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Financial Disclosure Summaries For Key Lawmakers


Rep. John Kline, R-Minn., chairman, House Education and Workforce Committee

Earned income: $174,000

Honoraria, all donated to charity: None

Major assets: Four mutual funds, each valued at $1,000-$15,000; cash account, $1-$1,000

Major sources of unearned income: Dividends and interest on mutual funds, $200-$1,600; interest on cash account, $1-$200

Major liabilities: None

Gifts: None

Narrative: Kline has military retirement income from his 25-year service in the U.S. Marine Corps. His wife owns a 534-acre farm in Houston, Minn., valued at $100,000-$250,000.


Rep. Fred Upton, R-Mich., chairman, House Energy and Commerce Committee

Earned income: $174,000

Honoraria, all donated to charity: None

Major assets: Family trusts, $5 million-$25 million

Major sources of unearned income: Dividends and interest from family trusts, $100,000-$1 million

Major liabilities: Home equity credit line, between $15,001 and $50,000

Gifts: None

Narrative: Upton, a Whirlpool appliance heir, owns Whirlpool stock worth $1 million to $5 million. He also owns shares in several energy companies, such as General Electric and Chevron. His wife owns stock in Exxon Mobil and BP; and one of his children owns stock in Chesapeake Energy. Upton said his family trusts are "not managed or controlled by me."


Rep. Jo Bonner, R-Ala., chairman, House Ethics Committee

Earned income: $174,000

Honoraria, all donated to charity: None

Major assets: More than 2,400 acres of timberland in Wilcox County, Ala., $1 million-$5 million; another 78 acres of timberland in the same county, $100,000-$250,000

Major sources of unearned income: Hunting leases on the timberland, $15,000-$50,000

Major liabilities: Three revolving credit accounts, $15,000-$50,000 each

Gifts: None

Narrative: As chairman of the committee that judges potential conflicts of interest, Bonner owns no stock individually in any company, although his wife does. In addition to his land holdings, Bonner invests mainly in mutual funds.


Rep. Spencer Bachus, R-Ala., chairman, House Financial Services Committee

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