My career has mainly been spent in the financial industry, working to protect and grow investors’ assets at multi-national institutions. I have an AB degree in Mathematics from Reed College and an SM from MIT in Finance.

Meet Nick Manganaro — Candidate for US Congress, PA 5th District

Issue 09 – Environmental Policy

My view on environmental issues has been shaped by growing up in the country in Chester County. The air was clean. The water came from a well.

Nick Manganaro grew up in a rural area in Chester County. He has a bachelor's degree in mathematics from Reed College and a master's degree in finance from the Massachusetts Institute of Technology.

Candidate for US Congress, PA 5th District - DELCO GOP

Professional Experience

Property Square Solutions, LLC, Founder (2017 - Present)
Empactful, Partner, Business Development (2016 - 2017)
BlackRock, Director, Risk and Quantitative Analysis (2011 - 2013)
MacKay Shields LLC, Director, Risk and Quantitative Analysis (2009 - 2011)
Mariner Investment Group, LLC, Director, Risk and Quantitative Analytics (2007 - 2009)
BlackRock, Director, Risk and Quantitative Analytics (1998 - 2007)

Nick Manganaro | BallotReady

Nick Manganaro is the founder of Property Square Solutions, LLC. He previously held risk and quantitative analysis roles at BlackRock, MacKay Shields LLC and Mariner Investment Group, and was a business development partner at Empactful.

Nick is the founder of a real estate company He previously various risk and quantitative analysis roles.

Recent Candidacies

Delaware County: Radnor Township Treasurer in November 4, 2025 Pennsylvania General Election.

Delaware County: Radnor Township Treasurer in May 20, 2025 Pennsylvania Primary Election.

Nick was a candidate for Radnor Township Treasurer in the 2025 primary and general elections.

2026 Pennsylvania General Election 

Another issue with public education in the Commonwealth, but also nationally, is that the boys and young men are often treated as if they are inferior to girls and young women because they have different requirements from a learning environment. This has long lasting effects, with those young men lagging in entry into higher education, and from there into well-paying professional careers.

Too many young men feel alienated from the economy and hopeless about the future. This is an institutional problem that must be addressed in the school system, and funds from the budget allotment should be used for that.

I support the rapid depreciation schedule for new capital equipment and the review of regulations at the federal level to streamline requirements while maintaining or improving safety. I also support the use of federal education funding for training.

VOTE411 Voter Guide — Pennsylvania US Representative District 5

In the current environment, parents of students in public schools must be diligent in monitoring the curriculum and texts selected by the school administration. That is a challenge equivalent to having a second job and will result in the uncertainty that they may have missed something about choices their children are making at school, books added to the school library, or pedology that exalts practices of marginal groups. Parents’ rights should include having access to funding the school district allocates per child, whether for use in homeschooling or in private schools, perhaps with caps related to parents’ income percentile.

Says school-system funding should address the challenges he identifies for boys and young men in education.

Says school-system funding should address certain challenges for boys and young men in education.

Supports using federal education funding for training.

Advocates allowing parents to use per-pupil school-district funding for homeschooling or private schools, potentially with income-based limits.

- Says school-system funding should address certain challenges for boys and young men in education.
- Supports using federal education funding for training.
- Advocates allowing parents to use per-pupil school-district funding for homeschooling or private schools, potentially with income-based limits.

Education

A common problem for the nation and my district is affordability. During the Biden years, inflation was high, economic productivity slowed and wages grew more slowly than wages. Increased economic productivity improves people’s wages and their ability to afford things over time. Increased productivity is a result of capital investment and training in the use of the equipment put in place. Federal and local government typically increase regulation over time, resulting in lower productivity.

I support the rapid depreciation schedule for new capital equipment and the review of regulations at the federal level to streamline requirements while maintaining or improving safety. I also support the use of federal education funding for training.

Article 1 of the Constitution enumerated the powers of Congress. There is no explicit mention of an oversight power over the executive branch, but one may be inferred through the responsibility of Congress to raise funds through taxation, and to make rules for the government. Congress has ceded much of its rule making authority to the executive branch. Oversight is necessary to ensure that the Executive activities are in line with the representatives' intent, and that they are faithfully carried out.

Oversight of the President may also reasonably be carried out to see that the funds allocated to the activities of the office of the President are not wasted or used to enrich the holder of the office. Congress and the Executive are coequal.

Supports accelerated depreciation for new capital equipment and federal regulatory reviews to streamline requirements while maintaining or improving safety.

Says congressional oversight is necessary to ensure executive-branch activities are consistent with congressional intent and faithfully carried out.

- Supports accelerated depreciation for new capital equipment and federal regulatory reviews to streamline requirements while maintaining or improving safety.
- Says congressional oversight is necessary to ensure executive-branch activities are consistent with congressional intent and faithfully carried out.

Economy

There were problems with the provision of and payment for health care before the so-called Affordable Care Act (ACA). Despite the disruption of the entire healthcare industry, those same problems remain. Instead of fixing the issues that were extant, the ACA led to doctors shutting individual and group practices and becoming employees of major hospital systems.

I am not a health insurance expert, but I can see that giving patients more control of their healthcare spending in free markets would go a long way to allocating resources more efficiently.

The current healthcare system has been dramatically shaped by the Affordable Care Act (ACA). The ACA and other government efforts to make healthcare more accessible and affordable have focused more on making health insurance accessible. Health insurance is not healthcare. Health insurance plays an important role in spreading the costs across member populations and acting as a gatekeeper to address egregious practices and expenses.

I would support changes that would make healthcare more patient-centric and would reward positive health outcomes more than successful chronic disease maintenance.

Says giving patients more control over healthcare spending in free markets would allocate resources more efficiently.

Would support healthcare changes that are more patient-centered and reward positive health outcomes over managing chronic diseases.

- Says giving patients more control over healthcare spending in free markets would allocate resources more efficiently.
- Would support healthcare changes that are more patient-centered and reward positive health outcomes over managing chronic diseases.

Healthcare

Washington D.C. – U.S. Term Limits (USTL), the leader in the non-partisan national movement to limit terms for elected officials, praises 2026 U.S. house candidate for Pennsylvania, Nick Manganaro (district 5), for signing the pledge for an amendment to term limit Congress. Manganaro is the first signer in this race.

The U.S. Term Limits amendment pledge is provided to every announced candidate for federal office. It reads, “I pledge that as a member of Congress, I will cosponsor and vote for the U.S. Term Limits amendment of three (3) two-year House terms and two (2) six-year Senate terms and no longer limit.”

Nick Manganaro Pledges to Support Term Limits on Congress

Pledges to co-sponsor and vote for a constitutional amendment limiting House members to three terms and senators to two terms.

- Pledges to co-sponsor and vote for a constitutional amendment limiting House members to three terms and senators to two terms.

Voting & Elections

I hope the excursion is of short duration and that the loss of human lives is minimized, but I am not convinced that this was a necessary conflict. However, the US Is now in this fight.

I support funding current operations to improve the odds of a peaceful resolution. Nonetheless, I hope this situation can be quickly resolved through a negotiated settlement of hostilities. Mary Gay Scanlon has voted against increased funding for the Pentagon during her term as Congresswoman.

I support ICE’s continuing efforts to remove criminals and to reduce the amount of fentanyl entering our country. ICE, working with the FBI, have located over 150,000 children who were trafficked into America during the Biden Administration. Removing criminals and locating trafficked children should not be controversial.

Both Philadelphia and Delaware County have passed laws precluding local law enforcement officers from coordinating with Immigration and Customs Enforcement (ICE), a division of the Department of Homeland Security. While I understand that the office holders may have their own opinions about immigration laws, local authorities have no role to nullify national laws.

Supports funding current military operations while seeking a negotiated settlement to end hostilities.

Supports Immigration and Customs Enforcement efforts to remove criminals and reduce fentanyl entering the United States.

Says local authorities should not nullify national immigration laws.

- Supports funding current military operations while seeking a negotiated settlement to end hostilities.
- Supports Immigration and Customs Enforcement efforts to remove criminals and reduce fentanyl entering the United States.
- Says local authorities should not nullify national immigration laws.

Foreign Policy and Immigration

Restrictions on agricultural run-off should be maintained and evaluated for adequacy. Protection of flood zones and riparian barriers around flowing water is necessary to provide a safe environment for our citizens and our aquatic neighbors.

Pennsylvania is blessed to have huge reserves of hydrocarbon-based energy resources. Despite that reality, Gov. Josh Shapiro entered into the Regional Greenhouse Gas Initiative (RGGI) which hampered the ability of Pennsylvania energy companies to sell to the region and nation. It shackled the US to international sources for “green” energy technology such as fragile imported windmills and China-sourced solar panels.

I think America can do better by using its oil reserves wisely in the near-term while developing next-gen nuclear energy plants as recommended under the Reactor Pilot Program to provide a low-carbon source of abundant power for homes and industry, whether thorium fueled reactors (which are safer than those that are uranium-fueled), water-cooled fission reactors with higher enrichment levels than designs approved in the 1960s, reactors cooled with liquid sodium, and to continue development of fusion reactors. SE Pennsylvania needs an all-of-the-above energy policy.

My view on environmental issues has been shaped by growing up in the country in Chester County. The air was clean. The water came from a well. While I support developing Pennsylvania’s petrochemical resources, I also support setting requirements and monitoring drilling, fracking and transporting these resources carefully.

Along with the development of new power generation technologies, comes the need to deal with the spent fuel in greater quantities. Restrictions on agricultural run-off should be maintained and evaluated for adequacy. Protection of flood zones and riparian barriers around flowing water is necessary to provide a safe environment for our citizens and our aquatic neighbors.

Says protecting flood zones and riparian barriers is necessary for a safe environment.

Advocates using oil reserves in the near term while developing next-generation nuclear power and fusion as low-carbon energy sources.

Supports developing Pennsylvania petrochemical resources with requirements and careful monitoring of drilling, fracking and transportation.

Supports maintaining and evaluating restrictions on agricultural runoff.

- Says protecting flood zones and riparian barriers is necessary for a safe environment.
- Advocates using oil reserves in the near term while developing next-generation nuclear power and fusion as low-carbon energy sources.
- Supports developing Pennsylvania petrochemical resources with requirements and careful monitoring of drilling, fracking and transportation.
- Supports maintaining and evaluating restrictions on agricultural runoff.

Energy & the Environment

They have been favoring the alleged criminal, based on extra-legal, government imputation of categories of “oppression” to the criminal for his benefit while ignoring actual harm to the victim.

Courts should practice blind justice to protect and provide remedies for people harmed physically or monetarily in the course of crimes. Congress has the power to modify the structure of the courts. I support impeaching judges who free offenders with multiple previous convictions that go on to commit murder.

Supports impeaching judges who release repeat offenders who later commit murder.

- Supports impeaching judges who release repeat offenders who later commit murder.

Public Safety

LinkedIn

Nick Manganaro

- Supports using federal education funding for training.
- Advocates allowing parents to use per-pupil school-district funding for homeschooling or private schools, potentially with income-based limits.

- Advocates using oil reserves in the near term while developing next-generation nuclear power and fusion as low-carbon energy sources.
- Supports developing Pennsylvania petrochemical resources with requirements and careful monitoring of drilling, fracking and transportation.
- Supports maintaining and evaluating restrictions on agricultural runoff.

I have an AB degree in Mathematics from Reed College and an SM from MIT in Finance.

Meet Nick Manganaro

Nick Manganaro grew up in rural Chester County. He earned an AB in mathematics from Reed College and an SM in finance from MIT.

Meet Nick Manganaro
Candidate for US Congress, PA 5th District
I am an America First, Constitutionally and fiscally Conservative Republican.
My career has mainly been spent in the financial industry, working to protect and grow investors’ assets at multi-national institutions.

County Montgomery
Occupation Investor
Education AB in Mathematics from Reed College, SM in Finance from MIT
Qualifications I am logical, methodical, data-driven and fair-minded, which is what Congress needs. I spent most of my finance career in research, product development, and risk management. I consulted with multi-national financial industries on the quantification and management of risk.
Campaign Website http://manganaro4congress.net

Pennsylvania US Representative District 5 — VOTE411 Voter Guide

Nick Manganaro has spent most of his career in finance, including in research, product development, and risk management, and has worked at multinational institutions. He consulted with multinational financial institutions on risk quantification and management.

Supports allowing parents to use per-pupil school-district funding for homeschooling or private schools, potentially with income-based caps.

- Supports allowing parents to use per-pupil school-district funding for homeschooling or private schools, potentially with income-based caps.

Mary Gay Scanlon regularly voted to increase Federal spending, leading to over $2 trillion annual deficits for most years since her election until the beginning of Trump’s second term. My support:

Working across the aisle on a credible path to balance the budget and for long-term solvency

My support:

Working across the aisle on a credible path to balance the budget and for long-term solvency

Demanding rigorous oversight of all federal disbursements to close fraud loopholes

Demanding rigorous oversight of all federal disbursements to close fraud loopholes

Requiring both cost/benefit analysis before passage of bills and audits of

expenditures post-passage

Requiring both cost/benefit analysis before passage of bills and audits of

expenditures post-passage

Opposing new entitlement expansions that widen the structural deficit

A common problem for the nation and my district is affordability. During the Biden years, inflation was high, economic productivity slowed and wages grew more slowly than wages. Increased economic productivity improves people’s wages and their ability to afford things over time. Increased productivity is a result of capital investment and training in the use of the equipment put in place. Federal and local government typically increase regulation over time, resulting in lower productivity.
I support the rapid depreciation schedule for new capital equipment and the review of regulations at the federal level to streamline requirements while maintaining or improving safety. I also support the use of federal education funding for training.

Advocates for bipartisan action to balance the federal budget and support long-term solvency.

Calls for oversight and audits of federal spending, including cost-benefit analyses before bills pass, to address loopholes that enable fraud.

Opposes new entitlement expansions that widen the structural deficit.

Supports allowing the cost of new capital equipment to be deducted more quickly and reviewing federal regulations to streamline requirements while maintaining or improving safety.

- Advocates for bipartisan action to balance the federal budget and support long-term solvency.
- Calls for oversight and audits of federal spending, including cost-benefit analyses before bills pass, to address loopholes that enable fraud.
- Opposes new entitlement expansions that widen the structural deficit.
- Supports allowing the cost of new capital equipment to be deducted more quickly and reviewing federal regulations to streamline requirements while maintaining or improving safety.

The hospital systems are even more concentrated in densely populated areas than the doctors’ practices were, leaving rural residents underserved. The ACA set reporting requirements for services provided has led to imbalanced growth in personnel between the ballooning of administrative jobs and under-investment in doctors who are now limited to patient visits of 15 or 20 minutes. The relationship of knowledge and trust between patients and doctors has been shattered.

I am not a health insurance expert, but I can see that giving patients more control of their healthcare spending in free markets would go a long way to allocating resources more efficiently.

The current healthcare system has been dramatically shaped by the Affordable Care Act (ACA). The ACA and other government efforts to make healthcare more accessible and affordable have focused more on making health insurance accessible. Health insurance is not healthcare. Health insurance plays an important role in spreading the costs across member populations and acting as a gatekeeper to address egregious practices and expenses.
I would support changes that would make healthcare more patient-centric and would reward positive health outcomes more than successful chronic disease maintenance.

Said giving patients greater control over healthcare spending in free markets would allocate resources more efficiently.

Supports healthcare changes that emphasize patient-centered care and reward positive health outcomes over ongoing management of chronic diseases.

- Said giving patients greater control over healthcare spending in free markets would allocate resources more efficiently.
- Supports healthcare changes that emphasize patient-centered care and reward positive health outcomes over ongoing management of chronic diseases.

Pledges to cosponsor and vote for a constitutional amendment limiting U.S. House members to three terms and senators to two terms.

I support ICE’s continuing efforts to remove criminals and to reduce the amount of fentanyl entering our country. ICE, working with the FBI, have located over 150,000 children who were trafficked into America during the Biden Administration. Removing criminals and locating trafficked children should not be controversial. Now that there are military actions overseas in countries set against us with hostile intent, ICE and CPB operations have become even more important.

Issue 07 – Nullification

Both Philadelphia and Delaware County have passed laws precluding local law enforcement officers from coordinating with Immigration and Customs Enforcement (ICE), a division of the Department of Homeland Security. While I understand that the office holders may have their own opinions about immigration laws, local authorities have no role to nullify national laws.

Congress' role in setting defense policy is in negotiating and passing the defense budget, not in negotiations to end wars. Congress can limit the war-making power of the President by a) restricting the funds available for combat operations through the budgeting process and b) potentially enforcing the War Powers Act.

Said local authorities should not nullify national immigration laws.

Said Congress can limit presidential war-making power through defense appropriations and potential enforcement of the War Powers Act.

- Supports Immigration and Customs Enforcement efforts to remove criminals and reduce fentanyl entering the United States.
- Said local authorities should not nullify national immigration laws.
- Said Congress can limit presidential war-making power through defense appropriations and potential enforcement of the War Powers Act.

Issue 08 – Energy Policy

Pennsylvania is blessed to have huge reserves of hydrocarbon-based energy resources. Despite that reality, Gov. Josh Shapiro entered into the Regional Greenhouse Gas Initiative (RGGI) which hampered the ability of Pennsylvania energy companies to sell to the region and nation. It shackled the US to international sources for “green” energy technology such as fragile imported windmills and China-sourced solar panels.

I think America can do better by using its oil reserves wisely in the near-term while developing next-gen nuclear energy plants as recommended under the Reactor Pilot Program to provide a low-carbon source of abundant power for homes and industry, whether thorium fueled reactors (which are safer than those that are uranium-fueled), water-cooled fission reactors with higher enrichment levels than designs approved in the 1960s, reactors cooled with liquid sodium, and to continue development of fusion reactors. SE Pennsylvania needs an all-of-the-above energy policy.

Issue 09 – Environmental Policy

My view on environmental issues has been shaped by growing up in the country in Chester County. The air was clean. The water came from a well. While I support developing Pennsylvania’s petrochemical resources, I also support setting requirements and monitoring drilling, fracking and transporting these resources carefully.

Supports using oil reserves in the near term while developing next-generation nuclear power and fusion as low-carbon energy sources.

Supports developing Pennsylvania petrochemical resources while carefully regulating and monitoring drilling, fracking, and transportation.

Said protecting flood zones and barriers along waterways is necessary for environmental safety.

- Supports using oil reserves in the near term while developing next-generation nuclear power and fusion as low-carbon energy sources.
- Supports developing Pennsylvania petrochemical resources while carefully regulating and monitoring drilling, fracking, and transportation.
- Supports maintaining and evaluating restrictions on agricultural runoff.
- Said protecting flood zones and barriers along waterways is necessary for environmental safety.

Isaac Brickman

Buket Urgen

Mary Gay Scanlon

- Your US Representative represents the interests of your district in the US House of Representatives, the lower house of Congress. Pennsylvania currently has 19 US Representatives.
- US Representatives can author, sponsor, debate, and vote on bills that become national law.
- Representatives may serve on congressional committees. Committees focus on certain policy areas, such as transportation, education, or labor. They may also run for higher positions within their party, such as the Speaker of the House or Majority/Minority Leader.
- Representatives are elected to two-year terms. To hold this office, a candidate must be a legal resident of Pennsylvania for at least seven years before their election. 
- US Representatives are paid a salary of $174,000/year.

Your representative and federal lawmaker in the US House of Representatives