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Biden’s Bank Accounts Bigger Than Zero He Boasted Saving

The questions that Hillary Clinton has faced about her wealth have given Vice President Joe Biden - - another Democrat with an eye on 2016 -- an opening.

Clinton has made millions of dollars with her book sales and speeches.

Biden, a self-styled up-from-the-bootstraps politician, a Democrat from Delaware who has spent most of his adult life on the payroll of the U.S. Senate, appeared at a White House Summit on Working Families yesterday.

“I don’t own a single stock or bond,” Biden said. “I have no savings account.”

That’s not what his official financial disclosure states.

Related: Bill Clinton Defends Hillary’s Middle-Income Ties

The form the vice president signed May 12 shows calendar year 2013 holdings ranging from $1,001 to $15,000 in a U.S. Senate Federal Credit Union joint savings account, and the same in each of two checking accounts at Suntrust and M&T Bank. (MTB) It also shows a joint holding of less than $1,001 in a M&T Bank checking account.

A Biden spokeswoman declined to comment today.

The vice president’s wife has savings and investments. Jill Biden has been a teacher in their home state of Delaware and more recently at Northern Virginia Community College during his years as vice president.

The vice president’s report shows his spouse’s holding of $50,001 to $100,000 in a Wilmington Savings Fund Society certificate of deposit, and $50,001 to $100,000 in a State of Delaware Deferred Compensation Fidelity Freedom Fund.

It shows his spouse’s holdings in a tax-sheltered annuity, with $1,001 to $15,000 invested in each of several funds: Invesco VI Global Health Care, Dreyfus IP Technology Growth, Guggenheim Investments High Yield, Janus Aspen Enterprise, Janus Aspen Janus Portfolio, Legg Mason Western Asset Variable Global High Yield Bond, MFS VIT Utilities, Guggenheim VT Styleplus Mid-Growth. It shows the same in each of three separate small-cap, mid-cap and all-cap Guggenheim funds and a Commonwealth of Virginia Cash Match Fund.

To contact the reporters on this story: Mark Silva in Washington at msilva34@bloomberg.net; Jonathan Allen in Washington at jallen149@bloomberg.net

To contact the editors responsible for this story: Steven Komarow at skomarow1@bloomberg.net Mark Silva

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