Deborah Taylor Tate, President Bush's pick for a Republican seat on the Federal Communications Commission, reported in a recent federal financial disclosure that her husband owns technology and telecommunications stocks with a high-end range of about $150,000.
Tate gave an accounting of her personal finances on forms submitted to the U.S. Office of Government Ethics Nov. 15. A Republican who serves on the Tennessee Regulatory Authority, she was nominated Nov. 9. She is to testify before the Senate Commerce Committee Dec. 13.
On the financial forms, Tate was required to list stock holdings and provide their value within dollar ranges that vary considerably.
She said her husband, attorney William H. Tate, owned shares of Comcast Corp., Verizon Communications Inc., IBM Corp., Microsoft Corp., Motorola Inc. and Cisco Systems Inc. that were each valued at $1,000-$15,000. Tate's husband also owned shares of Lucent Technologies Inc., Hewlett-Packard Co., Intel Corp. and Nokia Corp.
According to Tate's filing, her husband held the shares in individual retirement accounts.
Tate and her husband listed assets between $1.4 million-$3.3 million. Liabilities included a bank loan of $250,000-$500,000 and a bank line of credit of $15,000-$50,000.