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In 1996, Velshi was awarded a fellowship to the United States Congress from the American Political Science Association. Hamilton, then a Democratic Representative from Indiana.

Born in Nairobi, Kenya and raised in Toronto, Ontario, he is the son of Murad Velshi, the first Canadian of Indian origin elected to the Legislative Assembly of Ontario and his wife Mila, who grew up in South Africa.Velshi has written monthly columns for both Money Magazine and Delta Sky magazine.In 2010, Velshi was awarded the Queen's University Alumni Achievement Award; the highest award given to Queen's University Alumni.Velshi joined American Morning as business correspondent in late 2006 and then again as co-anchor in 2011.In 2008, Velshi undertook a cross-country road-trip aboard the CNN Election Express, during which he travelled from Myrtle Beach, South Carolina to Los Angeles, California, stopping along the way to discuss money issues with Americans.

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