Rep. Katie Porter (D., Calif.) berated JP Morgan Chase Bank for its entry-level wages, but a review of staff salary disclosures shows she is paying members of her staff comparable wages.
Porter grilled JP Morgan CEO Jamie Dimon during an April 10 hearing of the House Financial Services Committee, giving a rundown of a hypothetical JP Morgan employee living in California with gross pay of $35,070 a year, netting about $2,425 per month in take-home pay.
She walked Dimon through a theoretical single mother’s budget line by line and concluded she would live with a $567 monthly shortfall on a JP Morgan bank teller salary.
“My question for you, Mr. Dimon, is how should she manage this budget shortfall while she’s working full time at your bank?” Porter asked.
A review of the House of Representatives second quarter disbursement report shows that five people on her staff earned pay that, if extrapolated into an annual salary, would be about four hundred dollars more, or possibly less than the $35,000 of the hypothetical bank employee.
“Some of the folks you’re looking at are part-time employees,” Porter’s chief of staff, Amanda Fischer, said in an email when asked by the Washington Free Beacon about the office pay scale of actual—not theoretical—employees.
Fischer did not respond to follow-up questions about which of the five employees were full or part-time, how many hours per week the part-time employees worked on average, or whether Porter’s office could pay any of the individuals more than they currently earn.
Fischer also pointed to a student loan assistance program available to Capitol Hill staffers, but that money comes with caveats.
“Interns are not eligible, nor are part-time or temporary workers, even those who are paid,” a 2015 report from Roll Call detailed. “Only full-time staffers are eligible.” more here
But, but … SQUIRREL!!!
Do as I say, not as I do, I am a politician, even more, I am a Democrat and I do not have to live by the same rules I apply to you
I’m smelling rotten tuna fish.
The high average pay for a teller is… you guessed it, 35,000 a year!
Your pandering bullshit shall not fly.
I had a friend who had a political science degree and she ran the local office for a congressman. After 2 years he gave her a raise and she told him she would be making $2 thousand less than a starting teacher. He paid for the classes she needed to get a teaching certificate.
The only person cheaper than a politician is a doctor.
How is she going to cover her income shortfall?
1. Get a part-time job like normal people.
2. Cut expenses like normal people.
3. Demand the government bail you out like whiny leftists.
If you don’t like the pay, find a better paying job. If you can’t find a better paying job at your current education level, scrimp and save and work and get a better education.
And it doesn’t hurt to live below your income. Beans and rice, rice and beans. Turn off the lights. Cut the cable and satellite. Turn down the thermostat, put on an extra sweater.