Fauci took advantage of the pandemic: the senator he called a “moron” leaks his unredacted financial information
A Republican senator who grilled Dr Anthony Fauci over his financial disclosures – leading a frustrated Fauci to call him a ‘moron’ in his breath – has released the public health expert’s federal filings.
Records show Fauci — the highest-paid federal employee, who earns more than President Joe Biden — and his wife, the National Institutes of Health’s top bioethicist, have a combined wealth of $10.4 million.
Fauci, 80, has led the National Institute of Allergy and Infectious Diseases since 1984 and, if he continues until Biden’s term ends in 2024, he will have earned about $2.5 million as an adviser President’s Chief Medical Officer. He earns $434,312 a year heading NIAID, where Biden’s salary is $400,000.
by Fauci recordings show he and his wife were paid $13,298 to attend four galas and ceremonies — three of which were virtual.
He was paid $5,000 to attend a virtual “RFK Ripple of Hope” awards ceremony in December 2020; $1,600 to attend the “An Evening of Hope” virtual event in April 2020; and $1,500 to attend a virtual “Prepared for Life” gala in October 2020.
He was also reimbursed $5,198 for costs associated with being named Federal Employee of the Year and receiving the Service to America Medal, in October 2020.
The four events were listed under “gifts and travel reimbursements.”
They also have an interest in an Italian restaurant in San Francisco, Jackson Fillmore Trattoria. The restaurant did not bring them any money, however, the revelations show.
Fauci’s wife, Christine Grady, 69, also still works full-time at the National Institutes of Health with an annual salary of $176,000.
Roger Marshall, who represents Kansas, clashed with the 80-year-old on Tuesday. Marshall wanted to see Fauci’s financial information; Fauci told him the documents were public.
Dr. Anthony Fauci (left) is seen in a spirited Congressional hearing on Tuesday holding up a screenshot of Rand Paul’s website where he is fundraising by asking his followers to pay to donate to his “Fire Dr Fauci” campaign. He also had a debate with Roger Marshall (right)
The veteran public health expert had $5.3 million in his trust account
Fauci had $2.4 million in a brokerage trust account
His third of three accounts, an IRA, contained $639,000
Fauci’s wife Christine Grady had $120,000 in her IRA
Grady also had $1.96 million in his trust account.
Fauci received $13,000 to attend three virtual galas and one in-person event in 2020
“Yes or no, would you be prepared to submit to Congress and the public a financial statement including your past and current investments?” Marshal asked. “Our office can’t find them.”
Fauci replied: “I don’t understand why you are asking me this question.
“My financial disclosure is public knowledge and has been for approximately 37 years.”
The Center for Public Integrity said Fauci’s financial statements were indeed publicly available, but noted that obtaining them was a lengthy process: They requested the document in May 2020 and did not receive it until three months later.
Publicly available salary information for Fauci shows he earned $3.6 million from 2010 to 2019.
He will earn about $2.5 million more for the years 2020 through 2024 if he remains during Biden’s current term.
Financial records from December 2020 show the New York-born medical expert has a contributory IRA with $638,519.70 and a brokerage trust account with $2,403,522.28.
All of his accounts are with Charles Schwab: the most valuable of the three disclosed being a Schwab One Trust containing $5,295,898.92.
His three accounts total $8,337,940.90.
She has two accounts – an IRA, containing $120,277.82, and a Schwab One Trust with $1,962,819.27 – totaling $2,083,097.09.
Between them, the pair is worth $10.4 million.
By comparison, Pfizer CEO Albert Bourla was paid $21 million last year.
Fauci is paid $434,312 as head of NIAID.
By comparison, the president’s salary has been $400,000 a year since 2001.
Fauci, a public servant for nearly 40 years, is also eligible for Social Security and a full federal pension.
Fauci and Grady met in 1983 “over a patient’s bed,” she told In Style magazine — Grady then a clinical nurse specialist at the NIH in Washington, DC, and Fauci an attending physician at the NIH.
They married that year and have three daughters.
Fauci appeared on the cover of In Style magazine in July 2020
Fauci is pictured in October 2016 with his wife Christine Grady, head of the National Institutes of Health’s bioethics department. The couple married in 1983 and have three daughters. She earns $176,000 for her work
Marshall, angered by Fauci’s insistence that his financial records were indeed public, announced on Friday that he was introducing the FAUCI Act “to hold Anthony Fauci and other well-paid government officials accountable.”
He added, “If you’re an unelected bureaucrat earning hundreds of thousands of dollars, America needs to know if you have any conflicts of interest.”
Hours later, Marshall released the document, saying, “I got the unpublished financial information from Dr. Fauci.
‘dr. Fauci was completely dishonest about having his revelations readily available to the public, which is why I’m releasing them now,’ he tweeted.
He also gave them to Fox, saying Fauci is “more concerned with being a media star and posing for magazine covers than he is being honest with the American people and holding China accountable for the pandemic. of COVID that has claimed the lives of almost 850,000 Americans.’
Much of Fauci’s money came from his salary, according to the documents.
Fauci has been on Harrison’s editorial board since 1983
He has also earned between $100,000 and $1 million from his books, including several imprints of Harrison’s Principals of Internal Medicine – a textbook widely referenced by medical professionals.
Fauci has been on the editorial board for Harrison’s Principles of Internal Medicine since 1983, and in July 2019 he was reimbursed $6,328 for a six-day trip to La Jolla to attend an editorial board meeting, according to his revelations.
He also served on the editorial board of Harrison’s Manual of Medicine, which was launched as a companion to the main manual’s 15th edition, and edited four editions of Harrison’s Rheumatology.
Fauci has also co-edited three editions of Harrison’s Infectious Diseases.
In November, Fauci published “Expect the Unexpected: Ten Lessons on Truth, Service, and the Way Forward.”
He was not paid for the book, nor for the accompanying documentary.
“The book was developed by National Geographic Books as part of an upcoming National Geographic documentary film about Dr. Fauci,” a spokesperson said.
“He will not receive any royalties from his publication.”
Fauci declared a stake in the Jackson-Fillmore restaurant in San Francisco – but it didn’t make him any money
Fauci’s finances have long been a source of conspiracy theories online.
A Facebook post early in the pandemic claimed Fauci downplayed the potential use of chloroquine and hydroxychloroquine to treat coronavirus patients because he stood to lose $100 million on a Gates-funded vaccine if the alternatives prove effective. The message was labeled as disinformation.
Fauci himself has hit back, pointing out that his critics are now using personal attacks against him to raise money.
Rand Paul, the Kentucky senator who likes to challenge Fauci in congressional hearings, now has a button on his website where people can donate to his campaign funds, via a “Fire Fauci” contribution.
Fauci said Paul “makes money by making me the bad guy”.
He added: “I have threats on my life.
“Harassment of my family and my children, with obscene phone calls because people lie about me.”