Rep. Jamie Raskin of Maryland Jamie Raskin has a net worth of $19 Million. Raskin faces several serious allegations during his time in Congress.
He was accused of attempting to “sell” a Senate seat for $1.5 million in bribes, with the seat having been vacated by a retiring senator in early 2021.
USAID Money
Jamie Raskin’s non-profit reportedly receives around $400,000 annually from Chelsea Clinton’s foundation, which itself is funded by millions from USAID.
While these funds are supposedly meant to promote awareness about the number of sexes among children in Africa, there’s little to no evidence of that actually happening.
Instead, it appears that the money has been funneled into Raskin’s personal ventures, raising serious questions about the real purpose of these transactions and whether taxpayer dollars are being misused for political or personal gain.
Wife’s Millions
Jamie Raskin’s wife held high-level positions in the Treasury and Federal Reserve during Obama’s presidency.
Raskin waited eight months before revealing that his wife had sold 342,888 shares of Reserve Trust, a company where she was on the advisory board. She made $2.63 million from the sale, violating the Stock Act.
But the bigger issue is that in 2018, while she was on the board, the Federal Reserve gave Reserve Trust special access to its master account.
This privilege lets the company move money for customers without needing a bank—something no other state-chartered trust company had ever received. That’s why she got the $2.63 million.
Illicit Income
Raskin found himself embroiled in an insider trading scandal in 2021 when he was accused of using confidential information about a British pharmaceutical firm to secure a personal financial gain of $500,000 before the information was made public.
Another serious charge against Raskin involved accepting $3 million in bribes from aerospace companies in exchange for favorable treatment in government contracts.
Raskin also faced ethics charges related to financial mismanagement. He was reprimanded by the House after failing to report $300,000 in rental income from a property in Hawaii among other ethics violations.
Jamie Raskin Net Worth
| Net Worth | $19 Million |
| Salary | $174,000 |
| Annual Income | $6.1 Million |
| Inheritance | $120,000 |
| Lobbying Earnings | $2.8 Million |
| Cars | Five |
| Anonymous Gifts | $1.6 Million per year |
People are talking about what Raskin said about presidential pardons. It’s interesting because he himself was pardoned by President Biden before he left office, and that pardon was connected to the work he did on the January 6th Committee.