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

How much is the Democrat senator worth; John Fetterman's net worth revealed
Bogdan Stojkov

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 a prominent figure in the Democratic Party, currently serving as a US Senator for Pennsylvania. Born in Reading, Pennsylvania, Fetterman has built a reputation as a progressive advocate with a focus on issues such as criminal justice reform, healthcare, and economic equality.

Before his tenure in the Senate, Fetterman was the Mayor of Braddock, Pennsylvania, where he garnered attention for his efforts to revitalize the struggling steel town. His towering 6’8’’ frame, tattoos, and casual appearance set him apart from the typical politician.

Ripping Democrat calls for Joe Biden to step aside

Senator Fetterman criticized calls for President Joe Biden to step aside, emphasizing that a rough debate with Donald Trump does not define a person’s entire record.

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 $867,007 and maximum at $1,830,000.

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 2022, John Fetterman’s total assets range from $867,007 to $1,830,000, 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

Car accident

Senator John Fetterman was recently involved in a car accident. 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.

Summary

With a net worth somewhere between $867,007 and $1,830,000 (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.

FAQs about John Fetterman’s net worth

How much is John Fetterman worth?

Based on his latest financial disclosure report, John Fetterman’s net worth is somewhere between $867,007 and $1,830,000.

What are John Fetterman's most valuable assets?

John Fetterman’s most valuable assets are three bank deposits, each valued between $250,001 and $500,000. Two of these bank deposits are reportedly owned by his child.

Was John Fetterman ever involved in insider trading?

There are no news reports or any official documents suggesting John Fetterma’s involvement in insider trading activities.

How long has John Fetterman been in office?

Senator John Fetterman has been in office since January 3, 2021.

How does John Fetterman's net worth compare to his peers?

In comparison to his Senate peers, John Fetterman’s net worth is rather moderate. He is a long way from the wealthiest US Senators, such as Rick Scott and Richard Blumenthal.

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