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Top Members of Congress Report CU Accounts

WASHINGTON-Two top federal lawmakers are availing themselves of the services credit unions provide. In required annual financial disclosures, Senate Minority Leader Tom Daschle (D-S.D.) reported that he holds a credit union account of $50,001-$100,000, a bank account with $100,001-$250,000 and a Fidelity investment fund of $50,001-$100,000, according to an article...

By Staff Writer | Updated on July 01, 2003

WASHINGTON-Two top federal lawmakers are availing themselves of the services credit unions provide. In required annual financial disclosures, Senate Minority Leader Tom Daschle (D-S.D.) reported that he holds a credit union account of $50,001-$100,000, a bank account with $100,001-$250,000 and a Fidelity investment fund of $50,001-$100,000, according to an article from the Associated Press. Another AP report said that Speaker of the House Dennis Hastert (R-Ill.) was a credit union accountholder with $50,000-$100,000, as well as a bank account and a mutual fund similarly valued. His largest asset was his Washington, D.C. townhome valued between $250,000-$500,000, parts of which he rents out to two of his staffers from which he made $5,000-$15,000.

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