Political Headlines May 15, 2015: Obamas have assets worth less than 7 million

POLITICAL HEADLINES

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PRESIDENCY, CONGRESS & CAMPAIGNS:

Obamas have assets worth less than 7 million

The White House released the financial disclosures for President Barack Obama and Vice president Joe Biden on Friday, May 15, 2015, indicating that the president has a net worth of between $2 and $7 million, whereas the Vice President is worth between $275,000 to $1.1 million. The Ethics in Government Act of 1978 requires disclosures each year, but only indicates broad ranges not exact amounts.

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