Mike Johnson serves up awkward reminder of his shady finances

House Speaker Mike Johnson (R-LA) served up a reminder that he hasn't reported a bank account on financial disclosure forms.

The Louisiana Republican hailed Donald Trump's policy suggestion to exempt tipped wages from taxation, saying it would likely be part of the former president's 100-day agenda if re-elected, and he added that anyone who had waited tables or served up drinks from behind a bar could appreciate the additional income servers and bartenders would enjoy.

"I'm sure you're all former bartenders and waiters, and you know what that would mean to us," Johnson told reporters Wednesday. "I was one of those Boy Scouts who, you know, actually reported what I made, so I didn't make much doing that, but it would be a great boost to people who are trying to make a living that way, and I think they receive it that way and it's a great idea, and one we're talking about and we'll pass as soon as we can."

When Johnson took over the speaker gavel in October he fell under closer scrutiny than he had as a GOP back-bencher, and reporters noticed that he disclosed no assets, retirement plan, mutual funds or bank account, although his office later clarified that he does have a personal bank account that's exempt from House reporting rules because it doesn't earn interest.

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The speaker did report a mortgage of between $250,000 and $500,000, a personal loan and a home equity line of credit each between $15,001 and $50,000, according to his 2022 financial disclosure form, and he reported a retirement account with less than $15,000 in 2016 that may have been rolled over into the Thrift Savings Plan valued at less than $50,000 that he reported from 2017 to 2020.

"Where is Moses Mike hiding his money?" said X user Art Candee in response to Johnson's comments.

"How [does] he cash the paychecks we give him??" added X user Dan Guachione.

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