Senate Leaders Millionaires in Financial-Disclosure Data [View all]

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http://www.bloomberg.com/news/2013-05-22/senate-leaders-millionaires-in-financial-disclosure-data.html

Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reported their net worth in the millions of dollars as the U.S. Senate released personal financial disclosure reports for its members.

Reid, a Nevada Democrat, reported assets of between $2.8 million and $6.3 million, including mining claims in his hometown of Searchlight valued from $100,000 to $250,000.

Kentucky Republican McConnell and his wife, Elaine Chao, who served as U.S. labor secretary under former President George W. Bush, had assets of between $9.2 million and $36.5 million. Chao’s income included fees from sitting on corporate boards, including Rupert Murdoch’s News Corp. (NWSA) and Wells Fargo & Co. (WFC)

Lawmakers, required to disclose their financial assets once a year, report their holdings in broad ranges. Most Senate Democratic and Republican leaders reported assets with upper ranges of at least $1 million.