William Owens

New York Democrat

Rep. William Owens

What the Post found

Estimated wealth

$3.3 million in 2010

9% since 2009

Financial approach

Business Owner

Invests in: Mixed, Lawyer / Lobbyists, Energy / Natural Resources

Owens’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.

Legislation could benefit themselves

Last year, when Republicans attempted to slash funding for public broadcasting, Rep. William L. Owens (D-N.Y.) was among a group of Democrats who fought to stop them. Owens’s wife is an executive at a public television station, one of nine public TV and radio outlets that broadcast into his district in Upstate New York. Owens disclosed her job when he spoke briefly on the House floor opposing the proposed cuts.

Response by Owens

“From my perspective, I was representing nine entities,” Owens said in an interview. “It wasn’t like I was asking for a specific item for the entity my wife worked for.”

Owens’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.

Owens

House median

Estimated wealth

$3.3 million in 2010

Change in estimated wealth

9% since 2009

More wealth and less aggressive

Lawmakers who use safer investment strategies to protect accumulated wealth.

Wealthier

More aggressive

Financial approach

Business Owner

30 legislators reported a significant amount of assets in business-related interests, including owners of small companies and law practices.

What industries does Owens 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.

Owens's estimated
2010 liabilities

$75,001

What asset types does Owens 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.