like it was in jeopardy, Paulson worked the phones to salvage the deal. "The stimulus train is grinding to a halt," McConnell told reporters on Jan. 31, following several calls with Paulson in the previous week. That same day, he made trades worth between $60,000 and $200,000, rearranging four mutual funds and selling shares in an international fund, buying shares in another and reconfiguring investments in two domestic funds.
Response by McConnell
A spokesman said McConnell does not own individual stocks to avoid the appearance of conflicts and relies on an investment adviser to handle his trades.
McConnell’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.
Change in estimated wealth
Lawmakers who use riskier investment strategies and/or borrowing to increase wealth.
51 lawmakers report keeping significant portions of their portfolios in traditional bank accounts.
What industries does McConnell 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.
McConnell's estimated 2010 liabilities
What asset types does McConnell 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.
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