“The National Rifle Association is burning through its investment portfolio to pay its bills as legal perils increase and revenue from membership dues decline,” NOTUS reports.
“In 2024, the 154-year-old gun rights organization liquidated nearly $40 million worth of stock, fixed-income securities and other holdings. By the end of 2024, the NRA’s investment portfolio had shrunk to less than $33 million, down from more than $72 million the year before.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.