Joseph Albert "Trey" Hollingsworth III (/ˈhɒlɪŋzˌwɜːrθ/; born September 12, 1983) is an American businessman and politician who served as the U.S. representative for Indiana's 9th congressional district from 2017 to 2023. A member of the Republican Party, Hollingsworth served on the House of Representatives Financial Services Committee. Hollingsworth was 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.
Trey Hollingsworth | |
---|---|
Member of the U.S. House of Representatives from Indiana's 9th district | |
In office January 3, 2017 – January 3, 2023 | |
Preceded by | Todd Young |
Succeeded by | Erin Houchin |
Personal details | |
Born | Joseph Albert Hollingsworth III September 12, 1983 Clinton, Tennessee, U.S. |
Political party | Republican |
Spouse |
Kelly Francis (m. 2014) |
Children | 1 |
Education | University of Pennsylvania (BS) Georgetown University (MPP) |
On January 12, 2022, he announced he would not run for reelection in 2022.[1]
Early life and education
editHollingsworth was born in Clinton, Tennessee. He attended the Webb School in Knoxville, Tennessee, and the University of Pennsylvania, graduating from the Wharton School. After graduating from Wharton, Hollingsworth founded Hollingsworth Capital Partners with his father, Joe Hollingsworth Jr.[2] The company specialized in rebuilding old manufacturing sites and returning them to service. He also founded an aluminum remanufacturing company, which was reported to have produced approximately 1.8 billion pounds of aluminum before it was sold.[3]
Hollingsworth married Kelly Francis in 2014. They live in Jeffersonville, Indiana.[4]
U.S. House of Representatives
editElections
edit2016 campaign
editHollingsworth declared his candidacy for the United States House of Representatives in Indiana's 9th congressional district in October 2015.[5][6][7] Running in the Republican Party primary election against Indiana Attorney General Greg Zoeller and State Senators Erin Houchin and Brent Waltz, Hollingsworth won with 34% of the vote.[8] He defeated Democratic nominee Shelli Yoder in the November general election[5] with 54% of the vote.[9]
2018 campaign
editHollingsworth defeated Democratic nominee Liz Watson in 2018, 59% to 41%.[10] Watson was endorsed by Elizabeth Warren.[11][12]
2020 campaign
editHollingsworth 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.[13]
"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."[14]
Tenure
editHollingsworth 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.[15]
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.[16]
As a member of the House Financial Services Committee, Hollingsworth was active in efforts to regulate the financial services industry. Among other actions, Hollingsworth led an inquiry to the Federal Reserve to remove regulations that hindered the ability of retail investors to use margin to invest in some stocks.[17] He also introduced a bill to prevent two government-sponsored enterprises, Fannie Mae and Freddie Mac, from lobbying the government while they are simultaneously owned by the government.[18] He also pushed the Federal Insurance Office to support state-level regulation of auto insurance.[19] Hollingsworth introduced the Stablecoin Transparency Act, following an investigation into Tether’s reserves, in attempt to improve consumer information about "stablecoins."[20][21]
Hollingsworth has also attempted to implement a lobbying ban for members of Congress in support of his government reform program. 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, in order to ensure politicians vote for their "constituents rather than clients".[14] Also in connection with government reform, Hollingsworth has voted against all short-term spending bills and believes short-term budgeting is a failure of process and waste of taxpayer dollars.[22][23]
Committee assignment
editHollingsworth served on the House Financial Services Committee since taking office in 2017 and was active in financial services policy.
Capital markets
edit116th United States Congress
editIn 2019, Hollingsworth introduced the Senior Security Act,[24] 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 enterprises officials, including Fannie Mae and Freddie Mac, from lobbying members of Congress.[25]
Finance, fintech, and digital assets
editIn 2022, Hollingsworth and Josh Gottheimer led a bipartisan letter to the United States Department of the Treasury asking for more information about Tether's exposure to foreign assets. In 2019, Hollingsworth and Emanuel Cleaver led a bipartisan letter to FinCEN asking its director to investigate using artificial intelligence and machine learning to more efficiently detect and deter financial crimes, such as fraud, in cooperation with banks.[26]
Political positions
editAgriculture
editHollingsworth 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.[27] In the 115th Congress, Hollingsworth voted for the 2018 Farm Bill to fund and update the Department of Agriculture.[28]
Taxes
editIn December 2017, Hollingsworth voted for the Tax Cuts and Jobs Act of 2017.[29]
Jobs and the economy
editIn 2019, Hollingsworth had a cumulative score of 84% from the U.S. Chamber of Commerce based on votes on "critical business legislation" as defined by the Chamber.[30] To address workforce challenges faced by Indiana businesses, Hollingsworth supported the Carl Perkins Career and Technical Education Act, to help young people develop the skills needed for high-wage jobs in fields like agriculture, manufacturing, public safety, business, and information technology.[31]
In the 115th, 116th, and 117th Congresses, Hollingsworth introduced the Developing Responsible Individuals for a Vibrant Economy (DRIVE-Safe) Act after. The DRIVE-Safe Act provides a safety and training program that enables 18 to 21-year-old CDL holders to drive across state lines.[32]
In 2022, Hollingsworth campaigned against CFPB rules that would impose compliance costs on small businesses and compromise individual privacy,[33] as well as CFPB rules that would reduce access to consumer lending.[34]
Housing
editTo increase access to rural housing, Hollingsworth introduced the Yes in My Backyard Act. The purpose of the Yes in My Backyard Act is to encourage local governments to take measures to reduce barriers to affordable housing. Hollingsworth met with the National Manufacturing Housing Association in Indianapolis to discuss the affordable housing crisis.[35]
Government reform
editHollingsworth has advocated for Congressional term limits and has promised to serve no more than eight years (four terms) in the House.[36] 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.[37] The measure would limit Congressional terms to four in the House and two in the Senate.[38]
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.[39]
COVID-19 pandemic
editIn April 2020, during the COVID-19 pandemic, Hollingsworth said he favored ending stay-at-home orders so as to reopen the economy.[40] "The social scientists are telling us about the economic disaster that is going on", he said. "Our GDP 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 [more deaths] is 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."[41] 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."[42]
- Health care
At a campaign event, Hollingsworth said he would not support legislation in the House of Representatives to switch America to a single-payer health insurance system. Hollingsworth stated he believes the focus of healthcare should be on delivering more options, more competition and putting the patient at the center of this instead of a "government bureaucrat."[43]
Hollingsworth supports the repeal and replacement of the Affordable Care Act (Obamacare). He considers the act government overreach that impedes innovation by health care companies.[44]
Immigration
editOn June 27, 2019, Hollingsworth voted to appropriate $4.6 billion in emergency funding to agencies for immigration-related activities.[45]
Yemen
editHollingsworth voted for three resolutions in the House of Representatives disapproving of President Trump's arms sales to Saudi Arabia and the UAE.[46]
2020 election results
editIn December 2020, Hollingsworth was one of 126 Republican members of the House of Representatives to sign an amicus brief in support of Texas v. Pennsylvania, a lawsuit filed at the United States Supreme Court contesting certain voting procedures during the 2020 presidential election.[47] The Supreme Court declined to hear the case on the basis that Texas lacked standing under Article III of the Constitution to challenge the results of an election held by another state.[48][49][50][51][52]
January 6, 2021 commission
editOn 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.[53][54]
Veterans
editIn the 116th and 117th Congresses, Hollingsworth introduced the Investing in Veteran Entrepreneurial Talents (VETs) Act to support service-disabled veteran-owned small businesses.[55] 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.[56]
Law enforcement
editHollingsworth 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.[57] This bill stemmed from a call with Floyd County, Indiana Sheriff Frank Loop, who shared his officers' stories with Hollingsworth.[58]
International issues
editTrade
editHollingsworth requested that the U.S. Department of Commerce lift its Section 232 restrictions on POSCO Steel, a Korean steel company with a facility in Jeffersonville, Indiana.[59]
Social issues
editAbortion
editHollingsworth 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 related legislation.
Transgender rights
editHollingsworth 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."[60]
Electoral history
editParty | Candidate | Votes | % | ±% | |
---|---|---|---|---|---|
Republican | Trey Hollingsworth | 174,791 | 54.1% | ||
Democratic | Shelli Yoder | 130,627 | 40.5% | ||
Libertarian | Russell Brooksbank | 17,425 | 5.4% | ||
Turnout | 322,843 |
Party | Candidate | Votes | % | ±% | |
---|---|---|---|---|---|
Republican | Trey Hollingsworth (incumbent) | 153,271 | 56.5% | ||
Democratic | Liz Watson | 118,090 | 43.5% | ||
Turnout | 271,361 |
Party | Candidate | Votes | % | ±% | |
---|---|---|---|---|---|
Republican | Trey Hollingsworth (incumbent) | 222,057 | 61.8% | ||
Democratic | Andy Ruff | 122,566 | 34.1% | ||
Libertarian | Tonya Lynn Millis | 14,415 | 4.0% | ||
Turnout | 359,038 |
Personal life
editHollingsworth 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.
Hollingsworth is a Protestant.[64]
Hollingsworth was reported to be the 12th-wealthiest member of the 115th Congress.[65]
References
edit- ^ Rep. Trey Hollingsworth won't run for re-election in Indiana's 9th district. Here's why
- ^ "Our Founder, Joe Hollingsworth Jr". April 18, 2017. Retrieved October 17, 2019.
- ^ "Trey Hollingsworth for Congress – rich carpetbagger or breath of fresh air?". Retrieved November 8, 2016.
- ^ https://www.legistorm.com/person/bio/254691/Joseph_Albert_Hollingsworth_III.html
- ^ a b "Yoder, Hollingsworth locked in tight battle". Retrieved November 8, 2016.
- ^ "Attorney General Greg Zoeller Joining Congressional Race | News". Indiana Public Media. July 15, 2015. Archived from the original on July 17, 2015. Retrieved July 9, 2016.
- ^ Evans, Tim (April 30, 2016). "East Tennessee native Trey Hollingsworth for Congress in Indiana – rich carpetbagger or breath of fresh air?". Knoxnews.com. Retrieved July 9, 2016.
- ^ "East Tennessee native wins GOP primary for Indiana congressional seat". Retrieved November 8, 2016.
- ^ "Indiana U.S. House 9th District Results: Trey Hollingsworth Wins". The New York Times. November 17, 2016. Retrieved November 17, 2016.
- ^ Schneider, Grace (November 6, 2018). "Trey Hollingsworth cruises to win over Liz Watson in Indiana's 9th District". Courier Journal. USA Today Network. Retrieved November 24, 2018.
- ^ "US Sen. Warren endorses Watson for 9th District". Hoosier Times. June 26, 2018.
- ^ Costello, Becca (January 14, 2019). "Liz Watson To Lead Congressional Progressive Caucus Center". Indiana public media.
- ^ Schneider, Grace. "U.S. Rep. Trey Hollingsworth rolls to victory amid GOP wave in Southern Indiana elections". The Courier-Journal. Retrieved January 9, 2022.
- ^ a b Legan, Mitch. "Republican Trey Hollingsworth Wins Third Term In 9th Congressional District". News - Indiana Public Media. Retrieved April 4, 2022.
- ^ "Trey Hollingsworth". Trey Hollingsworth. Retrieved April 4, 2022.
- ^ Hollingsworth, Trey (March 4, 2021). "H.J.Res.9 - 117th Congress (2021-2022): Proposing an amendment to the Constitution of the United States to limit the number of terms that a Member of Congress may serve to four in the House of Representatives and two in the Senate". www.congress.gov. Retrieved April 4, 2022.
- ^ Hollingsworth, Trey (March 19, 2021). "Letter" (PDF). Archived from the original (PDF) on May 13, 2022.
- ^ Wolinsky, Jacob (April 30, 2019). "Velazquez Announces Bipartisan Bill To Curb GSE Lobbying Efforts".
- ^ Hollingsworth, Trey (July 26, 2021). "Letter" (PDF). Archived from the original (PDF) on May 13, 2022. Retrieved October 3, 2024.
- ^ Berkovich, Ronit (September 16, 2022). "Crypto Downturn Will Bring Legal, Regulatory Clarity". Bloomberg Law.
- ^ Ligon, Cheyenne (March 31, 2022). "Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace". www.coindesk.com. Retrieved October 3, 2024.
- ^ Kassel, Matthew (January 26, 2021). "Trey Hollingsworth is for term limits — on his own terms". Jewish Insider. Retrieved April 4, 2022.
- ^ Bycoffe, Aaron; Wiederkehr, Anna (April 22, 2021). "Does Your Member Of Congress Vote With Or Against Biden?". FiveThirtyEight. Retrieved January 17, 2022.
- ^ "SIFMA: Senior Security Act Would Enhance Efforts to Protect Senior Investors". SIFMA. Retrieved May 19, 2022.
- ^ Wolinsky, Jacob (April 30, 2019). "Velazquez Announces Bipartisan Bill To Curb GSE Lobbying Efforts". www.valuewalk.com. Retrieved May 19, 2022.
- ^ "Letter From Congress To FinCen On The Collaborative Use Of AI - FiVerity". www.fiverity.com. Retrieved September 6, 2024.
- ^ Staff reports. "Hollingsworth introduces livestock protection act". The Times-Mail. Retrieved January 9, 2022.
- ^ Conaway, K. Michael (December 20, 2018). "H.R.2 - 115th Congress (2017-2018): Agriculture Improvement Act of 2018". www.congress.gov. Retrieved January 9, 2022.
- ^ Almukhtar, Sarah; Carlsen, Audrey; Lai, K. K. Rebecca; Migliozzi, Blacki; Parlapiano, Alicia; Patel, Jugal K.; Shorey, Rachel (December 19, 2017). "How Each House Member Voted on the Tax Bill". The New York Times. Retrieved September 6, 2024.
- ^ "How They Voted - The U.S. Chamber's Annual Scorecard". www.uschamber.com. Retrieved September 9, 2024.
- ^ "S.250 - Carl D. Perkins Career and Technical Education Improvement Act".
- ^ Staff, T. B. B. (February 27, 2019). "Reps. Cuellar and Hollingsworth Reintroduce Workforce Development Legislation". Texas Border Business. Retrieved October 2, 2024.
- ^ https://web.archive.org/web/20220513044828/https://hollingsworth.house.gov/news/documentsingle.aspx?DocumentID=1215
- ^ https://web.archive.org/web/20220513044831/https://hollingsworth.house.gov/UploadedFiles/Letter_-_Luetkemeyer_Small_Dollar_5.2019_-_FINAL.pdf
- ^ https://nlihc.org/resource/house-passes-yes-my-backyard-act
- ^ Elizabeth Beilman, News and Tribune (January 10, 2017). "U.S. Rep. Trey Hollingsworth introduces term limits bill".
- ^ Kassel, Matthew (January 26, 2021). "Trey Hollingsworth is for term limits — on his own terms". Jewish Insider. Retrieved January 9, 2022.
- ^ Hollingsworth, Trey (March 4, 2021). "H.J. Res.9 - 117th Congress (2021-2022): Proposing an amendment to the Constitution of the United States to limit the number of terms that a Member of Congress may serve to four in the House of Representatives and two in the Senate". www.congress.gov. Retrieved January 9, 2022.
- ^ Homan, Timothy R. (February 12, 2019). "GOP lawmaker introduces bill to stop revolving door". TheHill. Retrieved December 30, 2019.
- ^ Romero, Dennis (April 14, 2020). "Indiana congressman says he's willing to let more Americans die to save economy". NBC News. Retrieved April 15, 2020.
- ^ Herrick, John (April 14, 2020). "Trey Hollingsworth: We have to get Americans back to work". WIBC (FM). Retrieved April 15, 2020.
- ^ LeBlanc, Paul (April 14, 2020). "GOP congressman says letting more Americans die of coronavirus is lesser of two evils compared to economy tanking". CNN. Retrieved April 15, 2020.
- ^ Hogan, Sean. "Rep. Hollingsworth Stresses Importance Of Strong U.S. Economy". News - Indiana Public Media. Retrieved September 6, 2024.
- ^ Bomber, Max (April 29, 2016). "Q&A: Meet Trey Hollingsworth, running for the 9th Congressional District - TheStatehouseFile.com | TheStatehouseFile.com". The Statehouse File. Retrieved December 28, 2017.
- ^ "H.R.3401 Actions Overview". congress.gov. Library of Congress. July 2019. Retrieved December 24, 2019.
- ^ Larison, Daniel (July 18, 2019). "The House Rejects Arms Sales And Rebukes Trump's Bogus 'Emergency'". The American Conservative. Retrieved December 24, 2019.
- ^ Johnson, Mike (December 10, 2020). "Motion for Leave to File Brief Amicus Curiae and Brief Amicus Curiae of U.S. Representative Mike Johnson and 105 Other Members of the U.S. House of Representatives in Support of Plaintiff's Motion for Leave to File a Bill of Complaint and Motion for a Preliminary Injunction" (PDF). Supreme Court of the United States.
- ^ Liptak, Adam (December 11, 2020). "Supreme Court Rejects Texas Suit Seeking to Subvert Election". The New York Times. ISSN 0362-4331. Archived from the original on December 11, 2020. Retrieved December 12, 2020.
- ^ "Order in Pending Case" (PDF). Supreme Court of the United States. December 11, 2020. Archived (PDF) from the original on December 11, 2020. Retrieved December 11, 2020.
- ^ Diaz, Daniella. "Brief from 126 Republicans supporting Texas lawsuit in Supreme Court". CNN. Archived from the original on December 12, 2020. Retrieved December 11, 2020.
- ^ Smith, David (December 12, 2020). "Supreme court rejects Trump-backed Texas lawsuit aiming to overturn election results". The Guardian. Retrieved December 13, 2020.
- ^ "Pelosi Statement on Supreme Court Rejecting GOP Election Sabotage Lawsuit" (Press release). Speaker Nancy Pelosi. December 11, 2020. Retrieved December 13, 2020.
- ^ LeBlanc, Paul (May 19, 2021). "Here are the 35 House Republicans who voted for the January 6 commission". CNN. Retrieved May 19, 2021.
- ^ Lange, Rashika Jaipuriar and Kaitlin. "Rep. Greg Pence votes against commission into 'Hang Mike Pence' US Capitol insurrection". The Indianapolis Star. Retrieved April 4, 2022.
- ^ "Hollingsworth sponsors bipartisan Investing in VETS Act - Ripon Advance". November 16, 2021. Retrieved April 4, 2022.
- ^ "Hollingsworth Re-Introduces Legislation to Support Service-Disabled Veteran-Owned Businesses". U.S. Representative Trey Hollingsworth. November 12, 2021. Retrieved April 4, 2022.
- ^ Times-Mail. "Hollingsworth reintroduces POLICE Act during National Police Week". The Times-Mail. Retrieved April 4, 2022.
- ^ Ricker, Aprile (May 31, 2018). "Loop, Hollingsworth behind federal gun law redo". News and Tribune. Retrieved April 4, 2022.
- ^ Boyle, John (August 16, 2019). "Jeffersonville steel manufacturer now excluded from trade restrictions". News and Tribune. Retrieved February 28, 2022.
- ^ Lange, Kaitlin. "GOP Rep. Hollingsworth of Indiana joins Democrats in rebuking Trump's transgender military ban". The Indianapolis Star. Retrieved February 28, 2022.
- ^ "Indiana's 9th congressional district election, 2016". Retrieved November 9, 2016.
- ^ "Indiana's 9th congressional district election, 2018". Retrieved November 6, 2018.
- ^ "Indiana Election Results". Retrieved July 17, 2021.
- ^ "Religious affiliation of members 117th Congress" (PDF). January 4, 2021.
- ^ "Ranking the Net Worth of the 115th". Retrieved August 5, 2019.