Pat Toomey Net Worth, Family, Wife, Education, Children, Age, Biography and Political Career

Pat Toomey Net Worth

Pat Toomey is us senator from Pennsylvania since 2011 know all about him in this article as like his Family, Net Worth, Parents, Wife, Children , Education and Career Earnings

Quick Facts

Name

Pat Toomey

Category

Senator

Birthday

1961-11-17

Spouse

Kris Ann Duncan ​(m. 1997)​

Education

Harvard University (AB)

Country / Nationality

United States

State / Province

Pennsylvania

Party

Republican

Net Worth

$ 2.6 Million

Patrick Joseph Toomey Jr. is an American businessman and politician serving as the junior us Senator from Pennsylvania since 2011. A member of the Republican Party , he served three terms because the U.S. Representative for Pennsylvanias 15th district , from 1999 to 2005. Honoring a pledge he had made while running for office in 1998, he didnt seek a fourth term.

Toomey graduated from Harvard College. A former Wall Street banker, Toomey narrowly lost the Republican primary for us Senate in 2004. From 2005 to 2009, he served as president of the Club for Growth. Toomey won the Republican primary for the 2010 U.S. Senate election in Pennsylvania, and was elected to the seat after defeating the Democratic nominee, former U.S. Navy Three-star admiral and Congressman Joe Sestak, within the election. He was reelected to the Senate in 2016, defeating Democratic nominee Katie McGinty.

On October 5, 2020, Toomey announced that he wouldnt run reelection to a 3rd term in 2022 or for governor. On February 13, 2021, Toomey was one among seven Republican senators to vote to convict Donald Trump of incitement of insurrection in his second impeachment trial.

Toomey was a member of the Boy Scouts of America and attained the organizations highest rank, boy scout. His father was of Irish descent and his mother of Portuguese ancestry. His mothers grandparents were all born within the Azores.

Toomey attended La Salle Academy on scholarship participating within the pack up Washington civic education program. He graduated as valedictorian of his highschool class. He graduated from Harvard College in 1984 with an A.B. in government.

Pat Toomey Net Worth

Pat Toomey Net Worth is $ 2.6. Million in 2021.

Pat Toomey Family

Patrick Joseph Toomey, Jr., was born on November 17, 1961, in Providence, Rhode Island, the third of six children of Catholic parents, Mary Ann of East Providence and Patrick Joseph Toomey of Providence. His father was a union worker who laid cable for the Narragansett power company and his mother worked as a part-time secretary at St. Marthas Catholic Church.

Pat Toomey Wife and Children

In November 1997, Toomey married Kris Ann Duncan. The couple have three children, sons Patrick Joseph III and Duncan Olin, and a daughter named Bridget.

Pat Toomey Career and Achievement

After graduation, Toomey was hired by Chemical Bank where he was involved in currency swap transactions. In 1986, he was hired by Morgan, Grenfell & Co., where he dealt in multiple foreign currencies, interest rates, and currency-related derivatives.

In 1991, Toomey resigned from Morgan, Grenfell after it had been acquired by Deutsche Bank. He later said he resigned out of concern that Deutsche Bank would impose a less flexible and entrepreneurial work environment. an equivalent year, Toomey and two younger brothers, Steven and Michael opened Rookies Restaurant in Allentown, Pennsylvania.

In 1994, Toomey was elected to Allentowns newly established Government Study Commission. During his term, he drafted a replacement charter for the commission requiring a supermajority for any tax increase. Allentown voters approved the charter on April 23, 1996.

U.S. House of Representatives

Elections

1998

In 1998, Toomey ran for the Pennsylvanias 15th district , based within the Lehigh Valley region after Democratic incumbent U.S. Representative Paul McHale decided to retire. Toomey won the six-candidate Republican primary with 27% of the vote.

In the election , Toomey faced Roy C. Afflerbach, senator and former state representative. During the campaign, Toomey criticized the agenda of the Clinton-Gore administration, especially its plans to switch the interior Revenue Service. He said the plan didnt “address the important fundamental problems plaguing American taxpayers” and said the IRS should be abolished.

Later within the campaign, Toomey and Afflerbach debated the effectiveness of a flat tax-based system, a problem on which they sharply disagreed. Toomey promised to serve no quite three terms if elected. He defeated Afflerbach, 55%–45%.

2000

Toomey was reelected to a second term, defeating Ed OBrien, president of the Bethlehem-based United Steelworkers Local 2598, 53%–47%. He won Lehigh County with 54% and Northampton with 51%.

2002

Toomey was reelected to a 3rd term, defeating OBrien again, 57%–43%. He won Lehigh with 58% and Northampton with 54%.

2004

In accordance together with his 1998 pledge to not serve quite three terms within the House, Toomey didnt run reelection in 2004. He decided to challenge incumbent Republican U.S. Senator Arlen Specter within the primary instead.

Tenure

Toomey served because the U.S. Representative for Pennsylvanias 15th district from 1999 to 2005. within the House, he distinguished himself as a fiscal expert. He pushed to decrease government spending and to line aside money for debt reduction.

In 2001, Toomey proposed a budget that might cut taxes worth $2.2 trillion over ten years, exceeding Bushs $1.6 trillion plan.

In 2002, Toomey voted in favor of the Iraq Resolution which authorized action against Iraq.

Toomey strongly opposed Bushs plan for comprehensive immigration reform, saying “I think it is a slap within the face for the many people throughout the planet who plan to take the trouble to legally enter our country.” He was a longtime supporter of making Medicare Part D, but said he wouldnt vote for it unless it lowered costs and guaranteed competition between government and personal insurers.

Toomey was named to the House Budget Committee in January 1999.

U.S. Senate

Elections

2004

In 2004, Toomey challenged longtime incumbent Senator Arlen Specter within the Republican primary . His campaign was aided by $2 million of advertising from the Club for Growth. Toomeys election campaign theme was that Specter wasnt a conservative, especially on fiscal issues. Most of the states Republican establishment including Pennsylvanias other U.S. Senator, Rick Santorum, and President George W. Bush supported Specter. Specter won by 1.6 percentage points, about 17,000 votes out of over a million cast.

2010

On April 15, 2009, Toomey announced his intention to again challenge Specter within the 2010 Republican primary.

On April 28, 2009, Specter announced he would switch parties and run as a Democrat, after polls showed him losing to Toomey within the primary. Specters withdrawal left Toomey because the front-runner for the 2010 Republican nomination. Both primaries were persisted May 18, 2010.

Toomey defeated Peg Luksik within the Republican primary, 81%–19%, and Specter lost the Democratic primary, 54%–46% to U.S. Representative Joe Sestak of Delaware County. the overall election was spiteful and price over $50 million including spending by the candidates, political parties, and out of doors groups. Toomey won 51%–49%, carrying most of the states counties.

2016

Toomey ran for reelection to the Senate in 2016. He was endorsed by the Club for Growth. He was unopposed within the Republican primary and won the overall election with 48.9% of the vote, to Democratic nominee Kathleen McGintys 47.2% and Libertarian challenger Ed Cliffords 3.85%.

Tenure

Toomey was the primary Lehigh Valley resident to function Senator from Pennsylvania since Richard Brodhead within the mid-19th century. He was elected to the us Senate on All Souls Day , 2010 and his term began on January 3, 2011. He joined the Congressional Hispanic Conference, a caucus of which he was an ingenious member in his days within the House.

On August 11, 2011, Senate legislator Mitch McConnell named Toomey to the us Congress Joint committee on Deficit Reduction. The committees duties included composing a package of paying cuts for submission to both Houses of Congress.

On April 26, 2012, Toomey was selected to succeed Jim DeMint of South Carolina as chairman of the us Senate committee , a caucus of several Republican Senators who collaborate on legislation. DeMint had previously expressed his intention to transfer the committees chairmanship to a member of the Republican 2010 Senate class.

On October 6, 2018, Toomey was one among 50 senators (49 Republicans, 1 Democrat) to vote to verify Brett Kavanaugh to the Supreme Court. Toomey and Senator Bob Casey disagreed on how evidence of sexual abuse against the nominee should be handled. Some polls show that over half the country disapproved of this decision.

Some activists have criticized Toomey for not meeting often enough together with his constituents, including never having held an in-person government building in Philadelphia despite holding a minimum of 47 “teleconference town-hall meetings” together with his constituents. These “teleconference town-hall meetings” could have up to 10,000 people on one call, and when he does hold in-person town-hall meetings Toomey has been accused of hand-picking the audience.

In February 2019, Toomey was one among 16 senators to vote against legislation preventing a partial government shutdown and containing $1.375 billion for barriers along the U.S.-Mexico border including 55 miles of fencing.

In March 2019, Toomey was one among 12 Republican senators to cosponsor a resolution that might impose a constitutional amendment limiting the Supreme Court to nine justices. The resolution was introduced after multiple Democratic presidential candidates expressed openness to the thought of expanding the Supreme Court.

On April 17, 2020, Senate legislator Mitch McConnell appointed Toomey to the COVID-19 Congressional Oversight Commission to oversee the implementation of the CARES Act.

On October 4, 2020, Toomey was reported to be retiring at the conclusion of his term, forgoing a reelection campaign or a run governor in 2022. He confirmed the report subsequent day.

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