Bill Hagerty | |
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United States Senator from Tennessee | |
Assumed office January 3, 2021 Servingwith Marsha Blackburn | |
Preceded by | Lamar Alexander |
30th United States Ambassador to Japan | |
In office August 31, 2017 –July 22, 2019 | |
President | Donald Trump |
Preceded by | Caroline Kennedy |
Succeeded by | Joseph M. Young (acting) |
Tennessee Commissioner of Economic and Community Development | |
In office February 14, 2011 –June 6, 2014 | |
Governor | Bill Haslam |
Preceded by | Matt Kisber |
Succeeded by | Randy Boyd |
Personal details | |
Born | William Francis Hagerty IV August 14, 1959 Gallatin, Tennessee, U.S. |
Political party | Republican |
Spouse(s) | Chrissy Hagerty (m. 2001) |
Children | 4 |
Education | Vanderbilt University (BA, JD) |
Website | Senate Website |
William Francis Hagerty IV (born August 14, 1959) is an American politician, diplomat, and businessman serving as the junior United States Senator from Tennessee, having succeeded Lamar Alexander following his victory in the 2020 election. A member of the Republican Party, Hagerty served as the 30th United States ambassador to Japan from 2017 to 2019.
Hagerty worked as an economic advisor and White House fellow under President George H. W. Bush. He then began a career in private equity. Hagerty is the co-founder of Hagerty Peterson & Company, a private equity investment firm; he is a former managing director of the firm. From 2011 to 2014, Hagerty served as commissioner of the Tennessee Department of Economic and Community Development. He led a successful effort to bring a Major League Soccer franchise to Nashville, Tennessee. President Donald Trump nominated Hagerty to serve as U.S. Ambassador to Japan on March 27, 2017, and he was confirmed by the U.S. Senate on July 13, 2017 in an 86–12 vote. Hagerty was sworn in as the 30th United States Ambassador to Japan on July 27, 2017; he resigned the post in July 2019 to run for U.S. Senate.
Hagerty ran for the U.S. Senate seat being vacated by Lamar Alexander in the 2020 election. He won the Republican primary and defeated Democratic nominee Marquita Bradshaw in the general election.
Hagerty is a native of Gallatin, in Sumner County, Tennessee. He became an Eagle Scout, and was awarded the Distinguished Eagle Scout Award in 2017. [1] He is a 1977 graduate of Madisonville North Hopkins High School in Kentucky. [2] He earned a Bachelor of Arts in 1981 from Vanderbilt University and a Juris Doctor from Vanderbilt Law School in 1984. [3] [4]
Hagerty began his career at Boston Consulting Group, culminating in a three-year assignment to Tokyo. [3] Hagerty was an economic advisor and White House Fellow in the administration of President George H. W. Bush [5] and then began a career in private equity, initially at Trident Capital in Silicon Valley. Hagerty is the co-founder of Hagerty Peterson & Company, a private equity investment firm; he is a former managing director of the firm. [6] He served as a national finance chairman in the Mitt Romney 2008 presidential campaign. [7]
From 2011 to 2014, Hagerty served as commissioner of the Tennessee Department of Economic and Community Development in the cabinet of Governor Bill Haslam, where he played a role in investments by Bridgestone, Calsonic Kansei, and Nissan in Tennessee. [8]
Hagerty has served on the board of CyMed, NEW Customer Services, Houghton Mifflin Harcourt, Ryman Hospitality, Pinnacle Financial Partners, and R.J. O'Brien. [9]
Prior to his confirmation as U.S. Ambassador to Japan, Hagerty founded and led the Nashville MLS Steering Committee, a coalition seeking to bring a Major League Soccer franchise to Nashville, Tennessee. That effort was successful, with Nashville being officially selected and named the first of two new MLS expansion markets on December 20, 2017. Nashville SC debuted in the 2020 MLS season. [10] [11] [12] [13]
During the early stages of the 2016 presidential election, Hagerty was nominated to serve on the ballot as a delegate for Jeb Bush. Bush dropped out of the race before the Tennessee primary on March 1, 2016. [14] Following the Tennessee primary, Hagerty served as Trump Victory Chair for Tennessee. After Donald Trump became the Republican nominee, he was selected in August of 2016 as director of appointments for Trump's presidential transition team. [15] [16]
Hagerty was nominated to be the United States Ambassador to Japan by President Donald Trump on March 27, 2017. [17] He was confirmed on July 13, 2017 by the United States Senate in an 86–12 vote. [18] [19] He was sworn in as the 30th U.S. Ambassador on July 27, 2017. [20] [21]
Prior to his confirmation, Hagerty was reportedly also under consideration for the post of United States Trade Representative, based on his prior international trade and U.S. foreign investment experience. [22] [23] The job eventually went to Robert Lighthizer, an attorney and former Reagan Administration official.
On July 16, 2019, Hagerty announced that he would resign as Ambassador to Japan. [24]
On July 12, 2019, President Trump announced that Hagerty would resign as Ambassador to Japan to run in the U.S. Senate election in Tennessee in 2020. In the same tweet, Trump endorsed Hagerty's Senate bid. [25] [26] [27] Hagerty was mentioned as a potential U.S. Secretary of State during the same period. [28]
Hagerty officially launched his Senate campaign on September 9, 2019. [29] By September 30, Hagerty had raised $1.9 million for his campaign. [30] By April 6, Hagerty had raised more than $7 million for the campaign in seven months, with $1.2 million raised in the first quarter of 2020. [31] Speakers at Hagerty campaign fundraisers included Donald Trump Jr. and Kimberly Guilfoyle [32] as well as Nikki Haley. [33]
Beginning in late May of 2020, news outlets began circulating an article, originally published by Roger Sollenberger in Salon, discussing allegations of campaign finance misconduct by Hagerty. [34] The article focused largely on an loan given to the Hagerty Campaign by Pinnacle Financial Partners almost immediately following the Coronavirus Aid, Relief and Economic Security Act. [35]
On August 6, 2020, Hagerty won the Republican primary. [36] [37] He defeated Democratic nominee Marquita Bradshaw in the November general election [38] [39] by a margin of 1,840,926 votes to 1,040,691 votes. [40] Hagerty took office on January 3, 2021. [41] [42]
Hagerty is a self-described conservative. [43] His views have been characterized as populist and in line with the views of Donald Trump. [44]
Hagerty supports the death penalty for people convicted of engaging in human trafficking acts. [45] Hagerty believes that Sharia Law is a national security threat to the United States and believes that the United States should continue to support Israel. [46] [47] Hagerty supports reducing taxes and supports enacting a balanced budget amendment to the Constitution of the United States. [46] He opposes raising the federal minimum wage. [48] Hagerty is opposed to the Patient Protection and Affordable Care Act, and believes that the federal government should reduce its involvement in healthcare. [49] He supports efforts to prevent the closure of rural hospitals. [48] Hagerty supports increased investment and development of fossil fuels, and supports repealing renewable energy and energy efficiency standards. [49] He also supports American energy independence. [49]
Hagerty is married to Chrissy Hagerty, and has two daughters and two sons. [46] He identifies as a conservative Christian. [48]
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Diplomatic posts | ||
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Preceded by Caroline Kennedy | United States Ambassador to Japan 2017–2019 | Succeeded by Joseph Young Acting |
Party political offices | ||
Preceded by Lamar Alexander | Republican nominee for U.S. Senator from Tennessee (Class 2) 2020 | Most recent |
U.S. Senate | ||
Preceded by Lamar Alexander | U.S. Senator (Class 2) from Tennessee 2021–present Served alongside: Marsha Blackburn | Incumbent |
U.S. order of precedence (ceremonial) | ||
Preceded by John Hickenlooper | United States Senators by seniority 96th | Succeeded by Tommy Tuberville |
117th | Senate: M. Blackburn • B. Hagerty | House: J. Cooper • S. Cohen • S. DesJarlais • C. Fleischmann • D. Kustoff • T. Burchett • M. Green • J. Rose • D. Harshbarger |