Gary Peters Net Worth, Family, Wife, Education, Children, Biography

Gary Peters Net Worth

Senator Gary Peters Net Worth – Gary Peters is us senator know all about  his Family, Net Worth, Parents, Wife, Children , Education.

Quick Facts
Name Gary Peters
Category Senator
Birthday 1958-12-01
Spouse Colleen Ochoa
Education Alma College (BA)
University of Detroit (MBA)
Wayne State University (JD)
Michigan State University (MA)
Country / Nationality United States
State / Province Michigan
Party Democratic
Net Worth $ 10 Million

Gary Charles Peters Sr. is an American lawyer and politician serving as the junior us Senator from Michigan since 2015. A member of the Democratic Party, he was the U.S. Representative for Michigans 14th district, which incorporates the eastern half Detroit, the Grosse Pointes, Hamtramck, Southfield, and Pontiac, from 2013 to 2015. He represented Michigans 9th district from 2009 to 2013.

Before his election to Congress, Peters served within the us Navy Reserve, spent 22 years as an investment adviser , and worked briefly in academia. He was elected to the Rochester Hills council in 1991 and represented the 14th district within the Michigan Senate from 1995 to 2002. He was the Democratic nominee for Michigan Attorney General in 2002, narrowly losing to Republican Mike Cox. He was then appointed Commissioner of the Michigan Lottery by Governor Jennifer Granholm, serving from 2003 to 2008, when he resigned to successfully run Congress.

In 2014, Peters was elected to the us Senate seat being vacated by retiring Democratic incumbent Carl Levin. He was unopposed within the Democratic primary and defeated Republican Terri Lynn Land within the election . He was the sole non-incumbent Democrat to win a Senate election in 2014. Peters was reelected in 2020, defeating Republican challenger John E. James during a close race.

Gary Charles Peters was born December 1, 1958, in Pontiac, Michigan, where he grew up. hes the son of Madeleine A. and Herbert Garrett Peters, a historian and statistician. His mother was a French bride and his father was American.

Peters graduated from Rochester highschool in 1976 and chose to attend Alma College, where he graduated magna worthy in 1980 with a Bachelor of Arts degree in politics and was inducted into Omicron Delta Kappa and Phi Beta Kappa. He earned a Master of Business Administration from the University of Detroit in 1984. Peters also holds a Juris Doctor from Wayne State University and a Master of Arts in philosophy from Michigan State University.

According to financial disclosure documents, Peters had assets between $1.7 million and $6.3 million at the top of 2014. In 2014, Peterss net worth ranked 37th within the Senate.

Peters received the Distinguished boy scout Award in 2019. Peters may be a member of the Sons of the American Revolution . His ancestor William Garrett served within the Virginia Militia within the Revolutionary War alongside General Washington at Valley Forge during the tough winter of 1777–1778.Peters is a fanatical motorcyclist and has made a practice of annual motorcycle tours of Michigan.

Gary Peters Net Worth

Gary Peters Net Worth is 10 Milion in 2021.

Gary Peters Family

Gary Charles Peters was born December 1, 1958, in Pontiac, Michigan, where he grew up. hes the son of Madeleine A. and Herbert Garrett Peters, a historian and statistician. His mother was a French bride and his father was American.Peters is married to Colleen Ochoa from Waterford Township, Michigan, they need three children. They reside in Bloomfield Township, Michigan.

Gary Peters Wife and Children

Peters is married to Colleen Ochoa from Waterford Township, Michigan, they need three children. They reside in Bloomfield Township, Michigan.

Gary Peters Career and Achievement

Military Career

Peters joined the us Navy Reserve in 1993 at age 34. He served quite ten years in units at Selfridge Air National Guard Base, including Naval Mobile Construction Battalion 26. During his Navy service, Peters earned the Seabee Combat Warfare Specialist designation and administered assignments as an assistant commissioned officer.

Peterss reserve duty included time within the Persian Gulf supporting Operation Southern Watch, he served overseas again during increased military activity following the 9/11 attacks. Peters attained the rank of commissioned naval officer before leaving the Reserve in 2008, his awards include the Navy and United States Marine Corps Achievement Medal and therefore the Military Outstanding Volunteer Service Medal. In 2018, he received a diploma from the school of Naval Command and Staff.

Business and Academic Career

Peters worked for 22 years as a financial advisor, serving as an assistant vice chairman at Merrill Lynch from 1980 until 1989, when he joined Paine Webber as a vice chairman.

From 2007 to 2008, Peters served because the third Griffin Endowed Chair in American Government at Central Michigan University. therein part-time position, he taught one class a semester, plus preparing additional student activities including two policy forums, and developing a journal of Michigan politics and policy, for $65,000 a year. Peters announced his candidacy to run Congress two months after being hired. Some student and school members protested Peterss hiring, saying he couldnt be objective within the classroom while running for office which the university job was subsidizing his campaign.

Peters also has taught finance at Wayne State and strategic management and business policy courses at Oakland University.

Peters was a senior policy and securities analyst for the Michigan Department of Treasury and served on arbitration panels for the ny stock market and therefore the Financial Industry regulatory agency.

Michigan Senate

Peters served on the Rochester Hills council from 1991 to 1993.

Elections

After a failed attempt in 1990, Peters was elected to the Michigan Senate to represent the Oakland County-based 14th district in November 1994. He was reelected in 1998 and served until 2002, thanks to the states term limits. Peters was succeeded within the 14th district by Gilda Jacobs.

Tenure

The 14th district is one among the foremost diverse state Senate districts – containing nearly every racial, ethnic, and non secular group in Michigan. Located in southeastern Oakland County, it includes the cities of Pontiac, Bloomfield Hills, Southfield, and Oak Park.

Peters was chosen by his Democratic colleagues to chair his partys caucus. He was also a member of the Michigan Law Revision Commission and served on the Michigan Sentencing Commission. Both the Michigan State House of Representatives and therefore the Senate passed a bill sponsored by Peters which banned any new wells under the state waters of the good Lakes except just in case of a state energy emergency. The bill passed into law without the signature of Governor John Engler.

Committee Assignments

Peters served because the president of the Senate Finance, Education, Judiciary and Economic Development Committees. He was also a member of the Natural Resources and therefore the psychological state and Human Services Committee.

2002 Statewide Elections

In his final year as a member of the Michigan Senate, Peters was a candidate for governor and later for Attorney General. because the Democratic nominee for attorney general, he lost in November 2002 to Republican Mike Cox by about 5,200 votes – but a 0.17 percent margin. Peters decided to not contest the election results despite reported irregularities. Several mistakes were reportedly found during analysis, including a precinct in Dearborn which recorded Peters with 96 votes when he actually had 396. The race was the closest statewide contest in Michigan since the 1950 gubernatorial race.

Michigan Governor Jennifer Granholm appointed Peters because the Michigan Lottery commissioner on April 9, 2003.

U.S. House of Representatives

Elections

2008

On August 7, 2007, Peters ended months of speculation by formally announcing he would run against eight-term Republican congressman Joe Knollenberg within the 9th district, including most of Oakland County. Peters resigned as state lottery commissioner to devote his full energy to the campaign.

Knollenberg was considered vulnerable thanks to an increasing Democratic trend in what was once a classic bastion of suburban conservatism. Knollenbergs opponents in 2002 and 2004 had performed significantly below the Democratic base within the district, but he was nearly defeated in 2006 by Nancy Skinner, a former radio talk-show host who spent virtually no money – the closest a Republican had come to losing the district in almost half a century. This led the Democratic Congressional Campaign Committee to focus on Knollenberg for defeat.

In the 2002 states attorney general race, Peters performed at or above the Democratic base in 72 percent of the 9th district precincts. In his 1998 state senate race, he performed at or above base in 99 percent of the precincts.

Peters won the November 4 election by 33,524 votes, taking 52 percent of the vote to Knollenbergs 43 percent. Barack Obama carried Oakland County by 15 points; roughly two-thirds of Oakland County was within the 9th. Peters was the fourth person and first Democrat to represent the district since its creation in 1933.

2010

In November 2010, Peters defeated challenges by Republican Andrew “Rocky” Raczkowski, Libertarian Adam Goodman, Independent Bob Gray, Independent Matthew Kuofie, and Green Douglas Campbell.

2012

Due to the states population decline, as reflected by the 2010 Federal Census, Michigan lost one district . As a results of the next redistricting of house seats, much of Peterss 9th district, including his range in Bloomfield Hills, was merged with the 12th district, represented by fellow Democrat Sander Levin. The new district retained Peterss district number (the 9th) but geographically was more Levins district.

In September 2011, Peters opted to run within the newly redrawn 14th district. The district had previously been the 13th district, represented by freshman Democrat Hansen Clarke. The redrawn district is predicated in Detroit, but contains an outsized chunk of Peterss old State Senate district and portions of his old district. Indeed, Peters had represented most of the Oakland County portion of the district at just one occasion or another. thanks to Detroits dwindling population, it had been not possible to stay the district exclusively within Wayne County.

In the August 2012 Democratic primary, Peters defeated Clarke, who had opted to follow most of his constituents into the reconfigured 14th albeit his home had been drawn into the reconfigured 13th (the old 14th), and Southfield Mayor Brenda Lawrence. The 14th was a heavily Democratic, 58 percent black-majority district, and Peters was overwhelmingly favored in November. needless to say , he bested Republican John Hauler within the election with 82 percent of the vote. He was the primary white congressman to represent a big portion of Detroit since 1993.

Tenure

Peters was sworn into his first term in January 2009. During his time in office, he voted for the Recovery Act, also referred to as the stimulus, the Patient Protection and Affordable Care Act, the American Clean Energy and Security Act, which might have established a national emissions trading plan, but wasnt gone by the complete Congress, the Paycheck Fairness Act, also not passed into law, the Lilly Ledbetter Fair Pay Act, and therefore the DREAM Act to supply conditional permanent residency to certain immigrants.

Peters worked with the Obama Administration to get debt forgiveness for Chrysler. House Financial Services Committee Chairman Barney Frank said Peters was the “single best person” in fighting against the forces that wanted to let Detroit go bankrupt. In Congress, Peters opposed an idea to supply disaster relief aid, the funds that would have come from the Advanced Technology Vehicles Manufacturing (ATVM) loan program.

In July 2010, the Michigan Messenger wrote that Peters was “criticizing the leadership of his own party. Peters and three other Democratic legislators … in the week formed the Spending Cuts and Deficit Reduction working party and proposed a series of bills to chop spending. Peterss bill makes cuts within the federal energy budget.” “We are growing increasingly frustrated with the shortage of action and talking about specifics and putting those on the table,” Peters said. “Weve been frustrated with both Democratic leadership and Republicans.”

Peters allied himself with the Occupy Wall Street movement, making an appearance at Occupy Detroit on November 6, 2011. chatting with reporters, he said: “Its speculation on Wall Street that were still paying the worth for here, particularly in Detroit that nearly brought the auto industry to a collapse due to what we saw on Wall Street. So we put in restrictions, or put in regulations necessary to reign that in, and immediately in Washington Im facing a Republican majority that desires to undo that.” ( Source Wikipedia and News Websites )

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