What Is Patrick McHenry’s Net Worth and Salary?
Patrick McHenry is an American politician who has a net worth of $5 million. He is currently serving as the U.S. Representative for North Carolina’s 10th congressional district. McHenry has been in office since 2005, and he has served as Speaker Pro Tempore of the House of Representatives on two occasions.
Patrick McHenry Net Worth Summary
|CATEGORY:||RICHEST POLITICIANS › REPUBLICANS|
|Full Name:||Patrick Timothy McHenry|
|Net Worth:||$5 Million|
|Annual Income:||$1.9 Million|
|Real Estate Assets:||$1.4 Million|
Who is Patrick McHenry, the interim House Speaker? Patrick McHenry Biography
Congressman Patrick McHenry, a stalwart representative, has left an indelible mark on American politics. Serving North Carolina’s 10th Congressional District for an impressive ten terms, he has been a consistent advocate for innovation and reform in the financial sector, tax relief, and support for veterans. Let’s dive into the remarkable journey of Congressman McHenry, highlighting his key accomplishments and contributions.
Champion of Financial Services
In the 118th Congress, Congressman McHenry ascended to the coveted position of Chairman of the House Financial Services Committee, where his tenure has been marked by innovative solutions to expand banking services and credit accessibility for American families and small businesses. His expertise in financial matters has been a driving force for positive change.
Leadership in Tax Reform
Prior to chairing the Financial Services Committee, Congressman McHenry served as the Republican Leader during the 116th Congress. He also played a pivotal role as Vice Chairman of the House Financial Services Committee in the 114th Congress. One of his proudest achievements was the passage of the Tax Cuts and Jobs Act. This landmark legislation overhauled the nation’s tax code and provided much-needed relief to American households and businesses.
Oversight and Investigations Expert
During the 113th Congress, Congressman McHenry chaired the House Financial Services Committee’s Oversight and Investigations Subcommittee, exercising diligent oversight over critical agencies like the Federal Reserve and the Securities and Exchange Commission. His commitment to transparency and accountability was evident throughout his tenure.
Innovator in Startup Investing
Congressman McHenry’s legislative acumen extended to supporting entrepreneurs and startup investing. He authored the “RAISE Act” (Reforming Access for Investments in Startup Enterprises), signed into law by President Obama, allowing startup employees to sell their stock options to private investors. He also championed equity-based crowdfunding, a pioneering concept now enshrined in the JOBS Act.
A Voice for Veterans:
Congressman McHenry’s dedication to veterans’ causes is unwavering. He was instrumental in bringing a veterans’ health care clinic to his district after two decades of delay, earning recognition from the American Legion and Marine Corps League. The National Guard honoured him with the Charles Dick Medal of Merit for his exceptional service.
Awards and Recognitions
As a staunch fiscal conservative, Congressman McHenry has never voted for a tax increase, earning him the title of a “Hero of the Taxpayer” by Americans for Tax Reform. His commitment to manufacturing, small business, and senior citizens has been acknowledged through various awards, including the National Association of Manufacturing’s “Manufacturing Legislative Excellence” Award and the Family Research Council’s “True Blue” Award.
In his ongoing mission to serve the 10th District, Congressman Patrick McHenry remains devoted to providing top-notch constituent services in western North Carolina. His journey from a young representative to a seasoned statesman reflects a career marked by unwavering dedication and a steadfast commitment to the people he represents. Patrick McHenry’s legacy in American politics is one of remarkable achievement, innovation, and tireless service.
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