how did richard blumenthal make his moneyhow did richard blumenthal make his money

how did richard blumenthal make his money how did richard blumenthal make his money

[citation needed], In a Connecticut Supreme Court decision, Blumenthal v. Barnes (2002), a unanimous court determined that the state attorney general could act using only the powers specifically authorized by the state legislature, and that since the attorney general's jurisdiction is defined by statute rather than common law, Blumenthal lacked the authority to cite common law as the basis for filing suit against Barnes. In 2009, MySpace revealed that over a two-year span it had roughly 90,000 members who were registered sex offenders (nearly double what MySpace officials had originally estimated one year earlier). [47] In order to rectify this situation he championed the Corporate Patriot Enforcement Act to close tax loopholes. [120], Blumenthal was reelected with 63% of the vote against Republican state representative Dan Carter, becoming the first person in Connecticut's history to receive over a million votes in a single election. [19] In April 1970, Blumenthal enlisted in the United States Marine Corps Reserve which, as The New York Times noted, "virtually guaranteed that he would not be sent to Vietnam". Top editors give you the stories you want delivered right to your inbox each weekday. 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Blumenthal's brother David Blumenthal is a doctor and health care policy expert who became president of the Commonwealth Fund.[12]. [99], Blumenthal has been a vocal advocate of the scientific consensus on climate change, that human activity is responsible for rising global temperatures and that prompt action to reduce greenhouse gas emissions must be taken. But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. He earned additional incomes of $18,388 in ordinary dividends and $55,761 from pensions and annuities from the time he was Attorney General, according to the documents. The senators wrote that "FEMA's refusal to use the tools at its disposal, including DHAP, to help these survivors is puzzlingand profoundly troubling" and that hundreds of hurricane survivors were susceptible to being left homeless in the event that FEMA and HUD continued to not work together. degree magna cum laude and membership in Phi Beta Kappa. U.S. Sen. Richard Blumenthal on Friday rebuked claims in an article on a conservative news site that said he and his wife bought and sold stock in Robinhood while he called for an investigation into the stock trading app for its role in the GameStop trading frenzy last year. Fact check: Trump says Blumenthal lied (he did) and bragged (he didn't) The resolution recognizes local news as a public good that serves an essential function in the democracy of the United States. When it comes to his personal life, since 1982 Richard has been married to Cynthia Allison Malkin, a daughter of American real estate magnate Peter L. Malkin. Both implemented dozens of safeguards, including finding better ways to verify users' ages, banning convicted sex offenders, and limiting the ability of older users to search for members under 18. He called for Vice President Mike Pence to invoke the Twenty-fifth Amendment to the United States Constitution. Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a 2018 analysis by Roll Call. CT's Richard Blumenthal beats Leora Levy for third term in U.S. Senate. In the 1980s, Blumenthal testified in the state legislature in favor of abolishing Connecticut's death penalty statute. [202], In March 2019, after Attorney General William Barr released a summary of the Mueller report, Blumenthal said the issue was about "obstruction of justice, no exoneration there, and the judgment by William Barr may have been completely improper" and that he did not "deeply respect and trust the Barr summary, which was designed to frame the message before the information was available. "[181], In June 2019, Blumenthal was one of eight senators to cosponsor the Territories Health Equity Act of 2019, legislation that would remove the cap on annual federal Medicaid funding and increase federal matching rate for Medicaid expenditures of territories along with more funds being provided for prescription drug coverage to low-income seniors in an attempt to equalize funding for American territories Puerto Rico, the Virgin Islands, Guam, American Samoa and the Northern Mariana Islands with that of U.S. Blumenthal joined Tapper on "The Lead" to discuss efforts to modify the filibuster or abolish it altogether and complained that Republicans "overuse, abuse and misuse" it in their attempts to block the Democrats' agenda. Washington Sen. Richard Blumenthal, a Democrat from Connecticut, fractured his femur Saturday during a parade celebrating the UConn Huskies' NCAA men's basketball title, he said.. [198], In May 2014, days before the FCC was scheduled to rewrite its net neutrality rules, Blumenthal was one of 11 senators to sign a letter to FCC Chairman Tom Wheeler charging Wheeler's proposal with destroying net neutrality instead of preserving it and urging the FCC to "consider reclassifying Internet providers to make them more like traditional phone companies, over which the agency has clear authority to regulate more broadly. Malkin is the daughter of real estate mogul. [70], In November 2006, Blumenthal tried, as Paul A. Offit described it, "to legislate a disease, Chronic Lyme, into existence". Senator Richard Blumenthal of Connecticut is ranked among the wealthiest politicians in the U.S. Her maternal grandfather was lawyer and philanthropist Lawrence Wien.[30]. Does Gary Mendez Die on A Million Little Things? Sen. John Kerry (D-MA) Estimated Net Worth: $193.07 million. [86], In March 2008, Blumenthal issued a letter to Craigslist attorneys demanding that the website cease allowing postings for erotic services, which he claimed promoted prostitution, and accused the site of "turning a blind eye" to the problem. [91] In August 2010, Blumenthal called on Craigslist to shut the section down permanently and take steps to eradicate prostitution ads from other parts of the site. [205], In April 2019, Blumenthal was one of seven senators to sponsor the Digital Equity Act of 2019, legislation establishing a $120 million grant program that would fund both the creation and implementation of "comprehensive digital equity plans" in each U.S. state along with providing a $120 million grant program to give support toward projects developed by individuals and groups. That year, his accounts at JP Morgan held $7.3 million. [37] He argued that the state of Connecticut should be reimbursed for Medicaid expenses related to smoking. Blumenthal (Democratic Party, Working Families Party) ran for re-election to the U.S. Senate to represent Connecticut. He then attended Harvard College, from which he graduated in 1967 with an A.B. by Erica E. Phillips and Lisa Hagen November 8, 2022 @ 8:34 pm. In 1973, Blumenthal received his J.D. It will increase the power and profits of transmission operators with an immediate $40million price tag for consumers. Working with Connecticuts Congressional Delegation, he has secured billions of dollars of federal funding to improve rail safety, promoted climate resiliency, and protected Long Island Sound and Connecticuts rivers and streams. Senator Blumenthal is also working to bring Connecticuts transportation systems and infrastructure into the twenty-first century. He was elected Attorney General of Connecticut in 1990 and served for 20 years. The original contractor for the job, L.G. He initially worked in private law firms where he was made a partner. [122] In the general election, he defeated Leora Levy, who defeated former Connecticut House Minority Leader Themis Klarides in the Republican primary. Results: Richard Blumenthal Defeated Leora Levy: Connecticut's US Richard Blumenthal has been earning income from various corporate securities. He was drafted into the U.S. Marine Corps Reserve during the Vietnam War, however, he didnt participate actively in the war. She is the daughter of New York real estate tycoon, Peter Malkin. [161], In July 2019, Blumenthal was a cosponsor of the Defending America's 5G Future Act, a bill that would prevent Huawei from being removed from the "entity list" of the Commerce Department without an act of Congress and authorize Congress to block administration waivers for U.S. companies to do business with Huawei. Blumenthal is under fire for saying, on several occasions, that he served in the Vietnam War when he was a Marine reservist who never left U.S. soil. Possibly because of election season, Blumenthals 2015 investments were much lower than in the past. [13] Blumenthal was a summer intern reporter for The Washington Post in the London Bureau. [28] From 1981 to 1986, he was a volunteer counsel for the NAACP Legal Defense Fund. Some say it could be much higher. "[187], In April 2019, Blumenthal was one of six Democratic senators to sign a letter to Acting Defense Secretary Patrick M. Shanahan expressing concern over memos by Marine Corps General Robert Neller in which Neller critiqued deployments to the southern border and funding transfers under Trump's national emergency declaration as having posed an "unacceptable risk to Marine Corps combat readiness and solvency" and noted that other military officials had recently stated that troop deployment did not affect readiness. But. Her grandfather, Lawrence Wien, was a prominent lawyer and philanthropist. [29] She is the daughter of real estate investor Peter L. Malkin. Blumenthal has invested a big share of his wealth in real estate. He was honorably discharged with the rank of Sergeant in 1976. In 2010, Senator Blumenthal was elected to represent Connecticut in the United States Senate. Sorry, Stanley - editorial (May 9, 2003). Before he was re-elected in the senate in 2016, Blumenthal was the second richest member of Congress. Sen. Richard Blumenthal's wife is responsible for much of his good fortune. "[64] The suits cost the schools involved $2.2 million in the first four months of litigation. [82] He also urged MySpace to take further steps to safeguard children, including purging deep links to pornography and inappropriate material, tougher age verification, and banning users under 16. [144], In April 2018, Blumenthal was one of five Democratic senators to sign a letter to FEMA administrator Brock Long calling on FEMA to enter an agreement with the United States Department of Housing and Urban Development that would "stand up the Disaster Housing Assistance Program and address the medium- and longer-term housing needs" of evacuees of Puerto Rico in the aftermath of Hurricane Maria. "[20][113], Blumenthal's commanding officer in 1974 and 1975, Larry Baldino of Woodbridge, addressed the controversy in a letter to the editor in the New Haven Register. Senator Blumenthal is a member of the Committee on the Judiciary, Committee on Homeland Security & Governmental Affairs, Committee on Armed Services, Committee on Veterans Affairs, and Special Committee on Aging. [62] Kolb was arrested in 2004 and charged with first-degree larceny. [191], In July 2019, Blumenthal and 15 other Senate Democrats introduced the Protecting Sensitive Locations Act, which mandated that ICE agents get approval from a supervisor before engaging in enforcement actions at sensitive locations except in special circumstances and that agents receive annual training in addition to being required to annually report enforcement actions in those locations. In CT U.S. Senate race, Blumenthal runs on decades-long record "[36] The suit alleged that changes in the act would have exempted thousands of industrial air pollution sources from the act's New Source Review provision and that the new rules and regulations would lead to an increase in air pollution. Sen. Richard Blumenthal - Campaign Finance Summary A member of the Democratic Party, he is one of the wealthiest members of the Senate, [5] with a net worth over $100 million. He supports a national assault weapons ban and introduced such a ban in 2017 and 2023. [190], In July 2019, following reports that the Trump administration intended to end protections of spouses, parents and children of active-duty service members from deportation, Blumenthal was one of 22 senators to sign a letter led by Tammy Duckworth arguing that the program allowed service members the ability "to fight for the United States overseas and not worry that their spouse, children, or parents will be deported while they are away" and that the program's termination would cause personal hardship for service members in combat. He was the leading Senate sponsor of the Forced Arbitration Injustice Repeal Act, alongside Representative Hank Johnson, which would ban the use of the clauses in consumer contracts. [62] Blumenthal sued for $1.75 million. [189], In June 2019, Blumenthal and six other Democratic senators led by Brian Schatz sent letters to the Government Accountability Office along with the suspension and debarment official and inspector general at the US Department of Health and Human Services citing recent reports that showed "significant evidence that some federal contractors and grantees have not provided adequate accommodations for children in line with legal and contractual requirements" and urging government officials to determine whether federal contractors and grantees were in violation of contractual obligations or federal regulations and should thus face financial consequences. Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. Richard Blumenthal[4] (/blumnl/; born February 13, 1946) is an American lawyer and politician who is the senior United States senator from Connecticut, a seat he has held since 2011. Born in Brooklyn, New York, Blumenthal attended Riverdale Country School, a private school in the Bronx. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. Members of Congress earn a salary of $174,000. During this period political observers speculated about him as a contender for governor of Connecticut, but he never pursued the office. We do not guarantee the accuracy of these numbers. He was reelected in 2016 with 63.2% of the vote, becoming the first person to receive more than a million votes in a statewide election in Connecticut. Peterson, Paul; White, David; Doolittle, Nick; & Roschelle, Amy (September 29, 2003) of Synapse, Energy Economics Inc. Subcommittee on Select Revenue Measures of the House Committee on Ways and Means (June 6, 2002). In 2009, the Second Circuit Court of Appeals agreed to allow Blumenthal's lawsuit to proceed. [51], In September 1999, Blumenthal announced a lawsuit against Robin Barnes, the president and treasurer of New Haven-based charter school the Village Academy, for serious financial mismanagement of the state-subsidized charitable organization. His aggressive law enforcement for consumer protection, environmental stewardship, labor rights, and personal privacy helped to reshape the role of state attorneys general nationwide, and resulted in the recovery of hundreds of millions of dollars for Connecticut taxpayers and consumers each year. Kylie Jenner - who when the series started was just nine-years-old - is now 21 and a billionaire. They met at a party she attended with her parents when Blumenthal was 31. Here are the richest members currently serving in the House and Senate, based on their reported net worth. [88] He said that prostitution ads remained on the site despite previous assurances that they would be removed.

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