Possibly because of election season, Blumenthals 2015 investments were much lower than in the past. At age 17, Martin Blumenthal immigrated to the United States from Frankfurt, Germany; Jane was raised in Omaha, Nebraska, graduated from Radcliffe College, and became a social worker. [208] She is the daughter of Peter L. Malkin and maternal granddaughter of Lawrence Wien. [28] From 1981 to 1986, he was a volunteer counsel for the NAACP Legal Defense Fund. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. An out-of-court $5 million settlement was eventually reached, which included a $1 million exit fee that Boston College was required to pay the Big East under the league's constitution.[64]. Statement of the Hon. According to the Washington Free Beacon, Blumenthal and his wife Cynthia bought and sold shares of the stock trading app Robinhood while the Senator called for Congress to investigate the stock trading platform. [134] After Roe v. Wade was overturned in June 2022, Blumenthal said the decision "strips women of the freedom to make their own health care decisions & puts that power in the hands of the government. "[193], In July 2019, Blumenthal cosponsored the Fallen Journalists Memorial Act, a bill introduced by Ben Cardin and Rob Portman that would create a new memorial that would be privately funded and constructed on federal lands within Washington, D.C., in order to honor journalists, photographers, and broadcasters who died in the line of duty. "[96] The lawsuit demanded that Countrywide make restitution to affected borrowers, give up improper gains and rescind, reform or modify all mortgages that broke state laws. [71] He launched an antitrust investigation into the Infectious Diseases Society of America's (IDSA's) 2006 guidelines regarding the treatment of Lyme disease. Baldino further called Blumenthal "good-natured" and "one of the best Marines with whom I ever worked". The senators argued that foreign assistance to Central American countries created less migration to the U.S., citing the funding's help in improving conditions in those countries. Bill cosponsor Tammy Baldwin said the bill would strengthen Buy America requirements and that she was hopeful both Democrats and Republicans would support "this effort to make sure our government is buying American products and supporting American workers. In 2008, the attorneys general commissioned the Internet Safety Technical Task Force report, which researched "ways to help squash the onslaught of sexual predators targeting younger social-networking clients".[83]. He also helped lead a coalition of all 50 states that culminated in historic agreements with social networking sites to better protect children from internet predators. Richard Blumenthal's net. Blumenthal won the November 2 election, defeating McMahon 55% to 43%. The Blumenthals have a property in Connecticut, which is the only residence listed under their name. [82], Blumenthal was co-chair, along with North Carolina Attorney General Roy Cooper, of the State Attorney General Task Force on Social Networking. According to Blumenthal, the case was pursued because "the future of the Big East Conference was at riskthe stakes huge for both state taxpayers and the university's good name. He was also a classmate of future Supreme Court Justice Clarence Thomas and radio host Michael Medved. [122] In the general election, he defeated Leora Levy, who defeated former Connecticut House Minority Leader Themis Klarides in the Republican primary. [183], In August 2019, Blumenthal was one of 19 senators to sign a letter to United States Secretary of the Treasury Steve Mnuchin and United States Secretary of Health and Human Services Alex Azar requesting data from the Trump administration in order to help states and Congress understand the potential consequences in the event that the Texas v. United States Affordable Care Act (ACA) lawsuit prevailed in courts, claiming that an overhaul of the present health care system would form "an enormous hole in the pocketbooks of the people we serve as well as wreck state budgets". In an opinion piece, he and Ro Khanna proposed to promptly pause the massive transfer of American warfare technology to Saudi Arabia and take a tougher stance against the kingdom. Blumenthal was elected to the U.S. Senate in 2010 and again in 2016. He is married to Cynthia Malkin, daughter of Manhattan real estate mogul Peter Malkin, and has an estimated net. [194], In September 2014, Blumenthal was one of 69 members of the US House and Senate to sign a letter to then-FDA commissioner Sylvia Burwell requesting that the FDA revise its policy banning donation of corneas and other tissues by men who have had sex with another man in the preceding 5 years. However, some analysts believe Richard Blumenthals wealth could be around $85.0 million or more. [198], In May 2014, days before the FCC was scheduled to rewrite its net neutrality rules, Blumenthal was one of 11 senators to sign a letter to FCC Chairman Tom Wheeler charging Wheeler's proposal with destroying net neutrality instead of preserving it and urging the FCC to "consider reclassifying Internet providers to make them more like traditional phone companies, over which the agency has clear authority to regulate more broadly. The senators requested the department "ensure these commodity purchases are carried out in a manner that most benefits the American farmer's bottom linenot the business interests of foreign corporations. Richard Blumenthal has been married to his wife, Cynthia, for over three decades. Senator Tammy Baldwin Helps Introduce Comprehensive Reform to Address Skyrocketing Prescription Drug Prices", "U.S. It is also sought civil fines of up to $100,000 per violation of state banking laws, and up to $5,000 per violation of state consumer protection laws.[98]. [14], In 1982, he married Cynthia Allison Malkin. AP. Blumenthal doesnt seem to have expensive taste, either. [41][42] Remedies were later proposed by Blumenthal and eight other attorneys general; these included requiring that Microsoft license an unbundled version of Windows in which middleware and operating system code were not commingled. This report is far from the end of the inquiry that this country needs and deserves. Richard Blumenthal, Attorney General, Connecticut Attorney General's Office, Hearing on Corporate Inversions, "Richard Blumenthal: He was supposed to be president. Born in Brooklyn, New York on February 13, 1946, Richard Blumenthal is 72 years old. The financial disclosure forms show that the Connecticut Senator's passive income is $3-$19 million per year, excluding his salary as a Senator. [142], In 2019, Blumenthal and 34 other senators introduced the Child Care for Working Families Act, a bill that created 770,000 new child care jobs and ensured families under 75% of the state median income did not pay for child care with higher-earning families having to pay "their fair share for care on a sliding scale, regardless of the number of children they have." [209], Blumenthal's wealth exceeds $100 million, making him one of the richest members of the Senate. He was the leading Senate sponsor of the Forced Arbitration Injustice Repeal Act, alongside Representative Hank Johnson, which would ban the use of the clauses in consumer contracts. [195][196], In June 2019, Blumenthal was one of 18 senators to sign a letter to United States Secretary of State Mike Pompeo requesting an explanation of a State Department decision not to issue an official statement that year commemorating Pride Month or the annual cable outlining activities for embassies commemorating Pride Month. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. But Blumenthal remarked that after the settlement, the ads continued to flourish using code words. This bill will save money, it will save lives, and it . His real estate investments in 2015 were estimated at $3.0 million. [88] He said that prostitution ads remained on the site despite previous assurances that they would be removed. He won in the general election on November 8, 2022.. Before his election to the Senate, Blumenthal had served . Kirsten Gillibrand (D-N.Y.) and Richard Blumenthal (D-Conn.) passed an amendment to delay the test's implementation. Besides properties in Manhattan, Malkin also owns a real estate company in Sao Paulo, Brazil. Blumenthal at high end of Senate millionaires' club - Connecticut Post His Republican opponent, Leora Levy, calls him a career. With a father who fled Nazi Germany at age 18, and a mother who left Nebraskas farmland to become a social worker, Richard Blumenthal was raised with a deep dedication to public service, a duty to give back by helping others, and a bedrock belief in hard work. During his stint as Attorney General, he built a reputation with high profile cases involving Microsoft, the tobacco lobby, Internet pornography, the environment, and more. Blumenthal served as administrative assistant to Senator Abraham A. Ribicoff, as aide to Daniel P. Moynihan when Moynihan was Assistant to President Richard Nixon, and as a law clerk to Judge Jon O. Newman, U.S. District Court of the District of Connecticut, and to Supreme Court Justice Harry A. Blackmun. With an estimated fortune of $1bn (760m), according to Forbes magazine, the make-up mogul is by . [127], In the wake of the 2021 storming of the United States Capitol, Blumenthal blamed Trump, saying that Trump "incited, instigated and supported" the attack. Democratic Connecticut Senate candidate Richard Blumenthal lied about serving in Vietnam. The Blumenthals have an investment of between $100,000 and $250,000 in U.S. Shanghai LLC, according to the senator's annual financial disclosures. From 1977 to 1981, he was United States Attorney for the District of Connecticut. Senator Richard Blumenthal's Net Worth: Behind the Wealth of One of the Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. "[204], In April 2019, Blumenthal was one of 12 Democratic senators to sign a letter led by Mazie Hirono that questioned Barr's decision to offer "his own conclusion that the President's conduct did not amount to obstruction of justice" and called for both the Justice Department's inspector general and the Office of Professional Responsibility to launch an investigation into whether Barr's summary of the Mueller report and his April 18 news conference were misleading. In 2020, Sens. Among the cars they own is a 2010 Ford Escape Hybrid, a 2009 Toyota Highlander Hybrid, a 2008 Toyota Prius Hybrid, and a 2002 Volvo Station Wagon. U.S. Sen. Richard Blumenthal on Friday rebuked claims in an article on a conservative news site that said he and his wife bought and sold stock in Robinhood while he called for an investigation into the stock trading app for its role in the GameStop trading frenzy last year. Members of Congress earn a salary of $174,000. [118], According to a pair of Quinnipiac polls on October 15, 2015, Blumenthal had a 34-point lead over Kudlow[119] and a 35-point lead over Wolf. According to Blumenthal, "Countrywide conned customers into loans that were clearly unaffordable and unsustainable, turning the American Dream of homeownership into a nightmare" and when consumers defaulted, "the company bullied them into workouts doomed to fail." Richard Blumenthal | United States senator | Britannica (Photo by Alex Wong/Getty Images). Most of Richard Blumenthals staggering wealth is thanks to his wife, Cynthia Malkin, the heiress of a real estate empire. He obtained at least five military deferments from 1965 to 1970 and took. "[203] After the Justice Department publicly released the redacted version of the report the following month, Blumenthal said, "What's demonstrated in powerful and compelling detail in this report is nothing less than a national scandal. That year, his accounts at JP Morgan held $7.3 million. Who Is Richard Blumenthal's Wife? New Details On Cynthia Malkin [124], In March 2012, Blumenthal and New York Senator Chuck Schumer gained national attention after they called upon Attorney General Eric Holder and the Department of Justice to investigate practices by employers to require Facebook passwords for employee applicants and workers. [23] During his 2010 Senate campaign, news report videos that showed Blumenthal claiming he had served in Vietnam created a controversy. In 2009, MySpace revealed that over a two-year span it had roughly 90,000 members who were registered sex offenders (nearly double what MySpace officials had originally estimated one year earlier). $85 Million. Richard Blumenthal. But. He studied for a year at Trinity College, Cambridge, in England before attending Yale Law School, where he was editor-in-chief of the Yale Law Journal. His challenger, Republican Linda McMahon, in this new ad, reminds Connecticut voters about Blumenthal's self-aggrandizement. The Blumenthals have four children: daughter Claire, and sons . There was one problem: Mr. Blumenthal, a Democrat now running for the United States Senate, never served in Vietnam. He initially worked in private law firms where he was made a partner. This is roughly 100 Americans' active income as our median income trends around $31k per year. [208] They have four children. [40], A 2000 landmark federal court decision ruled that Microsoft had violated antitrust laws, and the court ordered that the company be broken up. Attorney General Applauds EPA Finding That Greenhouse Gas Pollution Threatens Human Health, Environment. Most of her assets listed under Peter L. Malkin Family 9 LLC are worth over $1.0 million. In 2011, his real estate investment was a whopping $63.0 million. Originally sworn in on January 5, 2011, Richard Blumenthal is serving his third term as a United States Senator from the State of Connecticut. Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. as well as other partner offers and accept our. Blumenthal Bought Robinhood Shares as He Called for Congress To [148], In April 2019, Blumenthal was one of 11 senators to sign a letter to Juul CEO Kevin Burns asserting that the company had "lost what little remaining credibility the company had when it claimed to care about the public health" and that they would not rest until Juul's "dangerous products are out of the hands of our nation's children." A member of the Democratic Party, he is one of the wealthiest members of the Senate,[5] with a net worth over $100 million. His current term ends on January 3, 2029. [14], At age 31, Blumenthal was appointed United States Attorney for the District of Connecticut, serving from 1977 to 1981. Blumenthal said, "Corporations proposing to reincorporate to Bermuda, such as Stanley, often tell shareholders that there is no material difference in the law", but said that this was not the case and was misleading to their shareholders. "[20][113], Blumenthal's commanding officer in 1974 and 1975, Larry Baldino of Woodbridge, addressed the controversy in a letter to the editor in the New Haven Register. [102] Blumenthal has said, "no reputable climate scientist disputes the reality of global warming. Richard Blumenthal lied, and it should matter | The Daily Caller [81] Earlier that year, Blumenthal and attorneys general in at least five other states were involved in discussions with MySpace that resulted in the implementation of technological changes aimed at protecting children from pornography and child predators on the company's website. How the 15 richest members of Congress made their money - Business Insider Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. "[36] The suit alleged that changes in the act would have exempted thousands of industrial air pollution sources from the act's New Source Review provision and that the new rules and regulations would lead to an increase in air pollution. He assumed office on January 3, 2011. "[64] The suits cost the schools involved $2.2 million in the first four months of litigation. Kylie Jenner - who when the series started was just nine-years-old - is now 21 and a billionaire. Connecticut Attorney General's Office (September 30, 2003). 5. According to Wealth of Congress by Roll Call, the Senator of Connecticut is $70.0 million rich, minus liabilities. Under the agreement, the state of Connecticut retained the right to sue L.G. In October 2007, Blumenthal and the attorneys general of four other states lobbied Congress to reject proposals to provide immunity from litigation to telecommunications firms that cooperated with the federal government's terrorist surveillance program following the September 11 attacks. Statement of the Hon. Trump dubbed Blumenthal "Da Nang Richard," a reference to a battleground in the Vietnam War. His real estate investments in 2014 totaled roughly $32.3 million with over $14.8 million invested in securities. President Donald Trump attacked Sen. Richard Blumenthal, D-Conn., for misleading voters, making some false claims of his own in the process. "[135], In March 2019, Blumenthal was one of 38 senators to sign a letter to United States Secretary of Agriculture Sonny Perdue warning that dairy farmers "have continued to face market instability and are struggling to survive the fourth year of sustained low prices" and urging his department to "strongly encourage these farmers to consider the Dairy Margin Coverage program. Hollingsworth Capital Partners, which renovates factories. Getty Senator Richard Blumenthal of Connecticut, 73, is one of the wealthiest members of Congress. Connecticut Attorney General's Office (October 27, 2003). [88] The subpoena sought documents related to Craigslist's processes for reviewing potentially objectionable ads, as well as documents detailing the revenue gained from ads sold to Craigslist's erotic services and adult services categories. Vern Buchanan $73.9 million. [184] That same month, Blumenthal, three other Senate Democrats, and Bernie Sanders signed a letter to Acting FDA Commissioner Ned Sharpless in response to Novartis falsifying data as part of an attempt to gain the FDA's approval for its new gene therapy Zolgensma, writing that it was "unconscionable that a drug company would provide manipulated data to federal regulators in order to rush its product to market, reap federal perks, and charge the highest amount in American history for its medication. Senator Tammy Baldwin Helps Introduce Legislation to Ensure Child Care for All", "Democratic Senators Oppose FCC Changes To KidVid Rules", "US Sens. DeFelice and the Maguire Group, the engineering firm that inspected the project. [39] The suit, which centered on Microsoft's Windows 98 operating system and its contractual restrictions imposed on personal computer manufacturers to tie the operating system to its Internet Explorer browser, was eventually merged with a federal case brought by the United States Department of Justice (DOJ) under Attorney General Janet Reno. He called for Vice President Mike Pence to invoke the Twenty-fifth Amendment to the United States Constitution. "[185], In April 2019, Blumenthal was one of 41 senators to sign a bipartisan letter to the housing subcommittee praising the Department of Housing and Urban Development's Section 4 Capacity Building program as authorizing "HUD to partner with national nonprofit community development organizations to provide education, training, and financial support to local community development corporations (CDCs) across the country" and expressing disappointment that Trump's budget "has slated this program for elimination after decades of successful economic and community development." Fact check: Trump says Blumenthal lied (he did) and bragged (he didn't) "[58] In a press release, he said, "This fatally flawed RTO proposal will raise rates, reduce accountability and reward market manipulation. Democratic Sen. Richard Blumenthal said Sunday evening that surgery to repair a fracture in his femur was "completely successful" and that he's planning to return to the . On March 18, 2007, Hartford Courant columnist Kevin Rennie reported that Blumenthal had become seriously interested in running for governor in 2010. He was elected Attorney General of Connecticut in 1990 and served for 20 years. [179], In June 2019, Blumenthal was one of four senators to cosponsor the Help Empower Americans to Respond (HEAR) Act, legislation that would ban suppressors being imported, sold, made, sent elsewhere or possessed and grant a silencer buyback program as well as include certain exceptions for current and former law enforcement personnel and others. [52] Citing common law, the suit sought to recover money misspent and serious damages resulting from Barnes's alleged breach of duty. Richard Blumenthal, Attorney General, Connecticut Attorney General's Office, Statement of the Hon. Democratic Sen. Richard Blumenthal of Connecticut, who has co-sponsored the legislation, told CBS News that "the vast majority of the American people want more visibility in the courtroom." have speculated that the lawsuit was one of the biggest reasons that the University of Connecticut was not sought after by the ACC during its 2011 additions of then-Big East members Syracuse and Pittsburgh. The Top 10 Wealthiest Members of Congress And How They Made Their Fortunes PASSING THE INFLATION REDUCTION ACT U.S. Blumenthal (Democratic Party, Working Families Party) ran for re-election to the U.S. Senate to represent Connecticut. [166][167], In March 2019, Blumenthal and 38 other senators signed a letter to the Appropriations Committee opining that contractor workers and by extension their families "should not be penalized for a government shutdown that they did nothing to cause" while noting that there were bills in both chambers of Congress that would provide back pay to compensate contractor employees for lost wages, urging the Appropriations Committee "to include back pay for contractor employees in a supplemental appropriations bill for FY2019 or as part of the regular appropriations process for FY2020."[168]. How The 15 Richest Members Of Congress and Senate Made Their Money Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. In 1987, he won a special election to fill a vacancy in the 27th district of the Connecticut Senate, at age 41. Sens. [72] Responding to concerns from chronic Lyme disease advocacy groups, Blumenthal claimed the IDSA guidelines would "severely constrict choices and legitimate diagnosis and treatment options for patients. He graduated from Harvard College, where he was editor-in-chief of The Harvard Crimson. Republican Rep. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. In 2001, the federal appeals court agreed, but rather than break up the company, it sent the case to a new judge to hold hearings and determine appropriate remedies. He received a Fiske Fellowship and studied at the University of Cambridge for a year after graduating from Harvard. [41] In November 2002, a federal court ruling imposed those same remedies. 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He led efforts by the Big East football schools (Virginia Tech, Rutgers, Pittsburgh, and West Virginia) in legal proceedings against the Atlantic Coast Conference, the University of Miami and Boston College, accusing them of improper disclosure of confidential information and of conspiring to dismantle the Big East. He is expected to make a full recovery. At 31 years old, he became the U.S. Attorney for the District of Connecticut. This page was last edited on 30 April 2023, at 19:21. Connecticut Attorney General's Office (August 14, 1997). Richard Blumenthal, Attorney General, Connecticut Attorney General's Office. Last night, the New York Times printed an explosive story suggesting that Democratic Connecticut Attorney General Richard Blumenthal - who is currently .
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