Walz doesn’t own any stocks or real estate, disclosures reveal

( The Hill ) – Minnesota Gov. Tim Walz does not own any stocks, securities or real estate, per the newly minted Democratic vice presidential candidate’s most recent financial disclosures.

Axios first reported the disclosures Wednesday following the announcement Tuesday that Walz would join Vice President Harris on the Democratic ticket to oppose former President Trump and his running mate, Sen. JD Vance (R-Ohio).

The findings come from the disclosures that Walz filed earlier this year as governor and in 2018 during his last year serving in the House . Walz represented Minnesota’s 1st Congressional District from 2007 to 2019 before being elected to his first term as governor.

The disclosure he filed as governor shows that he did not report any businesses owned, securities or real estate. It also does not mention any speaking fees or book deals.

Walz and his wife, Gwen, do not own their home, having reportedly sold their house in Mankato, Minn., in 2019, the first year of his time as governor, and moved into the governor’s mansion as their only residence.

Walz’s only investment comes from pensions, including from his past time as a teacher. He taught social studies for years before first running for Congress in 2006.

Most elected officials tend to have considerably more financial investments.

Harris and Walz appeared at their first campaign rally together in Philadelphia on Tuesday evening, kicking off what will be a roughly 90-day campaign after President Biden announced he would end his reelection bid last month.

The Democratic National Committee announced following the rally on Tuesday that Harris and Walz had officially been certified as the party’s nominees for president and vice president, respectively. They are set to accept their nominations at the Democratic convention in Chicago later this month.

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