Oz and Furman have vastly different personal finances: Disclosures

  • Jon Fetterman and Mehmet Oz made financial disclosures while running for the US Senate in Pennsylvania.
  • Disclosures reveal wildly different personal financial situations among the candidates.
  • Oz owns millions in various stocks and real estate. Fetterman has one share, valued at up to $15,000.

Democratic candidates Jon Fetterman and Republican Mehmet Oz have very different personal finances, according to new congressional financial disclosures submitted by US Senate candidates as part of their increasingly bitter race in Pennsylvania.

Their portfolios also largely reflect their political personalities: Oz the competitorAnd the business men tv doctor and world famousFetterman She wears shorts in winter every man with semi-lethal Aversion to doctors.

The Oz portfolio is full of stock at Microsoft, Apple, Alphabet, and many other companies. By contrast, Fetterman owns a stake in only one stock: Verizon.

Oz has announced significant investments in several real estate and LLCs. Fetterman invested the bulk of his money in the savings accounts of his three children.

Fetterman, who filed a mandatory federal financial disclosure on July 29, reported that he earned $255,184 from his time as Pennsylvania’s deputy governor and $347 from his wife’s appearance last year on a TV show. He also reported several bank accounts for himself and his three children, each worth hundreds of thousands of dollars.

Fetterman, who is the deputy governor of Pennsylvania, reported that he has personally invested only in one company, Verizon — he owns between $1,011 and $15,000 of stock in it.

Oz, who made his last financial disclosure in April, reported that he received $2 million in salary for hosting his television show, “The Dr. Oz Show,” and an additional $193,799 as the show’s supervising producer.

He also reported that he earned more than $7 million from his stake in Oz Media, $332,000 in proceeds from performing heart surgery. Obtained a patentMitraClip, and hundreds of thousands of dollars in personal appearances and speeches.

One letter in 2020 to the American Pistachio Growers Association earned $125,000 oz.

Oz, who earlier this year won the Republican nomination with less than a thousand votes, is investing heavily in the stock market.

He reported having invested more than $5 million in Amazon, and more than $1 million each in Microsoft and Alphabet stock.

Oz also stated that he owns many investment and residential properties, valued at millions of dollars.

Banning stock trading in Congress?

Members of Congress are actively discuss Whether they and their spouses should be allowed to trade stocks at all.

insiders”Conflicting Congress“The investigation found that 66 members of Congress violated stock law, a federal law designed to defend against conflicts of interest, reduce internal trade, and promote transparency. He found that dozens of other legislators had stock that interfered with their official duties or political positions.

in Statement from JanuaryFetterman was behind the pressure to ban federal lawmakers from trading stocks.

“Allowing members of Congress and their spouses to trade stocks is a clear conflict of interest,” Fetterman said. “Lawmakers should not make profits from the same companies they are supposed to regulate, based on closed information that is not publicly available.”

Fetterman’s campaign on Monday confirmed this and told Insider that the candidate would sell his Verizon stock or put them in a blind trust if elected.

The Oz campaign declined to comment Monday on whether the candidate supports a congressional ban on stock trading or whether he would sell his holdings of stock or put them in a blind trust if elected.

Instead, the Oz Insider campaign directed at a radio interview Oz performed with conservative radio host Chris Stegal on March 1. Next, Oz said he aims to put his money into a fund. He also said he would donate his profits from Congress if he wins in November.

“Well, in my personal case, I intended to put the money I had in a trust so that it wouldn’t conflict with me,” said Oz.

When asked if he supports restrictions on stock trading in Congress, Oz said, “I’d be fine with that. I think it should be reasonable. I mean, for example, if you put it in a trust and left someone smart about trading money on your behalf.” About you outside of your provider — you know, you don’t control it, they’re doing it outside of you, I think that would be fine.”

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