House Republican Leader Kevin McCarthy
House Republican Leader Kevin McCarthy

House Republican Leader Kevin McCarthy: How Much Money Will He Have In 2023?

House Republican Leader Kevin McCarthy: Political figure Kevin Owen McCarthy was born in the United States on January 26, 1965. He was a Republican and held the positions of House Majority Leader from 2014 to 2019 under Speakers John Boehner and Paul Ryan, as well as House Minority Leader from 2019 to 2023. McCarthy, currently serving his seventh term in the House, previously represented California’s 22nd congressional district from 2007 to 2013, 23rd congressional district from 2013 to 2023, and 20th congressional district since 2023.

He helped the Republicans secure a slim House majority in the 2022 midterm elections. Still, he could not become Speaker of the House on the first six votes of the 118th Congress because about 20 of his fellow Republicans consistently voted against him. McCarthy’s inability to win the speakership marked only the second time since the American Civil War that a speaker had not been chosen on the first ballot.

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California’s Bakersfield is where Kevin McCarthy was born in 1965. He was a firefighter and a student at California State University, Bakersfield. McCarthy formerly served as the president of the Young Republican National Federation and the California Young Republicans. From 2002 to 2006, he served as a lawmaker in the California State Assembly, serving two years as a minority leader. He won a 2006 election for Congress.

Kevin McCarthy, who served as the Republican Chief Deputy Whip from 2009 to 2011, was chosen to lead the House during his second term. He was elected majority whip when Republicans took control of the House in 2011 and served in that capacity until August 2014, when he took over for outgoing majority leader Eric Cantor, who lost his primary contest.

McCarthy was chosen as minority leader in January 2019, becoming the first Republican from California to assume the position after Republicans lost the majority in the 2018 midterm elections and Speaker Paul Ryan announced his retirement.

While serving as minority and majority leader, Kevin McCarthy was a staunch supporter of the previous president Donald Trump for the bulk of that period. McCarthy endorsed Trump’s bogus rejection of Joe Biden‘s victory after he won the 2020 presidential election and took part in efforts to have the results overturned. McCarthy later denounced the attack on the US Capitol on January 6 and defended the validity of the 2020 election.

How Much Money Will Kevin McCarthy Have In 2023?

One of the wealthiest in the United States, Kevin McCarthy is an American politician with a net worth of $95 million. Kevin McCarthy resides in a lavish property in California that is 8,800 square feet large. Kevin McCarthy paid a staggering $21 million for the home he now owns. There are 12 bathrooms and 10 bedrooms on this property. A wine cellar, tennis court, and two indoor swimming pools are also included.

When Did House Republican Leader Kevin McCarthy’s Political Career Begin?

From 1987 through 2002, Kevin McCarthy began his political career as a Congressman Bill Thomas’ staff member. In addition, from the late 1990s to 2000, he served as the congressman’s district director. McCarthy chaired the Young Republican National Federation from 1999 to 2001 while still working on the staff and the California Young Republicans in 1995. Initially elected as a trustee for the Kern Community College District in 2000, McCarthy gained a seat in the California State Assembly in 2002.

House Republican Leader Kevin McCarthy
House Republican Leader Kevin McCarthy

He assumed the role of Republican floor leader in 2003, and in 2006, he won a seat in the House of Representatives. Following Bill Thomas’ retirement, Kevin McCarthy entered the Republican primary for California’s 22nd Congressional District. With 70.7% of the vote, he won the general election. For his second term in 2008, third term in 2010, and subsequent terms in 2012, 2014, 2016, and 2018 McCarthy faced no opposition. McCarthy received 62.1% of the vote in 2020 and won reelection in 2022, giving him an eighth term in office.

When Did Kevin McCarthy Get Married?

In 1992, Kevin McCarthy wed Judy Wages, and the two became parents of two children. He was charged with having an affair with Representative Renee Ellmers in 2015. McCarthy abruptly withdrew from consideration for Speaker of the House shortly before the allegations became public. Ellmers and McCarthy, though, refuted the accusations. If you think this is interesting, please share it with your friends. For more updates and the latest news regarding celebrities, Visit Newswatchlist.com.

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Lionel Holmes is a journalism graduate with keen interest in covering Technology  news – specifically startups. He has as a keen eye for technologies and has predicted quite a few successful startups over the last couple of years. Lionel goal with this website is to report accurately on all kinds of stock news, and have a great deal of passion for Finance and active reporting. Lionel is diligent and proactive when it comes to Technology news reporting.

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