Minnesota Gov. Tim Walz, the newly announced Democratic vice presidential candidate, has disclosed that he does not own any stocks, securities, or real estate. Axios reported these findings after Walz was named Vice President Harris’s running mate to oppose former President Trump and his running mate, Sen. JD Vance (R-Ohio).
According to financial disclosures filed this year and in 2018, Walz, who served Minnesota’s 1st Congressional District from 2007 to 2019 before becoming governor, has no business holdings or additional income from speaking fees or book deals. Walz and his wife, Gwen, do not own a home, having sold their house in Mankato, Minnesota, in 2019 and moved into the governor’s mansion.
Walz’s investments are limited to pensions from his previous career as a social studies teacher. Most elected officials typically have more extensive financial investments.
Harris and Walz kicked off their campaign with a rally in Philadelphia on Tuesday evening, following President Biden’s announcement last month that he would not seek reelection. The Democratic National Committee has certified Harris and Walz as the party’s nominees for president and vice president, respectively, with official nominations to be accepted at the Democratic convention in Chicago later this month.
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