Marcia Fudge Net Worth

marcia fudge net worth
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As the day of the Presidential inauguration comes closer, things are getting more and more charged up in the formation of the new administration. Amidst allegations of mass voter fraud by President Donald Trump and the Republicans, President-elect Joe Biden and his team is occupied with the process of administration transition. 

Biden has long been preaching of an administration that represents the true essence of America. The President-elect pledged that the administration he will end up assembling will “look like America.” Several of his last few nominations have successfully portrayed that.

This is probably why a few days after nominating Xavier Becerra as the Secretary of Health and Human Services, President-elect Biden has now nominated Marcia Fudge, the Ohio House Representative, as his choice to head the Department of Housing and Urban Development.

What is Marcia Fudge’s Net Worth?

With investments majorly in Real Estate and public security funds, Marcia Fudge is said to have an estimated net worth somewhere in the range of $700,000 to $850,000.

Marcia Fudge started out her political career when she served as the mayor for Warrensville Heights, Ohio in 2000. This made her the first woman and African American in the town to hold the mayor’s office.

She has been serving as the U.S. Representative for Ohio’s 11th congressional district since 2008. The 68-year-old politician has also served as chair of the Congressional Black Caucus[2] in the 113th Congress. 

Marcia Fudge’s nomination as the head of HUD

Fudge becomes the second African-American Biden cabinet member chosen in two days. Though this seems like a step closer to Biden’s promise of assembling a diverse administration, the president-elect and his team have been receiving some criticisms. 

For some time now, Fudge, who is a member of the House Agriculture Committee, had been lobbying to become the first African American female Agriculture Secretary. Even House Majority Whip James Clyburn had been aggressively lobbying for Fudge’s appointment.

The 68-year-old house representative had hoped to shift the Agriculture Department’s focus away from farming and towards hunger in the urban areas. With so much support for Fudge, President-elect Biden went ahead with Tom Vilsack to head the Department of Agriculture. 

Though neither Marcia Fudge nor any of her associates were available for comment, the house representative has previously raised her concerns about how Black policymakers are more often than not relegated to just a handful of Cabinet positions, including that of the HUD secretary. She said, 

“As this country becomes more and more diverse, we’re going to have to stop looking at only certain agencies as those that people like me fit in. You know, it’s always ‘we want to put the Black person in Labor or HUD.”

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