January 5, 2023

Farewell Liz Cheney... $37-Million Richer

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By Jackson Kincaid

In Brief: 

Rep. Liz Cheney has bid Congress farewell after a dramatic defeat to a Trump-backed challenger. However, the loss of votes (and dignity) have not cost her financially, and she has profited off of the loss. 

The Background: 

After 6 years in Congress, Liz Cheney was quite unceremoniously dumped by her constituents. She became less Cheney and more Pelosi the longer she stayed in D.C. And, thinking that becoming the Left’s personal attack dog when it came to Trump would further her career, she lost her spot in Congress. 

However, her bank account, unlike her career, has flourished during her time in D.C. Breitbart News reported in August that Cheney’s net worth ballooned from an estimated $7 million when she first took office in 2017 to possibly more than $44 million in 2020. Depending on the specifics of her latest financial disclosure form, Cheney’s net worth could have skyrocketed up to 600% in Congress.

Cheney reported no earned income, gifts, or transactions. She did report holding three posts, including a trustee position at the University of Wyoming, membership of a holding company, and what appears to be a position in her family’s trust. In addition, she receives income from her husband Philip Perry, whose firm has strong ties to China.

Notable Quotes: 

“If I have to choose between maintaining a seat in the House of Representatives or protecting the constitutional republic and ensuring the American people know the truth about Donald Trump, I’m going to choose the Constitution and the truth every single day.” –Liz Cheney

 

 

What do you think?