Trey Hollingsworth
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Joseph Albert "Trey" Hollingsworth III (; born September 12, 1983) is an American businessman and politician who is the
U.S. representative The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they c ...
for , serving since 2017. He is a member of the Republican Party. Hollingsworth serves on the House of Representatives Financial Services Committee. Due to that committee assignment, Hollingsworth is the Vice Ranking Member of the House Financial Services Committee Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets and a member of the House Financial Services Subcommittee on Diversity and Inclusion. With a net worth of $50.1 million, Hollingsworth is the 12th wealthiest member of Congress. On January 12, 2022, Hollingsworth announced he would not run for reelection in
2022 File:2022 collage V1.png, Clockwise, from top left: Road junction at Yamato-Saidaiji Station several hours after the assassination of Shinzo Abe; Anti-government protest in Sri Lanka in front of the Presidential Secretariat; The global monkeypo ...
.


Early life and education

Hollingsworth was born in
Clinton, Tennessee Clinton is a city in and the county seat of Anderson County, Tennessee, United States. Clinton is included in the Knoxville metropolitan area. Its population was 10,056 at the 2020 census. History Prehistoric Native American habitation was n ...
. He attended the Webb School in
Knoxville, Tennessee Knoxville is a city in and the county seat of Knox County in the U.S. state of Tennessee. As of the 2020 United States census, Knoxville's population was 190,740, making it the largest city in the East Tennessee Grand Division and the state' ...
, and the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
, graduating from the
Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
. After graduating from Wharton, Hollingsworth founded Hollingsworth Capital Partners with his father, Joe Hollingsworth Jr. The company specialized in rebuilding old manufacturing sites and returning them to service. He also founded an aluminum remanufacturing company.


U.S. House of Representatives


Elections


2016 campaign

Hollingsworth declared his candidacy for the
United States House of Representatives The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they ...
in in October 2015. Running in the Republican Party primary election against Indiana Attorney General
Greg Zoeller Gregory Francis Zoeller (born March 28, 1955) is an American lawyer who served as the 42nd Indiana Attorney General, attorney general of the U.S. state of Indiana from 2009 to 2017. A Republican Party (United States), Republican, he was elected in ...
and State Senators Erin Houchin and Brent Waltz, Hollingsworth won with 34% of the vote. He defeated Democratic nominee
Shelli Yoder Shelli Renee Yoder (born August 30, 1968) is an American politician serving in the Indiana Senate for Monroe County, Indiana from Senate District 40. A former Miss Indiana and a Miss America 1993 contestant, Yoder has held positions at a number ...
in the November general election with 54% of the vote.


2018 campaign

Hollingsworth defeated Democratic nominee Liz Watson in 2018, 59% to 41%. Watson was endorsed by
Elizabeth Warren Elizabeth Ann Warren ( née Herring; born June 22, 1949) is an American politician and former law professor who is the senior United States senator from Massachusetts, serving since 2013. A member of the Democratic Party and regarded as a ...
. In 2019, she moved to
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
, to lead the Congressional Progressive Caucus Center.


2020 campaign

Hollingsworth won his third term representing Indiana's 9th Congressional District in 2020 against challengers Andy Ruff, a Democrat, and Libertarian Tonya Millis, with over 61% of the vote. "I’m honored to serve a third term in the U.S. House of Representatives, working alongside Hoosiers every day to fight for certainty and prosperity during these uncertain times", Hollingsworth wrote in a news release. "Since you first elected me, we have worked together to make sure our voices are heard in Washington, to support policies that put American families first, and to expand opportunities for Hoosiers to succeed. Now is not the time to back down from the fight for our values, and I look forward to working together for another two years."


Tenure

Hollingsworth was sworn into his first term on January 3, 2017, his second term on January 3, 2019, and his third term on January 3, 2021. He has promised to serve no more than eight years (four terms) in the House. Government reform, including creating Congressional term limits, has been a priority of Hollingsworth's. In the 115th, 116th, and 117th Congresses, his first bill introduced was a resolution to amend the Constitution to impose term limits on Congressional lawmakers. The measure would limit Congressional terms to four in the House of Representatives and two in the Senate. Hollingsworth has also attempted to implement a lobbying ban for members of Congress. In the 115th, 116th, and 117th Congresses, he introduced the Banning Lobbying and Safeguarding Trust Act, which would ban members of Congress from ever registering as lobbyists. Hollingsworth has voted against all short-term spending bills and believes short-term budgeting is a failure of process and waste of taxpayer dollars. As of January 2022, Hollingsworth has voted in line with President Biden's stated position roughly 18% of the time.


Committee assignment

*
Committee on Financial Services The United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency, is the committee of the United States House of Representatives that oversees t ...
** Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets ** Subcommittee on Housing, Community Development, and Insurance Hollingsworth has served on the House Financial Services Committee since taking office in 2017 and has been active in financial services policy.


Capital markets


= 116th United States Congress

= In 2019, Hollingsworth introduced the Senior Security Act, which aims to protect senior citizen investors from financial fraud and abuse. Also in 2019, he introduced a bipartisan bill, the Fannie Mae and Freddie Mac Lobbying Regulation Act, to ban
government-sponsored enterprise A government-sponsored enterprise (GSE) is a type of financial services corporation created by the United States Congress. Their intended function is to enhance the flow of credit to targeted sectors of the economy, to make those segments of th ...
s officials, including
Fannie Mae The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the N ...
and
Freddie Mac The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia.Josh Gottheimer Joshua S. Gottheimer ( ; born March 8, 1975) is an American attorney, writer, and public policy adviser who has served as the U.S. representative for since 2017. The district stretches along the northern border of the state from New York City's ...
led a bipartisa
letter
to the
United States Department of the Treasury The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and ...
asking for more information about
Tether A tether is a cord, fixture, or flexible attachment that characteristically anchors something movable to something fixed; it also maybe used to connect two movable objects, such as an item being towed by its tow. Applications for tethers includ ...
's exposure to foreign assets.


Political positions


Agriculture

Hollingsworth introduced the Livestock Protection Act to protect farmer's livestock from predatory black vultures after local farmers brought the issue to his attention during a town hall. In the 115th Congress, Hollingsworth voted for the
2018 Farm Bill The 2018 farm bill or Agriculture Improvement Act of 2018 is an enacted United States farm bill that reauthorized $867 billion for many expenditures approved in the prior farm bill (the Agricultural Act of 2014). The bill was passed by the Senat ...
to fund and update the Department of Agriculture.


Government reform

Hollingsworth has advocated for Congressional term limits and has promised to serve no more than eight years (four terms) in the House. In the 115th, 116th, and 117th Congresses, the first bill he introduced was a resolution to amend the Constitution to impose term limits on Congressional lawmakers. The measure would limit Congressional terms to four in the House and two in the Senate. Hollingsworth has also proposed a lobbying ban for members of Congress. He has introduced the Banning Lobbying and Safeguarding Trust Act, which would ban members of Congress from ever registering as a lobbyist.


COVID-19 pandemic

In April 2020, during the
COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identi ...
, Hollingsworth said he favored ending stay-at-home orders so as to reopen the economy. "The social scientists are telling us about the economic disaster that is going on", he said. "Our
GDP Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is ofte ...
is supposed to be down 20% alone this quarter. It is policymakers' decision to put on our big boy and big girl pants and say ore deathsis the lesser of these two evils. It is not zero evil, but it is the lesser of these two evils and we intend to move forward that direction. That is our responsibility and to abdicate that is to insult the Americans that voted us into office." A statement provided by his office later that day said, "It's hyperbolic to say that the only choices before us are the two corner solutions: no economy or widespread casualties. We can use the best of biology and economics to enable as much of the economy to operate as possible while we work to minimize disease transmission." ;Health care Hollingsworth supports the repeal and replacement of the
Affordable Care Act The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act and colloquially known as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by Pres ...
(Obamacare). He considers the act government overreach that impedes innovation by health care companies.


Immigration

On June 27, 2019, Hollingsworth voted to appropriate $4.6 billion in emergency funding to agencies for immigration-related activities.


Taxation

In December 2017, Hollingsworth voted for the
Tax Cuts and Jobs Act of 2017 The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs A ...
.


Yemen

Hollingsworth voted for three resolutions in the House of Representatives disapproving of President Trump's arms sales to Saudi Arabia and the UAE.


2020 election results

In December 2020, Hollingsworth was one of 126 Republican members of the
House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entitles. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often c ...
to sign an
amicus brief An ''amicus curiae'' (; ) is an individual or organization who is not a party to a legal case, but who is permitted to assist a court by offering information, expertise, or insight that has a bearing on the issues in the case. The decision on ...
in support of '' Texas v. Pennsylvania'', a lawsuit filed at the
United States Supreme Court The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point o ...
contesting certain voting procedures during the
2020 presidential election This national electoral calendar for 2020 lists the national/federal elections held in 2020 in all sovereign states and their dependent territories. By-elections are excluded, though national referendums are included. January *5 January: **C ...
. The Supreme Court declined to hear the case on the basis that Texas lacked
standing Standing, also referred to as orthostasis, is a position in which the body is held in an ''erect'' ("orthostatic") position and supported only by the feet. Although seemingly static, the body rocks slightly back and forth from the ankle in the s ...
under Article III of the Constitution to challenge the results of an election held by another state. House Speaker Nancy Pelosi issued a statement that called signing the amicus brief an act of "election subversion." She also reprimanded the House members, including Hollingsworth, who supported the lawsuit: "The 126 Republican Members that signed onto this lawsuit brought dishonor to the House. Instead of upholding their oath to support and defend the Constitution, they chose to subvert the Constitution and undermine public trust in our sacred democratic institutions."


January 6, 2021 commission

On May 19, 2021, Hollingsworth was one of 35 Republicans who joined all Democrats in voting to approve legislation to establish the bipartisan January 6, 2021 commission meant to investigate the storming of the U.S. Capitol.


Veterans

In the 116th and 117th Congresses, Hollingsworth introduced the Investing in Veteran Entrepreneurial Talents (VETs) Act to support service-disabled veteran-owned small businesses. He drafted the act in consultation with service-disabled veterans. Hollingsworth first introduced the act in November 2020. The original version included a certification protocol modification that was adopted in the 2021 National Defense Authorization Act, which Hollingsworth supported.


Law enforcement

Hollingsworth is a staunch supporter of law enforcement officers. He authored the Protecting Officers of the Law In Civilian Establishments (POLICE) Act to allow federal law enforcement officers to enter federal property armed. This bill stemmed from a call with Floyd County, Indiana Sheriff Frank Loop, who shared his officers' stories with Hollingsworth.


International Issues


Trade

Hollingsworth requested that the
U.S. Department of Commerce The United States Department of Commerce is an executive department of the U.S. federal government concerned with creating the conditions for economic growth and opportunity. Among its tasks are gathering economic and demographic data for busin ...
lift its Section 232 restrictions on POSCO Steel, a Korean steel company with a facility in Jeffersonville, Indiana.


Social Issues


Abortion

Hollingsworth has a staunch anti-abortion voting record. He has repeatedly voted against taxpayer-funded abortion and has repeatedly co-sponsored the Pain-Capable Unborn Child Protection Act, Born-Alive Abortion Survivors Protections Act, and other pieces of anti-abortion legislation.


Transgender rights

Hollingsworth voted to disapprove of President Trump's policy to ban transgender people from openly serving in the military, saying, "the honor of serving our country and protecting American freedoms should be open to anyone who can pass the physical, psychological, and medical exams."


Electoral history


Personal life

Hollingsworth was born in
Clinton, Tennessee Clinton is a city in and the county seat of Anderson County, Tennessee, United States. Clinton is included in the Knoxville metropolitan area. Its population was 10,056 at the 2020 census. History Prehistoric Native American habitation was n ...
. He attended the Webb School in
Knoxville, Tennessee Knoxville is a city in and the county seat of Knox County in the U.S. state of Tennessee. As of the 2020 United States census, Knoxville's population was 190,740, making it the largest city in the East Tennessee Grand Division and the state' ...
, and the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
, graduating from the
Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in P ...
in three years in 2004. He received his Master's in public policy from
Georgetown University Georgetown University is a private university, private research university in the Georgetown (Washington, D.C.), Georgetown neighborhood of Washington, D.C. Founded by Bishop John Carroll (archbishop of Baltimore), John Carroll in 1789 as Georg ...
in 2014. Shortly after graduating from Wharton, Hollingsworth founded Hollingsworth Capital Partners, specializing in renovating and rebuilding old manufacturing sites and returning them to service. It operates over 11 million square feet. In 2008, ''INC'' magazine ranked the firm the 12th fastest growing private company in the country. Hollingsworth also founded an aluminum remanufacturing company that had produced over 1.8 billion pounds of aluminum before Hollingsworth and partners sold it. Hollingsworth married Kelly Francis in 2014. They have a son, Joseph, born in 2017. They reside in Jeffersonville, Indiana, a few miles from where Kelly was born and raised and her family still resides.


References


External links


Congressman Trey Hollingsworth
official U.S. House website
Trey Hollingsworth for Congress
official campaign website * * * , - {{DEFAULTSORT:Hollingsworth, Trey 1983 births 21st-century American politicians Living people People from Clinton, Tennessee Wharton School of the University of Pennsylvania alumni Republican Party members of the United States House of Representatives from Indiana