• His disclosures, both from his final year in Congress and his time as Minnesota governor, also show no mutual funds, bonds, private equities, or other securities.
  • No book deals or speaking fees or crypto or racehorse interests.
  • Not even real estate. The couple sold their Mankato, Minnesota, home after moving into the governor’s mansion, for below the $315k asking price).
  • zalgotext@sh.itjust.works
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    3 months ago

    The money to find pensions may come from stocks or other investments, but the recipient of the pension doesn’t control those investments right? They just get the payout

    • Crashumbc@lemmy.world
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      3 months ago

      Correct.

      Which becomes an issue if the pension manager doesn’t properly account for market downturns etc…

      • zalgotext@sh.itjust.works
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        3 months ago

        Oh sure. But from a “does Tim Walz own stock” standpoint, I think it’s still justified to say “no” even if he has a pension that is backed by stocks.

        • Crashumbc@lemmy.world
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          3 months ago

          That’s a pretty severe stretch. And not at all what people mean when they ask if someone owns stock.

          That’s like saying someone is a landlord if they invest in REIT…