by Rep. Darrell Issabe lamented the Trump administration’s DEI ban in February.
“I’m sorry, but in this town they’re no longer talking about DEI,” the East County Republican stated at the Waldorf Astoria hotel in Washington, D.C. DEI has passed. It is prohibited.
“It will never be seen again,” he said at the annual congressional dinner hosted by the Washington Press Club Foundation.
One issue. Darrell Edward Issa is my name. I established a business called DEI.As his comedic riff came to a close, he made up the email address [email protected] and asked reporters, “Am I going to get the justice I deserve?”
However, Issa appears to be giggling uncontrollably at his most recent financial revelation.
Almost three dozen bank, real estate, and investment assets for the 2024 calendar year were listed in documentation that Issa filed on August 7th, following a 90-day delay. The values of the sixteen ranged from $5 million to $25 million. (If his real holdings were the maximum, he would have more than $400 million.)
As per the hedge fund Quiver Quantitative’s living portfolio tracker, Issa’s current estimated net worth is $283 million. (It’s his biggest amount as a member of the House since 2017, although it’s still less than his 2014 net worth of almost $450 million.)
After Republican Representative Jefferson Shreve of Indiana ($598 million) and Republican Senator Rick Scott of Florida ($554 million), that ranks third among federal politicians. Democratic Representative Nancy Pelosi ($263 million) is right behind Issa at No. 4.
In the 48th Congressional District, Issa has $2.23 million in funds on hand as of June 30 for his 2026 reelection campaign.
But Issa could use every cent given his 12-point GOB registration advantage, four or five Democratic opponents, and the equally significant threat from Sacramento to rewrite his district plan.
My inquiries concerning his plans for 2026 and the possible remap were not answered by his administration. (Some have speculated that since members of Congress are merely required to reside in their state, he might move to a different district.)
As of this month, he had a credit-line margin account worth over $50 million, which was his only significant liability. “A credit line of up to $80 million is available with UBS, but as of 12/31/24, $0 was borrowed,” he noted in a response.
(Issa’s 2021 divorce from his second wife, the specifics of which are sealed, was not taken into consideration. In 1982, Issa founded Directed Electronics Inc., a lucrative auto alarm business, with Katherine Kathy Stanton’s assistance. The Issas sold their majority stake in DEI to a Miami-based private equity group at the end of 2000. However, he continues to play a member position in the organization.)
Issa was considered the wealthiest member of Congress for many years, and as recently as 2023, her estimated net worth was $460 million. The California Republican made about $25 million from investments in 2014, and his net worth, which includes real estate holdings in California and Ohio, ranges from $299 million to $768 million, according to a 2015 Politico article by Jake Sherman.
According to the Ethics in Government Act, members of the House and U.S. Senate must submit a disclosure statement once a year. As permitted, Issa’s 16-page disclosure was submitted beyond the deadline. In 2024, he did not disclose receiving any gifts, travel reimbursements, or payments.
Online records show that Issa has a 3,577-square-foot condo for $3.1 million that is located in the upscale Kalorama neighborhood of Washington. (It was subject to $26,575 in taxes last year.)
It’s unclear if he will remain there after January 2027.
Sacramento TV station KCRA covered a potential remap last week, stating that Republican representatives now hold certain districts. In a change that would likely result in a left-leaning candidate winning each race, right-leaning voters would be shaved and Democratic voters would be boosted, according to Ken Calvert, Darrell Issa, Kevin Kiley, David Valadao, and Doug LaMalfa.
Because they are related to the founder of Qualcomm, @sarajacobs.house.gov, who is ranked at number 14, has a net worth of $75 million.
(The article also stated that the party’s advantage would be strengthened to solidify their hold on the seats in districts represented by Democratic Representatives Dave Min, Mike Levin, and Derek Tran.)
If Texas abandons its own attempts to add five GOP seats in the Lone Star State, Governor Gavin Newsom says he will not proceed with a redistricting ballot measure in November.
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According to KPBS, Issa’s office stated a week ago that he didn’t think the 2010 Citizens Redistricting Commission’s establishment by California voters should be overturned.
Issa wrote: California citizens do not want a partisan political gerrymander.
And the other Democrats in the San Diego County delegation?
-
Rep. Sara Jacobs, the 35-year-old granddaughter of Qualcomm founder Irwin Jacobs of the 51st district, was
14th in net worth
at $75 million. (Her 2024 financial disclosure, also delayed, is due Aug. 13.)
-
Rep. Scott Peters of the 50th district
was 23rd
with $54.5 million. (His
2024 report.
)
-
Rep. Juan Vargas of the 52nd district
was 97th
with $9.7 million. (His
2024 report
.)
-
And Rep, Mike Levin of the 49th district
was 230th
with $1.91 million. (His
2024 report
.)
California Democratic Senators Adam Schiff and Alex Padilla came in at number 231 and 395, respectively, with estimated net worths of $1.89 million and $288,000. Schiff was exempt from filing a 2024 report. The deadline for Padilla’s yearly report was August 13. Here is his 2023 report.)
The worth of the person’s principal residence and any existing debts are not included in this assessment, according to a footnote from QuiverQuant.
