We're learning some significant facts about the new Speaker of the House of Representatives, Mike Johnson (R-LA), and here is perhaps the most shocking piece of information uncovered to date:

He isn't rich.

Over the course of seven years, Johnson has never reported a checking or savings account in his name, nor in the name of his wife or any of his children, disclosures show. In fact, he doesn’t appear to have money stashed in any investments, with his latest filing—covering 2022—showing no assets whatsoever.

Of course, it’s unlikely Johnson doesn’t actually have a bank account. What’s more likely is Johnson lives paycheck to paycheck—so much so that he doesn’t have enough money in his bank account to trigger the checking account disclosure rules for members of Congress. //

Jordan Libowitz, communications director for watchdog group Citizens for Responsibility and Ethics in Washington, offered a more blunt assessment, saying that if Johnson truly doesn’t have any assets, it “raises questions about his personal financial wellbeing.”