Prof. Richard Painter Quoted in the Wall Street Journal About Gov. Tim Walz’s Net Worth

Professor Richard Painter, S. Walter Richey Professor of Corporate Law, was quoted in the Wall Street Journal about how pensions have helped Gov. Tim Walz accumulate savings despite his lower net worth due to fewer assets and investments than other candidates for national office. Prof. Painter, former head of the White House ethics office under President George W. Bush, said of Walz’s wealth accumulation, “He has a good retirement fund. It’s not luxurious, but it’s designed for someone who has been a public servant for most of his life.”