Newt Gingrich

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Newt Gingrich : biography

17 June 1943 –

Gingrich has served on several commissions, including the Hart-Rudman Commission, formally known as the U.S. Commission on National Security/21st century, which examined issues affecting the armed forces, law enforcement and intelligence agencies with regards to national security. In 2005 he became the co-chair of a task force for UN reform, which aimed to produce a plan for the U.S. to help strengthen the UN. For over two decades, Gingrich has taught at the United States Air Force’s Air University, where he is the longest-serving teacher of the Joint Flag Officer Warfighting Course. In addition, he is an honorary Distinguished Visiting Scholar and Professor at the National Defense University and teaches officers from all of the defense services. Gingrich informally advised Defense secretary Donald Rumsfeld on strategic issues, on issues including the Israeli–Palestinian conflict and encouraging the Pentagon to not "yield" foreign policy influence to the State Department and National Security Council. Gingrich is also a guiding coalition member of the Project on National Security Reform.

In September 2007, Gingrich founded the 527 group American Solutions for Winning the Future. The stated mission of the group is to become the "leading grassroots movement to recruit, educate, and empower citizen activists and elected officials to develop solutions to transform all levels of government". Gingrich spoke of the group and its objectives at the CPAC conference of 2008 and currently serves as its General Chairman. Other organizations and companies founded or chaired by Gingrich include the creative production company Gingrich Productions, and religious educational organization Renewing American Leadership.

Gingrich is a member of the Council on Foreign Relations. He is also a fellow at conservative think tanks the American Enterprise Institute and Hoover Institution, focusing on U.S. politics, world history, national security policy, and environmental policy issues. He sometimes serves as a commentator, guest or panel member on cable news shows, such as the Fox News Channel. He is listed as a contributor by Fox News Channel, and frequently appears as a guest on various segments; he has also hosted occasional specials for the Fox News Channel. Gingrich is a proponent of the Lean Six Sigma management techniques for waste reduction, and has signed the "Strong America Now" pledge committing to promoting the methods to reduce government spending.

Businesses

After leaving Congress in 1999, Gingrich started a number of for-profit companies: Between 2001 and 2010, the companies he and his wife owned in full or part had revenues of almost $100 million.

According to financial disclosure forms released in July 2011, Gingrich and his wife had a net worth of at least $6.7 million in 2010, compared to a maximum net worth of $2.4 million in 2006. Most of the increase in his net worth was because of payments to him from his for-profit companies.

Gingrich Group and the Center for Health Transformation

The Gingrich Group was organized in 1999 as a consulting company. Over time, its non-health clients were dropped, and it was renamed the Center for Health Transformation. The two companies had revenues of $55 million between 2001 and 2010. The revenues came from more than 300 health-insurance companies and other clients, with membership costing as much as $200,000 per year in exchange for access to Gingrich and other perks. In 2011, when Gingrich became a presidential candidate, he sold his interest in the business and said he would release the full list of his clients and the amounts he was paid, "to the extent we can". In April 2012, the Center for Health Transformation filed for Chapter 7 bankruptcy, planning to liquidate its assets to meet debts of $1–$10 million.

Between 2001 and 2010, Gingrich consulted for Freddie Mac, a government-sponsored secondary home mortgage company, which was concerned about new regulations under consideration by Congress. Regarding payments of $1.6 million for the consulting, Gingrich said that "Freddie Mac paid Gingrich Group, which has a number of employees and a number of offices a consulting fee, just like you would pay any other consulting firm." In January 2012, he said that he could not make public his contract with Freddie Mac, even though the company gave permission, until his business partners in the Center for Health Transformation also agreed to that.