Secretary of State Marco Rubio has accumulated relatively little wealth over the course of his political career — a decade after his financial struggles led the national news cycle and became a potent attack for his opponents in the 2016 presidential race.
Now, as secretary of state under President Donald Trump — who once called Rubio a “disaster with his credit cards” — Rubio’s finances are light years apart from the billionaires who work alongside him in Trump’s cabinet, like Education Secretary Linda McMahon and Commerce Secretary Howard Lutnick, whose sprawling business ventures raise a whole set of conflict-of-interest concerns.
Rubio’s bank accounts still hold less than $30,000 in cash. At 53, his two retirement funds hold less than $65,000 combined. And he took out a personal loan last year for between $15,000 and $50,000 at an almost 16% interest rate, according to his most recent financial disclosure report from January.