As reporter
Roger Sollenberger notes, it‘s unlikely that Johnson literally does not have any sort of bank account, and that he’s, like, stuffing his money in a mattress. Rather, the most probable explanation is that the Speaker lives paycheck to paycheck, and the money he does have in various accounts doesn’t meet the reporting threshold
set by the House Ethics Committee; members must disclose any accounts, at any financial institution, that has at least $1,000 in them and a combined value of more than $5,000. (Accounts belonging to members’ spouses and dependent children count toward that minimum.) And while it’s a fact that
most Americans live paycheck to paycheck, and that about a third
would not have the money on hand to cover an unexpected $400 expense, when it comes to Johnson, the numbers don’t really add up.