A growing number of Democratic lawmakers – including several in Massachusetts – are following the Nancy Pelosi school of get-rich-quick schemes, a sure-fire way of seeing your family wealth skyrocket while serving in Congress.
Ayanna Pressley, Elizabeth Warren, Katherine Clark, Ilhan Omar have all become richer – some astonishingly so – after stepping in the cash-lined halls of the Capitol, whether it’s from their husband’s businesses, their stock portfolios or their book deals.
Far left “Squad” member Pressley’s rise from nearly zero to up to $8 million in net worth, fattened by her and her husband’s four rental properties in Mattapan, Boston, Fort Lauderdale and Martha’s Vineyard, is drawing increasing scrutiny, as she bristles at questions about her newly-acquired wealth. Pressley and hubby Conan Harris sold the half-million-dollar Florida pad for a $67,000 profit in 2024.
“I wish you people would stop reporting fake news,” a heated Pressley, surrounded by a team of security in black SUVs, said in Washington when confronted by a reporter recently. “You don’t know anything about me and my life. I was raised in a single-parent home. Every single thing my family and I have we have earned. And you are reporting fake news. Do your homework.”
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Pressley, who makes $174,000 a year and like Warren has railed against tax breaks for the wealthy, also told Fox News “there’s nothing to see here” about her financial rise.
“Sir, I submit a financial disclosure, just like everybody else,” she said.
Squad member Omar and her husband, Tim Mynett, who owns several businesses, had almost nothing when she was first elected, but her net worth reportedly exploded in just a few years to $25 million.
The Republican-led House Oversight Committee is now investigating Omar’s mysterious rise to wealth, which comes amid a federal social services fraud probe in her home district in Minnesota.
“We’re going to get answers, whether it’s through the Ethics Committee or the Oversight Committee, one of the two, “ Oversight chair James Comer (R-Ky.) told the New York Post. “There are a lot of questions as to how her husband accumulated so much wealth over the past two years. It’s not possible. It’s not. I’m a money guy, it’s not possible.”
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Warren’s net worth has risen to a reported $10 million from book deals and her Senate salary. Known for her rants against billionaires and standing up for the little guy, she holds mutual funds worth an estimated $1.76 million. The Cambridge Democrat and her husband, Bruce Mann, reported earning more than $912,000 in 2024, according to their tax forms.
Clark and her husband, Rodney Dowell, are worth more than $14 million, making a cool $458,000 in the stock market last year before stopping trading, according to reports.
She was estimated to be worth $6.8 million in 2018, before her rise to Democratic House Whip, which is second in command to the House Minority Leader.
The STOCK Act, signed into law by Barack Obama in April 2012, prohibits members of Congress from using private information given to them because of their positions for personal gain, such as stock trades.
Former House Speaker Pelosi, 85, and her husband Paul have an estimated net worth of more than $278 million, making her one of the richest members of Congress. Her investment moves in the stock market while serving in Congress have added millions to her net worth.
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While it appears that most of the lawmakers have not broken laws, their spectacular rise in wealth and refusal to answer questions about it raises questions about accountability and hypocrisy.
They should be forced to stand before the press and explain exactly how they made such money while serving in the public sector. And have they had any influence over their husband’s financial successes?
Former House Speaker Nancy Pelosi (AP Photo/Karl B DeBlaker, File)Rep. Katherine Clark, D-Mass. (AP Photo/Mariam Zuhaib, File)
Massachusetts families are stuck in the Middle East amid the war in Iran, and Democratic Sen. Ed Markey says the State Department needs to do more to get them home.
The Trump administration is telling Americans to leave the region, and families would love to, but they haven’t been able to get out.
Stacey Schuhwerk of Hingham has been sheltering in place in a Doha hotel since Saturday.
“We hear the missiles outside,” she said. “We can see them.”
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The Hingham mother and her son are among nearly 1,600 Americans trapped in the Middle East with no way to get home.
“Airspace is shut down. There’s no planes,” said Schuhwerk. “There’s no way to leave.”
Flights between Boston and the Middle East are canceled or delayed as travelers express anxiety over the conflict.
At first, U.S. officials told people to shelter in place and register with the State Department — something Schuhwerk did days ago.
“There’s no help there. The last time we called was 20 minutes ago, and they continue to say that ‘We don’t know anything about any plans for government help to get people out,’” she said.
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Embassies and consulates across the region — including the U.S. Embassy in Israel — have now suspended services, saying they simply can’t get Americans out.
“They did not have a plan to conduct this war, and they clearly did not have a plan as to how to evacuate innocent families,” Markey said.
The senator says his office is hearing from Massachusetts families, and he’s pressuring the Trump administration to come up with an evacuation plan fast.
“We are going to apply that pressure on the State Department until every American who wants to leave that region is out,” he said.
Back in Doha, Schuhwerk keeps watching the war outside her window.
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“The talk here is ‘How much defensive ammunition’s left?’ Good question, you know, because the missiles aren’t stopping,” she said. “So how long are we going to be safe here?”
With no clear end to this conflict, she’s worried she could be stuck there for weeks.
Happy Tuesday! While today started off dry, we’re already looking at snow out there across the area. While this event will primarily stay as rain on the Cape and islands, it will be an icy mix of snow, ice and rain for the rest of us.
The rain/snow line will continue to advance from the south to the north as the evening progresses. Before the changeover, there will be a quick coating to 2 inches for most of our area.
The threshold between the snow and rain will feature sleet and freezing rain, leading to that icing.
For the rest of the night, there will primarily be rain with continued pockets of freezing rain, leading to increasing spotty ice accretion. Be extremely careful on roads, especially since switching between rain and freezing rain can wash off any road salt.
The rain and freezing rain will exit by 6 a.m. Wednesday, but temperatures will still be close to freezing during the morning commute, so watch out for some spotty black ice.
The rest of Wednesday will be really nice! Highs will warm up to the mid 50s with the help of ample sun.
Thursday we start off in the mid 20s and top off in the mid 40s. We’ll be partly sunny with another chance for some wintry weather Thursday night. This primarily looks like some rain and freezing rain, rather than the triple threat with snow too. We’ll keep an eye on that for you.
That will continue into Friday morning. The rest of Friday: cloudy with a chance for a spot shower and highs cooler again in the upper 30s. Saturday will be dry, breezy and cloudy but gorgeous near 50 degrees! There’s a chance for some rain showers Saturday night. Don’t forget to set your clocks forward an hour before you to go bed!
Sunday we start the day mild in the 40s and make it all the way into the upper 50s with more sun. Monday and Tuesday both look bright and in the 60s! Stay tuned.
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