Ethics Explorer A Guide to the Financial Interests of Elected Officials

U.S. Rep. Jeb Hensarling (R)

Industry
Business Executive, Federal Government
Education
B.A., Economics, Texas A&M University, 1979; J.D., University of Texas at Austin, 1982
Spouse
Melissa
Committees
Not yet assigned
Financial Statements

Sources of Income

  • Before serving in Congress, Hensarling worked in high-level positions at Maverick Capital, San Jacinto Ventures, Green Mountain Energy and Family Support Assurance Company. 

     

  • Hensarling served as the executive director of the Republican Senatorial Committee from 1991 to 1993 and as the state director for then-U.S. Sen. Phil Gramm from 1985 to 1989.

Property

  • Residence in Dallas valued at $1,044,660

  • Apartment in Alexandria, Va., valued at $256,219

  • Residence in Dallas valued at $973,920

Analysis

  • The Dallas Morning News reported in 2010 that before he ran for Congress, Hensarling had hitched his career to Sam and Charles Wyly, Dallas brothers and prolific GOP campaign donors. He invested in their hedge fund and worked for companies the brothers owned for roughly a decade. That year, after the U.S. Securities and Exchange Commission accused the Wylys of insider trading and using offshore accounts to hide hundreds of millions of dollars in profits, Hensarling told the paper he had "have never been involved in the Wylys' legal matters or tax strategies and only know about them through the press reports I read."