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Vern Buchanan among richest members of Congress

Among Roll Call ‘s list of the 50 richest members of Congress : Rep. Vern Buchanan, R-Sarasota. With estimated assets of $77 million (and liabilities around $26 million), Buchanan lands at No.

Jul 31, 2020
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Among Roll Call‘s list of the 50 richest members of Congress: Rep. Vern Buchanan, R-Sarasota. With estimated assets of $77 million (and liabilities around $26 million), Buchanan lands at No. 10 on the list. #
In 2009, he took the No. 7 spoton the list, with a net worth of around $50 million. #
Buchanan’s millions could serve him well in the upcoming Senate race which he hasn’t ruled out running in. The congressman has been shrouded in controversy lately due to allegations stemming from his 2006 and 2008 campaigns. #
A former business partnertold The Florida Independent that Buchanan knowingly reimbursed those who donated to his campaigns with money from his car dealership — a violation of FEC rules. Buchanan maintains his innocence. Recently, two former employees also came forward, claiming that he pressured them to donate to his campaigns and later reimbursed them with dealership funds. #
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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