Majority of lawmakers in 116th Congress are millionaires | WHAT REALLY HAPPENED

Majority of lawmakers in 116th Congress are millionaires

Congress is an exclusive club. It’s also a wealthy one.

More than half of those in Congress are millionaires, data from lawmakers’ most recent personal financial disclosures shows. The median net worth of members of Congress who filed disclosures last year is just over $1 million.

Much of the wealth in Congress is concentrated at the top. The top 10 percent of wealthiest lawmakers have three times more wealth than the bottom 90 percent. While some lawmakers are still paying off student loans, others are paying off their third or fourth mortgage. The group of wealthiest members includes career politicians who boosted their portfolios over decades in Congress and recently elected lawmakers.

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