Robert F. Kennedy Jr., U.S. President Trump’s nominee to be secretary of Health and Human Services, testifies before a Senate Finance Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 29, 2025.
Evelyn Hockstein | Reuters
Americans’ credit card balances soared to a record $1.17 trillion in 2024 — and even the wealthy are not immune from carrying these balances.
One example is Robert F. Kennedy Jr., who recently revealed in financial disclosures that he was carrying up to $1.2 million in credit card debt. Kennedy is President Donald Trump’s nominee for Health and Human Services secretary.
Kennedy’s credit card balances range between $610,000 and $1.2 million in accounts that carry interest rates of 23.24% to 23.49%, the filing shows.
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