At a Glance
- Career History: Professor, Central Michigan University, (2007-2008);Commissioner, Michigan Lottery (2003-2007); Vice president,UBS/PaineWebber, (1989-2003); State senator, (1995-2002); City councilman, Rochester Hills, (1991-1993); Assistant vice president, Merrill Lynch, (1980-1989)
- Birthday: Dec. 1, 1958
- Hometown: Bloomfield Township, Mich.
- Alma Mater: Alma College, B.A., 1980; University of Detroit, M.B.A., 1984; Wayne State University, J.D., 1989; Michigan State University, M.A., 2007
- Spouse: Colleen
- Religion: Episcopalian
- Committees: Financial Services ; Science and Technology
- DC Office: 1130 Longworth Office Building, 202-225-5802
Path To Power
A fifth-generation native of Oakland County in metro Detroit, Peters was born in 1958.
A graduate of Alma College, Peters would work as an investment adviser for 22 years, serving as an executive for Merrill Lynch before becoming the vice president of investments for UBS/PaineWebber from 1989 to 2003.
Through July 2010, Peters has voted with fellow House Democrats 95.2 percent of the time.
In June 2010, Peters and Rep. Ted Poe (R-Texas) authored a letter signed by 338 members of Congress expressing suport forthe Israeli military's actions when it boarded a flotilla bound for Gaza.
After being elected in 2008, Peters voiced support for keeping Rep. John Dingell (D-Mich.) as chairman of the House Energy and Commerce Committee. Dingell lost the chair to Rep. Henry Waxman (D-Calif.).
In July 2010, Peters and three other House Democrats-Reps. John Adler (N.J.), Jim Himes (Conn.) and Peter Welch (Vt.)-announced they would create the Spending Cuts and Deficit Reduction Working Group, seeking to cut spending across the federal budget in hopes of saving $70 billion over ten years.