Trey Hollingsworth

With a net worth of $50.1 million, Hollingsworth was the 12th-wealthiest member of the 115th Congress.

On January 12, 2022, he announced he would not run for reelection in 2022.

Hollingsworth 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. The company specialized in rebuilding old manufacturing sites and returning them to service.

He also founded an aluminum remanufacturing company.

Joseph Albert "Trey" Hollingsworth III (born September 12, 1983) is an American businessman and politician who served as the U.S. representative for IN's 9th congressional district from 2017 to 2023.

A member of the Republican Party, Hollingsworth served on the House of Representatives Financial Services Committee.

Due to that committee assignment, 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.

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.

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.

Hollingsworth declared his candidacy for the United States House of Representatives in IN's 9th congressional district in October 2015.

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.

He defeated Democratic nominee Shelli Yoder in the November general election with 54% of the vote.

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.

Hollingsworth had served on the House Financial Services Committee since taking office in 2017 and has been active in financial services policy.

Hollingsworth defeated Democratic nominee Liz Watson in 2018, 59% to 41%.

Watson was endorsed by Elizabeth Warren.

In the 115th Congress, Hollingsworth voted for the 2018 Farm Bill to fund and update the Department of Agriculture.

Hollingsworth has advocated for Congressional term limits and has promised to serve no more than eight years (four terms) in the House.

In 2019, she moved to Washington, D.C., to lead the Congressional Progressive Caucus Center.

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 enterprises officials, including Fannie Mae and Freddie Mac, from lobbying members of Congress.

In 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.

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.

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."

In April 2020, during the COVID-19 pandemic, 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 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."