Carolyn Maloney – Wiki, Bio, Age, Husband, Net Worth & Religion

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Carolyn Maloney – Wiki, Bio, Age, Husband, Net Worth, & Religion

Carolyn Maloney
Carolyn Maloney

Carolyn Maloney is an American politician who is popular for being the first woman to represent New York City’s 7th Council district.

She served as the US Representative for New York’s 12th Congressional district since 2013 and the United States Representative for New York’s 14th congressional district from 1993 to 2013. Maloney belongs to the Democratic Party.

Carolyn Maloney Career

Maloney moved to New York City in the early 1970s after graduating from ‘Greensboro College‘ in North Carolina and worked as a teacher there for many years. She was also a member of the ‘New York City Board of Education.’

Carolyn Maloney Career

She held key positions in the ‘State Senate’ and the ‘State Assembly.’ As a result, she gradually made inroads into local politics.

She was elected to the ‘US Congress’ in 1993 as the representative of New York’s 14th Congressional District.

She won all subsequent elections, and in 2013, she ran for the 12th Congressional District and won.

She is one of New York’s most famous political leaders and has worked extensively for women’s rights, the US economy, and healthcare.

In the aftermath of the 9/11 attacks, she introduced a bipartisan security reform bill in 2004. Maloney has worked with the families affected by the attacks to help them get back on their feet. She is also the current chairman of the House Oversight and Government Reform Committee.

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Carolyn Maloney Childhood and Adolescence

Carolyn Maloney with her daughter Christina

Carolyn Maloney was born Carolyn Jane Bosher on February 19, 1946, in Greensboro, North Carolina, to Ralph George Bosher and Christine Elizabeth.

She completed her primary education in her town, and after graduating from high school, she enrolled in ‘Greensboro College,’ located in Greensboro, North Carolina.

She moved to New York City after graduating in 1970 for better career opportunities and started working as a government teacher for the ‘New York City Board of Education.’ She also served on the board as an administrator.

She understood that actual reforms in any department must start at the top. As a result, she started joined the ‘New York State Legislature’ in 1977.

She later held numerous senior positions in the ‘State Assembly’ and the ‘State Senate.’

She later became a member of the ‘Joint Economic Committee,’ a panel formed to address the most pressing issues confronting the country’s economy at the time.

She was the committee’s first female chairperson. Around the same time, she gave birth to a child, making her the first representative of New York City’s ‘7th Council’ to give birth while in office.

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Carolyn Maloney Career in Politics

Maloney’s political journey started in 1982. That year, she ran for the ‘New York City Council’ from the 8th district and beat the incumbent, veteran politician Robert Rodriguez.

Maloney at New York City Council

During her ten years on the council, she instituted numerous new reforms, which increased her popularity. Maloney introduced legislation that made daycare affordable for all. She also was directly involved in developing the ‘Vendex Program,’ a significant step toward modernizing the city by utilizing cutting-edge IT developments.

In 1993, she ran for a seat in the US Congress as a representative from New York’s 14th Congressional District. Over time, she became the most popular New York US House of Representatives representative.

Later, she ran for and won re-election as the United States Representative for the 12th Congressional District in 2013.

She raised more than $10 billion to fund two massive construction projects benefiting New Yorkers: the East Side Access Project and the Second Avenue Subway.

East Side Access Project

Both projects cross her congressional district and have helped to secure thousands of jobs for New Yorkers. Besides that, she also allowed many other multi-million dollar projects.

Carolyn Maloney was also a vocal supporter of the ‘9/11 Commission.’ The commission was formed to ensure that those directly affected by the terrorist attacks could live peacefully.

She worked closely with the affected family members on the Family Steering Committee, which was formed in 2004. She was also directly involved in the passage of the bill known as the “9/11 Commission Caucus.”

She has been working to strengthen New York’s financial institutions since being elected to ‘Congress.’ She has worked to modernize the city’s financial services and laws and regulations and become an outspoken supporter of consumer rights.

The “Credit Cardholders’ Bill of Rights Act” was written by Carolyn Maloney, which made credit card companies and consumers’ transactions more transparent.

She signed the ‘National Security Foreign Investment Reform Act,’ which increased national security by reviewing all foreign direct investments. She also co-wrote the ‘Credit Union Regulatory Improvements Act,’ which gave credit unions a sense of safety and security.

During the 111th Congress session in 2009, she presided over the “Joint Economic Committee” and became the first woman to hold the position.

The United States economy was in shambles when she took over as chairperson due to the 2008 Great Recession. Many senators claimed that the financial consequences of the recession were worse than the Great Depression of the early twentieth century. As a result, Carolyn faced a difficult task.

Her top priority was to increase job creation and reduce unemployment. Within a month, the committee held over 50 meetings to discuss the issue. Many techniques and methods of job creation were mentioned in the reports, as well as ways to boost the economy’s emerging sectors.

Speaking at Joint Economic Committee

Carolyn Maloney was well aware that the working class had been the hardest hit. As a result, she instituted a slew of policies and planned to ensure they were among the first to recover.

In addition, she assessed the extent to which the recession had affected the country’s women. She also discussed how to use women’s power to ensure that they contribute equally to the growing economic scenario, particularly in the state of New York.

She was also a vocal supporter of the ‘Debbie Smith Act,’ which she advocated during numerous congressional sessions.

Carolyn has also spoken about many other incidents that include –

  • The increasing number of rapes in the military.
  • Growing wage disparity between men and women in various industries.
  • Women’s and family rights.

She also introduced legislation to allow for the construction of a high school on New York’s East Side.

Her service to war veterans in the United States earned her the ‘Military Order of the Purple Heart.’ She has also received numerous awards, including the ‘Ellis Island Medal of Honor,’ the ‘Distinguished Public Service Award,’ and the ‘Manhattan Chamber of Commerce Outstanding Service Award.’

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Carolyn Maloney’s Net Worth

Carolyn Maloney is one of the most wealthy and well-liked politicians. According to various sources, Carolyn Maloney’s net worth is around $25 million.

As a House of Representatives Default Member in 2022, she earns approximately $174,000 annually.

Carolyn Maloney Private Life

Maloney's Husband and Daughters

Carolyn Maloney married Clifton Maloney in 1976. Clifton was an investment banker and one of New York City’s wealthiest millionaires, and the couple has two daughters. Sadly, Clifton passed away in 2009.

About the author

Alex Jones

Alex Jones is a tech-savvy editor at World-Wire, renowned for his expertise in writing detailed technical articles and user-friendly how-to guides. With a background in Information Technology, he excels in demystifying complex tech topics. His work is highly valued for its accuracy and practicality, earning him awards like "Innovator in Tech Journalism" in 2023. Alex's role at World-Wire is pivotal in making technology accessible to a broad audience.

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