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Financial Disclosure Summaries For Key Lawmakers

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Major liabilities: None

Gifts: None

Narrative: McCarthy entered into a publishing agreement with Simon and Shuster on March 8, 2010, for the book, "Young Guns: A New Generation of Conservative Leaders," which was published in the fall. His co-authors were House Majority Leader Eric Cantor and Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee. McCarthy reported no book earnings during 2010.


Rep. Steny Hoyer, D-Md., House Minority Whip

Earned income: $193,400

Honoraria, all donated to charity: None

Major assets: Congressional Federal Credit Union account, $15,000-$50,000; Citibank NA Bank Deposit Program, $1,001-$15,000, Western Asset Government Money Market Fund, $1,001-$15,000, Teloknet stock, $1,001-$15,000

Major sources of unearned income: Capital gains on Berkshire Income Realty, $2,501-$5,000; Dividends from Income Fund of America, $1,001-$2,500; Legg Mason Value Trust Fund dividends, $1,001-$2,500

Major liabilities: None

Gifts: None

Narrative: Hoyer's earned income in 2010 came from his salary as House Majority Leader, $193,400. With Democrats in the minority, he is now the Democratic whip. Hoyer also received a legislative pension of $20,481from the Maryland State Retirement Agency for his service the Maryland Senate. Hoyer owns a handful of stocks and investments in money market funds, but none greater than $15,000. Hoyer sold his interests in Berkshire Income Realty, valued at $1,001 to $15,000, Income Fund of America, valued at $50,001 to $100,000, the Investment Company of America, valued at $15,001 to $50,000 and the Legg Mason Value Trust Fund, valued at $100,001 to $250,000. All of the sale proceeds were applied to a Thrift Savings Plan.


Senate Majority Leader Harry Reid, D-Nev.

Earned income: $193,400

Honoraria, all donated to charity: None

Major assets: 160 acres in Bullhead City, Ariz., $1 million-$5 million; controlling interest in 55 acres in Reid's hometown of Searchlight, Nev., $250,001-$500,000; controlling interest in 47 acres in mining claims, $250,001-$500,000; Wells Fargo Tax Free Money Market Trust, $100,001-$250,000; Dow Jones U.S. Technology Sector Index Fund, $100,001-$250,000; controlling interest in mining claims in Searchlight, Nev., $100,001-$250,000

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