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Indiana State Treasurer Daniel Elliott invested $35 million in Israeli bonds in November 2023 before announcing an additional $5 million bond purchase in May 2024.
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The treasurer isn't a policy-making role; rather, it's largely administrative. Democrats haven't won the state treasurer's office since 1976.
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The lawsuit claimed the treasurer bypassed required approvals from other state agencies in awarding contracts for lobbying and financial services without seeking competitive bids.
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There are four statewide offices on the ballot this fall – U.S. senator, state treasurer, state auditor and secretary of state. Monroe County Treasurer Jessica McClellan will be Democrats’ state treasurer candidate.
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Why are so many interested in a position that only pays $89,000 a year and hasn’t, in the past, been a springboard to higher office?
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The Republican side of the race for Indiana State Treasurer is starting to take shape.