New Jersey’s wealthy new governor says he’ll be accepting the job’s $175,000-a-year salary.
Democrat Phil Murphy is a multimillionaire former Wall Street executive who earned his fortune working at Goldman Sachs.
Murphy replaced Republican Chris Christie after he served two terms.
Christie’s predecessor, Democrat Jon Corzine, also was a rich alum of Goldman Sachs. But Corzine took only a $1 salary.
Murphy loaned about $16 million to his own campaign for the Democratic nomination. His 2016 taxes showed he earned $4.6 million, mostly from interest and dividends.
He declined Wednesday to take further questions about his salary. It was his first full day on the job.
(AP)
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One Response
A governor who works for free might think he has a lower level of obligation to the electorate. I governor who takes the salary knows that he owes something to the citizens of his/her state. I am pleased that Mr. Murphy is taking the salary.
Of course, Christie took the money and treated his job as an afterthought, so taking the money is no assurance that a particular official will do his/her job properly.