Sen. Rick Scott To Take Immense Wealth Out Of A Blind Trust

Sen. Rick Scott (R-FL) speaks during a news conference at the U.S. Capitol January 17, 2019. (Photo by Alex Wong/Getty Images)
Start your day with TPM.
Sign up for the Morning Memo newsletter

Sen. Rick Scott (R-FL) will take his assets out of a blind trust, reversing a practice he instituted when he became governor of Florida.

According to a Tampa Bay Times report Monday, Scott was the wealthiest governor in Florida’s history, his net worth exceeding $200 million at the end of 2017.

His blind trust was far from perfect: the people in charge of his trust included his former personal adviser and it excluded his wife’s holdings, $173 million worth of investments that overlapped with his own assets.

He told the Times that he will make “normal filings,” or the annual financial disclosure forms required of members of Congress.

Latest News

Notable Replies

  1. Avatar for outis outis says:

    I am sure that he will only use it for good . . . . (oh, would that were true)

  2. Oh bless his heart…it’s always better for us to ‘see’ that you’re screwing us over with your votes…

  3. He told the Times that he will make “normal filings,” or the annual financial disclosure forms required of members of Congress.

    Hopefully he's reporting the income from those Russians renting 1/2 his garage for $100,000 a month.
  4. Can’t get in on that federal-level corruption with the cash all locked up.
    Go Rick! Let the fleecing of America and raging Trump corruption break free!

  5. Skeevy Skeletor Skam…

Continue the discussion at forums.talkingpointsmemo.com

31 more replies

Participants

Avatar for bobbybob Avatar for sandi Avatar for frasca Avatar for yellowdogfox Avatar for druid800 Avatar for kwoodgr Avatar for sysprog Avatar for steviedee111 Avatar for irasdad Avatar for thebigragu Avatar for sickneffintired Avatar for lastroth Avatar for jeffs Avatar for pb Avatar for ronbyers Avatar for khaaannn Avatar for zlohcuc Avatar for rickjones Avatar for demosthenes59 Avatar for euglena4056 Avatar for loss_mentality Avatar for outis Avatar for theuniversalexecutive Avatar for rascal_crone

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: