How much is the Democrat senator worth; John Fetterman’s net worth revealed

Senator Fetterman has garnered significant attention for his progressive policies and distinctive approach to politics. For those curious about his financial standing, this article explores John Fetterman’s net worth, revealing his sources of income and the details of his financial assets.

Who is John Fetterman?

John Fetterman is an American politician currently serving as the junior United States Senator from Pennsylvania, a position he has held since January 3, 2023. He is a member of the Democratic Party and has previously served as the Lieutenant Governor of Pennsylvania from 2019 to 2023 and as the Mayor of Braddock, Pennsylvania, from 2006 to 2019.

Fetterman is known for his progressive stances on various issues, including healthcare as a right, criminal justice reform, abolishing capital punishment, raising the federal minimum wage to $15 per hour, and the legalization of cannabis. He has also been a vocal opponent of false claims of election fraud and has advocated for carbon caps to address deindustrialization.

John Fetterman’s net worth

According to Yahoo Finance, John Fetterman’s net worth is around $800,000. Nevertheless, based on his latest financial disclosure report, we were able to get higher numbers, estimating his minimum net worth at $639,073 and maximum at $2,451,999.

Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, lawmakers report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more. Additionally, most Members of Congress earn $174,000 annually, but this isn’t required to be disclosed.

Sources of income

As a United States Senator, John Fetterman earns upward of $200,000 a year. He previously served as Lieutenant Governor of Pennsylvania, where his salary was estimated to be $169,451 per year. Before that, he was the mayor of Braddock, earning a modest salary of $150 per month.

Rundown of John Fetterman’s assets

Based on his financial disclosure report for the year 2023, John Fetterman’s total assets range from $639,073 to $2,451,999, with no reported liabilities. Of these 8, his most prized ones include:

• PNC Bank deposit, valued between $250,001 and $500,000;

• Fulton Bank deposit, valued between $250,001 and $500,000;

• Another PNC Bank deposit, valued between $250,001 and $500,000.

Fetterman’s views on insider trading

Fetterman has expressed his belief that lawmakers should not be able to profit off the same companies that they are regulating. He stated:

Fetterman on insider trading

 “Lawmakers should be focused on getting results for their constituents—not lining their own pockets.”

 This stance follows through on his promise to hold Washington accountable and level the playing field.

It’s important to note that Fetterman’s involvement in this issue is not due to any personal allegations of insider trading. Rather, he is part of a growing list of high-profile congressional candidates embracing the popular proposal. His advocacy for this ban is part of his broader commitment to transparency and accountability in government.

Recommended video: Ban Congressional Stock Trading

Stroke recovery and car accident

Back in 2022, John Fetterman discussed his stroke recovery, emphasizing that it would not affect his ability to serve in the Senate if voters choose him. That said, Fetterman was recently involved in a car accident too. He was driving a black Chevy Traverse crossover when he collided with a red Chevy Impala sedan. The incident occurred in June 2024 and resulted in minor injuries, including a shoulder injury for Fetterman.

Recently, Senator Fetterman has been quite vocal about his support for Israel, which stirred some debate within the Democratic Party. Fetterman consistently expresses his stance that Israel has a right to defend itself, particularly against threats from groups like Hamas. He emphasizes that there can be no peace as long as such groups control Gaza. Interestingly, his communications director, Carrie Adams, publicly disagreed with him.

Summary

With a net worth somewhere between $639,073 and $2,451,999 (modest compared to many of his Senate peers), John Fetterman demonstrates his commitment to public service over personal financial gain. In fact, his income primarily comes from his Senate salary, and it seems that he maintains transparency in his financial dealings, with no involvement in insider trading or unethical financial practices.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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