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Representative Bachmann Reports Assets Worth $1.3 to $2.8M

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MINNEAPOLIS (AP) — U.S. Rep. Michele Bachmann owns assets worth between $1.3 million and $2.8 million, making her one of the wealthiest members of Minnesota’s congressional delegation.

The bulk of the assets held by Bachmann and her husband are associated with his Christian counseling clinic and a stake in his family farm in Wisconsin.

She reported no income from memoirs published last year.

The state’s richest congressional member is Democratic U.S. Sen. Al Franken. His net worth is between $4 million and $12.5 million.

The figures are part of annual financial disclosures. Members of Congress are only required to reveal their holdings in broad ranges.

Democratic U.S. Rep. Collin Peterson reported assets worth between $104,000 and $310,000. However, he also has liabilities between $300,000 and $850,000.

Copyright 2012 by The Associated Press.  All Rights Reserved.

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