Summary
Minnesota Governor Tim Walz announced he won't run for another term due to a fraud scandal in the state. Prosecutors have charged or convicted over 60 people, with potential losses to taxpayers ranging from $250 million to $1 billion. Walz's net worth is reported to be between $117,000 and $330,000.
Key Facts
- Governor Tim Walz decided not to seek reelection.
- This decision comes amid a large fraud scandal in Minnesota.
- More than 60 people have been convicted of fraud in the state.
- The estimated cost of the fraud ranges from $250 million to $1 billion.
- Walz's net worth is between $117,000 and $330,000, according to financial documents.
- Walz currently earns less than $128,000 per year as governor.
- The Democratic primary for governor will take place to find Walz's replacement.
- Senator Amy Klobuchar might run, while several Republicans are already in the race.
