John Delaney ContactBack to top
Address: 1632 LHOB, DC 20515
Phone: (301) 926-0300
Address: 9801 Washingtonian Boulevard, Gaithersburg MD 20878-7385
Phone: (301) 733-2900
Address: 38 South Potomac Street, Hagerstown MD 21740-6497
John Delaney StaffBack to top
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John Delaney BiographyBack to top
- Elected: 2012, 1st term.
- District: Maryland 6
- Born: Apr. 16, 1963, Wood-Ridge, NJ
- Home: Potomac
Columbia U., B.S., 1985; Georgetown U., J.D., 1988
- Professional Career:
Founder, CEO, CapitalSource, 2000-2010; founder, CEO, Healthcare Financial Partners, 1993-2000
- Ethnicity: White/Caucasian
- Family: Married (April McClain-Delaney); 4 children
Wealthy financier John Delaney stole a longtime Republican seat for the Democrats with his defeat in November 2012 of 10-term Rep. Roscoe Bartlett.
A native of New Jersey, Delaney was raised by a homemaker mother and an electrician father, who was a member of the International Brotherhood of Electrical Workers Local 164. His father had never attended college, but his union members pooled their money for a scholarship fund for his son, allowing Delaney to pursue a degree in biology at Columbia University. He was planning to become a doctor, but eventually switched to business. He met his wife, April McClain, a California native, in Washington, while attending Georgetown University law school. He received his law degree in 1988.
Delaney founded his first business, HealthCare Financial Partners, in 1993 and served as its chairman for seven years before starting CapitalSource, a Montgomery County-based investment company that lends money to small- and mid-sized businesses. The Baltimore Sun reported in 2012 that Delaney’s wealth makes him the fourth-richest member of Congress, with a net worth between $52 million and $232 million. (Candidates and lawmakers are not required to report exact income figures, only ranges of income.)
In the Democratic primary, state Senate Majority Leader Rob Garagiola was considered the front-runner. Yet Delaney benefited from some high-powered connections. He is a friend of both former President Bill Clinton and former Secretary of State Hillary Clinton. Delaney donated to Hillary Clinton’s 2008 presidential campaign and bundled contributions for her as well. Bill Clinton endorsed Delaney in the primary over Garagiola, a decisive moment in the campaign.
Garagiola opted not to pursue an aggressive broadcast advertising strategy, and Delaney suddenly had the airwaves to himself. Delaney, a Catholic and lifelong Democrat, campaigned as a social liberal, championing same-sex marriage and women’s issues while comparing himself to more centrist-leaning, business-minded Democrats like Bill Clinton and Sen. Mark Warner, D-Va., on fiscal issues. Delaney won a resounding, 25-percentage-point victory in April.
Delaney had a considerable advantage in the general election. Maryland’s new redistricting map made the 6th more Democrat-friendly, pushing the borders into liberal Montgomery County. Yet the moderate Bartlett is an idiosyncratic politician and not easy to define. A physiologist by training, he has chastised conservative Republicans for not accepting the science of climate change. But Roscoe by then was in his mid-80s, and many observers thought he would retire, a suspicion bolstered by the fact that he raised almost no money in the early months. Bartlett picked up the pace a bit, but it didn’t change the perception that Republicans were ceding the seat. By the end of September, Delaney had raised $3.5 million to Bartlett’s $1 million. Delaney won 59% to 38%.Show Less