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Bush Aides Report Millions in Assets

Recent financial disclosures show that real estate and mutual funds are among the investments held by Bush advisers Andrew Card, from left, Dan Bartlett and Karl Rove.
Recent financial disclosures show that real estate and mutual funds are among the investments held by Bush advisers Andrew Card, from left, Dan Bartlett and Karl Rove. (By Frank Johnston -- The Washington Post)
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By Michael A. Fletcher
Washington Post Staff Writer
Thursday, June 16, 2005

Most of President Bush's top aides reported having mutual funds, stocks and real estate holdings worth millions of dollars, according to 2004 financial disclosure reports released yesterday.

Deputy chief of staff Karl Rove reported having mutual funds and treasury bonds worth between $1.1 million and $2.4 million. He and his wife also reported owning a house in Rosemary Beach, on the Florida Panhandle, worth at least $1 million. He also reported owning a rental home in Ingram, Tex., worth between $100,001 and $250,000. Rove reported collecting between $2,501 and $5,000 in rent on the Texas property in 2004.

Counselor to the President Dan Bartlett reported having at least $500,000 in mutual funds and land in West Texas's Kerr County worth between $15,000 and $50,000.

Chief of Staff Andrew H. Card Jr. reported having between $1.2 million and $3.2 million in mutual funds and bank accounts. He also reported owning a home in Poland, Maine, worth between $100,001 and $250,000. He also had a two-family home in Holbrook, Mass., worth between $250,000 and $500,000. Card, a longtime government employee, said he earned between $15,001 and $50,000 in rent from the property.

National security adviser Stephen J. Hadley reported assets worth between $3.3 million and $7.6 million. Much of the money was in mutual funds and CDs, although he reported owning a stake worth between $100,001 and $250,000 in a real estate partnership that owns an office building.

Allan Hubbard, the president's chief economic adviser, reported assets worth between $5.7 million and $23.6 million. Much of his wealth is in holdings in private firms as well as retirement accounts. Hubbard is the former president of E&A Industries Inc., an Indianapolis-based industrial chemical firm. He was a classmate of Bush's at Harvard Business School.

White House counsel Harriet Miers reported holdings worth between $218,000 and $597,000. Her assets include small stock holdings, a money market fund, several mutual funds and a vacant lot in Dallas, worth between $1,001 and $15,000.



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