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What does the Illinois treasurer do? Here's an interview with Treasurer Michael Frerichs


SPRINGFIELD — What role does the treasurer play in state government?
It depends on the state, but in Illinois, the treasurer’s role differs greatly from the state comptroller, who handles the check-writing as the state’s chief fiscal officer.
The treasurer, on the other hand, serves as the chief investment and banking officer in Illinois. According to the Illinois Constitution, “The Treasurer, in accordance with law, shall be responsible for the safekeeping and investment of monies and securities deposited with him, and for their disbursement upon order of the Comptroller.”
The current treasurer is Michael Frerichs, who first was elected in 2014 as a Champaign Democrat, defeating Republican Tom Cross by less than 0.5 percent of the vote. He gained reelection in 2018 by nearly 20 percent of the vote. ....

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The Hawaii Employees' Retirement System Should Be Investing For The Long Term


The Hawaii Employees’ Retirement System Should Be Investing For The Long Term - Honolulu Civil Beat
My bill in the Legislature is calling for transparency, accountability and holdings that are healthy.
About the Author
Tina Wildberger is the state representative for House District 11, which covers the South Maui communities of Kihei, Wailea and Makena. She currently serves as Vice Chair of the House Government Reform Committee.
Just over a year ago, I attended the first-ever Ahupuaa Investment Summit at the University of Hawaii Maui College. With Maui County support, the primary purpose of the summit was to lay the groundwork for Hawaii to attract sustainable investment that aligns with community values. ....

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