Rangel lowballed net worth by half

Published



House Ways and Means Committee Chairman Charlie Rangel, D-N.Y., has amended his 2007 financial disclosure forms, adding hundreds of thousands of dollars in previously undisclosed assets.

The news was first reported on the Website of Congressional Quarterly earlier today. The site reports that Rangel filed an amended financial disclosure statement earlier this month to include $250,000 in a Congressional Federal Credit Union, “land in southern New Jersey and stock in PepsiCo and fast food conglomerate Yum! Brands,” CQ reports.

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