Monday, January 17, 2022

Dr. Fauci’s financial disclosure shows $10.4M in investments

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If that drug case doesn’t work, Dr. Anthony Fauci can always find a job on Wall Street.

The president’s chief medical adviser and his wife had an investment of $ 10.4 million by the end of 2020, according to new publications.

This amount, including $ 2.3 million in unrealized earnings, was held in various investment funds.

Fauci’s 2020 financial data was released Friday night by Senator Roger Marshall (R-Kan.), Who called him “stupid” after Fauci questioned Fauci’s financial data at a Senate hearing on Tuesday. was called.

“Dr. Fauci was absolutely dishonest about the fact that his financial information was open to the public, “Marshall said in a statement. should be held accountable to all Americans who do not.

Fauci’s 2020 application – previously unveiled to the public – provided information on the financial status of the country’s highest-paid federal employee, who earned $ 434,312 in 2020 and sought an annual pension of $ 350,000 after retirement.

Dr. Fauci testified before the Senate Committee on Health, Education, Labor and Pensions earlier this week.

In a mix of trust and pension accounts, he and his wife, Atlas, own large investment funds and the Pimco investment-grade bond fund, a tax-exempt municipal debt fund.

Other holdings include the Pax Ellevate Global Women’s Leadership Foundation – which invests in high-profile companies to “promote women through gender diversity councils, high-level leadership groups and other policies and practices” – and East Asia-focused Matthew Tinch ocean tiger fund. countries, especially China, but with the exception of Japan.

Senator Roger Marshall Fauci provides an overview of the annual salary he received.
Senator Roger Marshall Fauci provides an overview of the annual salary he received.

The application also disclosed funds ranging from $ 250,000 to $ 500,000 in the money market account and $ 50,000 to $ 100,000 in 529 study accounts.

Fauci also reported that House Speaker Nancy Pelosi County has a stake of $ 1,000 to $ 15,000 in the San Francisco-based trattoria Jackson Filmor. “The pasta dishes in Jackson are simple and straightforward, but the taste seems to be that they are made with love,” writes Infatuation commentator.

On the revenue side, Fauci paid royalties ranging from $ 100,000 to $ 1 million by McGrow-Hill. He announced three awards, including a $ 8,100 prize and travel fee, for his near-participation in the Robert Kennedy Foundation’s Wave of Hope film.

He also received $ 5,198 from the Civil Service Partnership after being named a nonprofit’s 2020 federal employee.

Fauci’s finances came under new scrutiny this week after Fauci said “misinformed” Senator Marshall should only “ask” for his 2020 data, which is open to the public.

Fauci’s employer, the National Institutes of Health, submitted the documents to Marshall in response to a firmly written letter on Friday.

According to Adam Andrzejewski from OpenTheBooks.com, Fausi’s salary for 2021 and 2022 has not yet been announced.

The conservative nonprofit Judicial Watch sued the U.S. Department of Health and Human Services, the parent of the NIH, in October 2021 for documents related to Fauci’s financial affairs. HHS has proposed the release of monthly publications from February 1, according to court documents.

Dr. Anthony Fauci.
Fauci’s salary for 2021 and 2022 has not yet been announced.

Judicial Watch president Thomas Fitton accused NIH of playing a “shell game” with Fauci’s recordings.

Its financial data for 2019 were published by the NIH after the 2020 Freedom of Information Act. reporter’s inquiry.

But the NIH never explained the edits in the 2019 disclosure – or when it told the media last week, including The Post, that Fauci’s application for 2020 should be asked of the Federal Office of Public Ethics, why the document was sent to the FOIA He did not explain that he had reworked. another process.

NIH did not return requests for comment.

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