Adam Schiff Untold Stories and Net Worth

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Adam Schiff Untold Stories and Net Worth

Adam Schiff
Chair of the House Intelligence Committee
Incumbent
Assumed office
January 3, 2019
Preceded by Devin Nunes
Ranking Member of the House Intelligence Committee
In office
January 3, 2015 – January 3, 2019
Preceded by Dutch Ruppersberger
Succeeded by Devin Nunes
Member of the
U.S. House of Representatives
from California
Incumbent
Assumed office
January 3, 2001
Preceded by James E. Rogan
Constituency 27th district (2001–2003)
29th district (2003–2013)
28th district (2013–present)
Member of the California State Senate
from the 21st district
In office
December 2, 1996 – November 30, 2000
Preceded by Newton R. Russell
Succeeded by Jack Scott
Personal details
Born Adam Bennett Schiff
June 22, 1960 (age 59)
Framingham, Massachusetts, U.S.
Political party Democratic
Spouse(s) Eve Sanderson (m. 1995)
Children 2
Education Stanford University (BA)
Harvard University (JD)

 

Who is Adam Schiff?

 

Adam Schiff is an American born Democratic  representative from California’s 28th Congressional District in the U.S. House. He was elected to the office on November 7, 2000.

Prior to his career in the U.S. House, Schiff served in the California State Senate from 1996 to 2001.

In the 2018 general election, Schiff defeated Johnny Nalbandian (R) by a vote of 78.4 percent to 21.6 percent.

Schiff was considered a potential candidate for the U.S. Senate seat being vacated by Barbara Boxer in 2016. However, he announced on May 12, 2015, that he would stay out of the race.

 

Adam Schiff Untold Stories and Net Worth

Adam Schiff endorsed Hillary Clinton in the Democratic primary in the 2016 U.S. presidential election.

Based on analysis of multiple outside rankings, Schiff is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills.

Adam Schiff Early Life and Biography

Schiff was born in Framingham, Massachusetts. He earned a B.A. from Stanford University in 1982 and his J.D. from Harvard University in 1985.

Saudi Arabian-led intervention in Yemen

In 2015, Schiff supported the Saudi Arabian-led intervention in Yemen, saying: “The military action by Saudi Arabia and its partners was necessitated by the illegal action of the Houthi rebels and their Iranian backers. … But ultimately, a negotiated end to this crisis is the only way to restore order in Yemen and shrink the space for terrorism.

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North Korea

Adam Schiff called North Korea “one of the most brutal and despotic regimes in the world.” After the death of American student Otto Warmbier who had been imprisoned during a visit to North Korea, Schiff said: “The barbaric treatment of Otto Warmbier by the North Korean regime amounts to the murder of a U.S. citizen.”

In April 2018, asked whether he thought Trump deserved at least partial credit for North Korea’s involvement in talks with the US, Schiff responded: “I think it’s more than fair to say that the combination of the president’s unpredictability and indeed, his bellicosity had something to do with the North Koreans deciding to come to the negotiating table.”

Israel and anti-Semitism

Adam Schiff is a supporter of Israel. In December 2016, Schiff urged President Obama to veto UN Security Council Resolution 2334, which condemned Israeli settlement building in the occupied Palestinian territories as a violation of international law.

Adam Schiff Untold Stories and Net Worth
House Intelligence Committee Chairman Adam Schiff, D-Calif., walks through the Hall of Columns at the Capitol

In February 2019, Rep. Ilhan Omar tweeted, “It’s all about the Benjamins baby” in reference to American politicians’ support for Israel and invoked the American Israel Public Affairs Committee (AIPAC). Many Democratic leaders—including Schiff—condemned the tweet, which was interpreted as implying that money was fueling American politicians’ support of Israel. Schiff said it was “never acceptable to give voice to, or repeat, anti-Semitic smears.”

Murder of Jamal Khashoggi

After news reports that the CIA concluded that Saudi Crown Prince Mohammed bin Salman had ordered the assassination of Saudi journalist Jamal Khashoggi, Trump said there was insufficient CIA evidence to link bin Salman to the murder. Adam Schiff, the top Democrat on the House intelligence committee, was briefed by the CIA on the agency assessment, and stated afterwards that Trump was being dishonest about the CIA findings.

Adam Schiff Net Worth

Adam Schiff have an estimated net worth of $1.74 million as of 2014 and $1.6 million as of 2015, according to InsideGov.com and Open Secrets. This is 63 percent higher than the average member of Congress and 104 percent more than the average representative, making him the 146th wealthiest person in the House.

Adam Schiff net worth also puts him at 21st among all the members from California. (For some reason, the LA Times estimated his net worth as much, much lower, with a minimum net worth of $267,000 in 2014, which would make him the 309th wealthiest member of Congress.) Interestingly, his estimated net worth took a dip in 2008 before starting to grow again.

Even more interesting is that Open Secrets estimates his net worth in 2016 took a big dive, and places it at $692,011. This may be some kind of technical glitch, as you can see from the assets mentioned below, but it’s unclear.

Schiff’s greatest assets, as of 2014, include at least $100,001 in Apple, $100,001 in BlackRock California Municipal Income Trust, $100,001 in Powershares QQQ Trust Ser 1, $100,001 in Fidelity Puritan Fund IRA, and $100,001 in iShares Trust Core S&P 500 Index. He has lesser assets in other sources include UBS Bank, Altria Group, and more.

Things were similar in 2015, according to Open Secrets. Then, his greatest assets were $150-$350k in iShares Corp, $100-$250k Powershares, $100-$250k Fidelity, $100-$250k BlackRock, and $100-$250k Apple (among 33 assets.) His liabilities were still the two mortgages.

Trump Called For Rep. Adam Schiff To Be Arrested For Treason

Trump began by attacking Schiff’s character and stature (calling him “corrupt” and “liddle”), but in recent days has accused the California Democrat of treason.

He tweeted Sunday, “I want Schiff questioned at the highest level for Fraud & Treason,” and following that Monday with a tweet reading, “Adam Schiff illegally made up a FAKE & terrible statement, pretended it to be mine as the most important part of my call to the Ukrainian President … Arrest for Treason?”

Schiff, who chairs the House Intelligence Committee, one of the panels leading the impeachment inquiry into Trump, arguably made a misstep by summarizing the president’s statements at an open hearing in a dramatic fashion. Schiff’s critics — including the president — claim his summary wasn’t just unfair, but completely false.

Despite this, he is is no danger of being arrested for treason, because he did not commit it as the Constitution defines it — namely, waging war against the United States or aiding one of the country’s enemies.

Adam Schiff Career

Below is an abbreviated outline of Schiff’s academic, professional, and political career

Outside of political life, Schiff worked as an attorney.

Committee assignments

U.S. House

2019-2020

At the beginning of the 116th Congress, Schiff was assigned to the following committees

2017-2018

At the beginning of the 115th Congress, Schiff was assigned to the following committees

2015-2016

Adam Schiff served on the following committees

2013-2014

Schiff served on the following committees

2011-2012

Schiff served on the following committees

 

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Saturday Night Live comes back with Impeachment

 

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