how did richard blumenthal make his money

how did richard blumenthal make his money

how did richard blumenthal make his money

[143], In 2019, following the Federal Communications Commission's announcement of rules changes to children's programming by modifying the Children's Television Act of 1990, Blumenthal and eight other Democratic senators signed a letter to FCC Chairman Ajit Pai that expressed concern that the proposed changes "would limit the reach of educational content available to children and have a particular damaging effect on youth in low-income and minority communities" and asserted that the new rules would see a reduction in access to valuable educational content through over-the-air services. The Blumenthals have a property in Connecticut, which is the only residence listed under their name. Reid Sinnett Net Worth 2021: How Rich Is the Miami Dolphins Third-String QB. The senators requested the department "ensure these commodity purchases are carried out in a manner that most benefits the American farmer's bottom linenot the business interests of foreign corporations. [145][146], In February 2017, Blumenthal and 30 other senators signed a letter to Kalo Pharmaceuticals in response to the opioid-overdose-reversing device Evzio rising in price from $690 in 2014 to $4,500 and requested the company provide the detailed price structure for Evzio, the number of devices Kalo Pharmaceuticals set aside for donation, and the totality of federal reimbursements Evzio received in the previous year. [88][89] Blumenthal subsequently called for a series of specific measures to fight prostitution and pornography on Craigslistincluding steep financial penalties for rule breaking, and incentives for reporting wrongdoing. "Blumenthal disclosed that he and his wife sold between $1,265,000 and $2,550,000 worth of shares of Robinhood in the last quarter . Mura Holdings. [201], In February 2022, on a Nightline program on criticisms of the United States Center for SafeSport titled "Sports misconduct watchdog faces crisis of confidence", Blumenthal said: "There is simply no way that SafeSport can be given a passing grade", that "these young athletes deserve better protection", and that SafeSport does not have his confidence and trust. "I urge the new Obama EPA to declare carbon dioxide a danger to human health and welfare so we can at last begin addressing the potentially disastrous threat global warming poses to health, the environment and our economy. In 1984, when he was 38, Blumenthal was elected to the Connecticut House of Representatives, representing the 145th district. Language links are at the top of the page across from the title. [127], In the wake of the 2021 storming of the United States Capitol, Blumenthal blamed Trump, saying that Trump "incited, instigated and supported" the attack. Democratic Connecticut Senate candidate Richard Blumenthal lied about serving in Vietnam. In 2008, the attorneys general commissioned the Internet Safety Technical Task Force report, which researched "ways to help squash the onslaught of sexual predators targeting younger social-networking clients".[83]. Richard Blumenthal - Ballotpedia "Office Of Attorney General Richard Blumenthal Confirms Ongoing Investigation Into I-84 Project", "Feds, Conn. AG Probing I-84 Highway Construction Defects", "Insurer to Pay $17.5 Million in Conn. I-84 Faulty Construction Claim", "Governor, Attorney General Announce Final $4.6 Million Settlement For Defective I-84 Storm Drains", "Attorney General's Investigation Reveals Flawed Lyme Disease Guideline Process, IDSA Agrees To Reassess Guidelines, Install Independent Arbiter", "Lyme disease debate provokes treatment divide, legal action", "Agreement Ends Lyme Disease Investigation By Connecticut Attorney General: Medical Validity of IDSA Guidelines Not Challenged", "Panel hears conflicting views on Lyme disease treatment", "Lyme Disease Guidelines Fine, IDSA Says", "Panel upholds controversial Lyme treatment guidelines", "Attorney General Demands MySpace Prominently Display Blocking Software, Do More To Protect Kids", "MySpace Identifies 90K Sex Offender Profiles", "MySpace kicks out 90,000 sex offenders, Connecticut AG says", "CT, NC Attorneys General Say MySpace Response To Subpoena Reveals 90,000 Registered Sex Offenders With Profiles", "Blumenthal tells Craigslist to remove ads for sex", "Connecticut AG subpoenas Craigslist over sex ads", "Attorney General Seeks Stronger Measures -- Including Financial Penalties and Incentives -- To Fight Prostitution and Pornography on Craigslist", "Federal Law Allowing Craigslist Prostitution Ads Should Change, Blumenthal Argues", "Blumenthal Pressures Craigslist on Prostitution Ads", "Conn. AG Blumenthal, anti-child trafficking groups want Craigslist to remove adult services", "Craigslist drops its adult listings around world", "Attorney General: Attorney General, Four Other States Urge U. S. Senate To Reject Immunity For Telecoms That Cooperated With Warrantless Wiretapping", "Attorney General: State Sues Countrywide For Allegedly Deceptive Loans And Loan Renegotiations, Unjustified Legal Fees", "Conn. sues Countrywide over lending practices", "Countrywide Financial Issues Checks In Subprime Mortgage Settlement", "Connecticut Attorney General Richard Blumenthal Defends Senator Chris Dodd - WSJ.com", Attorney General, 17 States, Two Cities Call On EPA To Determine If CO. Attorney General Praises Appeals Court Ruling Reinstating Global Warming Lawsuit. Blumenthal argued that the Interior Department's decision in support of this action was "fatally, legally flawed, and unfair" and that "it would unfairly remove land from the tax rolls of the surrounding towns and bar local control over how the land is used, while imposing [a] tremendous burden. After graduating law school in 1973, Senator Blumenthal clerked for then U.S. District Judge Jon Newman, and then for United States Supreme Court JusticeHarry A.Blackmun. He initially worked in private law firms where he was made a partner. Blumenthal: worst Attorney General in U.S. Connecticut Fights to Keep Stanley Works from Disappearing to Bermuda, Governor, Attorney General Urge Tighter Restrictions on Air Pollution, Attorney General Submits Comments To FERC Opposing Formation Of Regional Transmission Organization, Lawsuit Filed By Blumenthal, Nappier Brings Halt To Stanley Works' Reincorporation Plans, Attorney General Asks SEC To Investigate Stanley Works Vote, Blumenthal, New England AGs And Consumer Advocates Warn That Proposed RTO Will Raise Rates, Without Consumer Benefit, Connecticut and 11 Other States File Suit to Prevent Weakening of the Clean Air Act, Law School lauds Blumenthal with public service award, FERC's Transmission Pricing Policy: New England Cost Impacts, Statement of the Hon. [175], In response to the 2017 Las Vegas shooting, Blumenthal declared in an interview with Judy Woodruff, "we must break the grip of the NRA". His estimated net worth has risen as high as $110 million over the past several years. In 2009, MySpace revealed that over a two-year span it had roughly 90,000 members who were registered sex offenders (nearly double what MySpace officials had originally estimated one year earlier). Democratic Sen. Richard Blumenthal said Sunday evening that surgery to repair a fracture in his femur was "completely successful" and that he's planning to return to the . He was elected Attorney General of Connecticut in 1990 and served for 20 years. In CT U.S. Senate race, Blumenthal runs on decades-long record Blumenthal has invested a big share of his wealth in real estate. August Wolf, a bond salesman and former Olympian, was the only declared Republican candidate running against Blumenthal in the 2016 Senate election. [191], In July 2019, Blumenthal and 15 other Senate Democrats introduced the Protecting Sensitive Locations Act, which mandated that ICE agents get approval from a supervisor before engaging in enforcement actions at sensitive locations except in special circumstances and that agents receive annual training in addition to being required to annually report enforcement actions in those locations. Blumenthal's office subpoenaed MySpace for information about the number of registered sex offenders on its site. From 1977 to 1981, Senator Blumenthal served as a U.S. Attorney forConnecticut, prosecuting drug trafficking, organized and white-collar crime, civil rights violations, consumer fraud, and environmental pollution. United States Fidelity & Guaranty, the insurer behind the performance bond for the I-84 construction, agreed to pay $17.5 million to settle the claims. [62] Blumenthal sued for $1.75 million. He has urged the Environmental Protection Agency to declare carbon dioxide a dangerous air pollutant. Most of her assets listed under Peter L. Malkin Family 9 LLC are worth over $1.0 million. states. I own no individual stock. Senator Blumenthal Week In Review 08/05/202208/12/2022 Sen. Richard Blumenthal (D., Conn.) and his wife bought and sold shares of the stock trading app Robinhood while he called for Congress to investigate a controversial trading . His real estate investments in 2015 were estimated at $3.0 million. However, according to the latest estimates, Blumenthal has over $42.6 million in investments, with $18.0 million in real estate assets. In addition, she is married to Blum Capital president and chairman Richard Blum. In 2001, the federal appeals court agreed, but rather than break up the company, it sent the case to a new judge to hold hearings and determine appropriate remedies. [171], In January 2016, Blumenthal was one of 18 senators to sign a letter to Thad Cochran and Barbara Mikulski requesting that the Labor, Health and Education subcommittee hold a hearing on whether to allow the Centers for Disease Control and Prevention (CDC) to fund a study of gun violence and "the annual appropriations rider that some have interpreted as preventing it" with taxpayer dollars. Those values carried him through his childhood and his education at Harvard College (Editorial Chairman The Harvard Crimson, Phi Beta Kappa, Magna Cum Laude), and Yale Law School, where he was Editor-in-Chief of the Yale Law Journal. Blumenthal on stock trades report: 'Ridiculous. I own no individual stock' The Blumenthals have an investment of between $100,000 and $250,000 in U.S. Shanghai LLC, according to the senator's annual financial disclosures. [208] She is the daughter of Peter L. Malkin and maternal granddaughter of Lawrence Wien. Senator Blumenthal authored theClay Hunt Suicide Prevention for American Veterans Act, a bipartisan law to improve mental health care and suicide prevention resources. Richard Blumenthal | United States senator | Britannica In May 1998, Blumenthal and the attorneys general of 19 other states and the District of Columbia filed an anti-trust lawsuit against Microsoft, accusing it of abusing its monopoly power to stifle competition. American lawyer and politician (born 1946), Richard Blumenthal on his support for the, Statewide elected officials and legislative leaders of, Internet pornography, prostitution, and sexual predators, Antitrust, competition and corporate regulation, U.S. District Court of the District of Connecticut, Raymond E. Baldwin Award for Public Service, United States Environmental Protection Agency, Journal of the American Medical Association, 2010 United States Senate election in Connecticut, 2016 United States Senate election in Connecticut, 2022 United States Senate election in Connecticut, 2021 storming of the United States Capitol, Twenty-fifth Amendment to the United States Constitution, Subcommittee on Readiness and Management Support, Committee on Commerce, Science, and Transportation, Subcommittee on Consumer Protection, Product Safety, and Data Security, Affordable College Textbook Act (S. 1864; 115th Congress), United States Department of Housing and Urban Development, National Defense Authorization Act for 2019, United States Secretary of Health and Human Services, Department of Housing and Urban Development, United States Secretary of Homeland Security, National Telecommunications and Information Administration, 2023 NCAA Division I men's basketball tournament, Connecticut US Senator (Class III) General Election, 2010, Connecticut US Senator (Class III) General Election, 2016, Connecticut US Senator (Class III) General Election, 2022, List of Jewish members of the United States Congress, List of law clerks of the Supreme Court of the United States (Seat 2), "Our Campaigns - CT State Senate 27 - Special Election Race - Nov 03, 1987", "Our Campaigns - CT State House 145 - Special Election Race - Apr 10, 1984", "Our Campaigns - CT State House 145 Race - Nov 04, 1986", "Richard Blumenthal- Net Worth - Personal Finances", "Blumenthal at high end of Senate millionaires' club: Financial disclosure forms: Senator's estimated net worth soars from $73 million to $112 million", "The Public and Private Life of Dick Blumenthal", Jewish Virtual Library: Richard Blumenthal. [62] Superior Court judge Barry Stevens described the jury's initial award of $18.3 million as a "shocking injustice" and said it was "influenced by partiality or mistake. Before becoming attorney general, Blumenthal was a partner in the law firm of Cummings & Lockwood, and subsequently in the law firm of Silver, Golub & Sandak. [139], Blumenthal is one of Congress's most vocal critics of arbitration clauses and class action waivers. Blumenthal served one term in the Connecticut House of Representatives from 1985 to 1987; in 1986 he was elected to the Connecticut Senate and began service in 1987. Blumenthal: There's a real potential here for criminal charges - Yahoo News But Blumenthal remarked that after the settlement, the ads continued to flourish using code words. "[203] After the Justice Department publicly released the redacted version of the report the following month, Blumenthal said, "What's demonstrated in powerful and compelling detail in this report is nothing less than a national scandal. Senator Tammy Baldwin to FDA: Hold AveXis Accountable for Falsifying Data", "Wyden, Merkley urge more affordable housing funds", "Senate Dems demand immediate reunification of remaining separated children", "Warren, Gillibrand ask Defense whether border deployments hurt troop readiness", "Bob Menendez, Cory Booker and others introduce bill to protect home loans for DACA holders", "Schatz Urges Investigation of Contractors In Charge of Migrant Children", "Senate Democrats to Trump: don't deport military families", "Bill would block immigration raids at schools, courthouses", "U.S. An out-of-court $5 million settlement was eventually reached, which included a $1 million exit fee that Boston College was required to pay the Big East under the league's constitution.[64]. According to Blumenthal, the case was pursued because "the future of the Big East Conference was at riskthe stakes huge for both state taxpayers and the university's good name. Blumenthal won the November 2 election, defeating McMahon 55% to 43%. In August 2008, Blumenthal announced that Connecticut had joined California, Illinois and Florida in suing subprime mortgage lender Countrywide Financial (now owned by Bank of America) for fraudulent business practices. Blumenthal and Wife Have Six-Figure Investment in Chinese Government Richard and Cynthia have welcomed four children and currently reside in Greenwich, Connecticut, . House of Representatives: $10,550. [142], In 2019, Blumenthal and 34 other senators introduced the Child Care for Working Families Act, a bill that created 770,000 new child care jobs and ensured families under 75% of the state median income did not pay for child care with higher-earning families having to pay "their fair share for care on a sliding scale, regardless of the number of children they have." "[160], In May 2019, Blumenthal was a cosponsor of the South China Sea and East China Sea Sanctions Act, a bipartisan bill reintroduced by Marco Rubio and Ben Cardin that was intended to disrupt China's consolidation or expansion of its claims of jurisdiction over both the sea and air space in disputed zones in the South China Sea. Republican Rep. Michael McCaul of Texas made his way to being the number two wealthiest member of Congress through his wife, Linda McCaul, who is the daughter of radio and communications giant Lowry Mays. [65] The lawsuit against the ACC was initially dismissed on jurisdictional grounds but was subsequently refiled.

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