Mississippi Treasurer David McRae was re-elected unanimously yesterday as Vice President of the National Association of State Treasurers (NAST). McRae is the 55th Treasurer of the State of Mississippi. In this role, he helps manage the state’s cash flow, oversees College Savings Mississippi, and has returned more than $55 million in unclaimed money to Mississippians. “It’s an exciting opportunity to … Read More

By Treasurer David McRae Congress has passed the $737 billion deceptively named Inflation Reduction Act. Democrats nationally are jubilant about their success after struggling for months to pass even a slimmed-down portion of President Biden’s vision for higher taxes, a Green New Deal, and other social policies. What does it accomplish and what does it mean for you? Well, let’s … Read More

By David McRae, Mississippi Treasurer You may have heard — and I have written previously — about the ESG movement. ESG stands for environmental, social, and governance. In business and investing, ESG is supposed to be a method of rating and evaluating how sustainable and ethical various companies are, but in practice, it is a political football that unjustly cherry picks winners and … Read More

By Treasurer David McRae In a previous column, I outlined the process by which we might amend the U.S. Constitution with a Balanced Budget Amendment. To expand on that, I want to share more information about our exploding federal debt and what it could mean for America’s future if we do not act now to get it under control. In … Read More

By Treasurer David McRae Wow, it was a hot one at the 133rd Neshoba County Fair this week, but as always — the hospitality couldn’t be beat. My wife, Katie, and I enjoyed catching up with many old friends and making new ones as well. I used my ten minutes on stage at Founders’ Square to provide an update on … Read More

By Treasurer David McRae In November of 1798, Thomas Jefferson wrote, “I wish it were possible to obtain a single amendment to our constitution; I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its constitution; I mean an additional article taking from the federal government the … Read More

The latest inflation news rightfully has everyone concerned. The Consumer Price Index for June, for instance, showed inflation has worsened more than expected. Prices have risen 9.1 percent over the past year and 1.3 percent over just the last month – the highest since November 1981. The impact of this record-high inflation is real. In fact, the average working family … Read More

By Treasurer David McRae Rarely is an elected official in the business of giving money back to citizens, but that’s not true at your State Treasury. Since arriving in office, our team has returned $50 million to Mississippians through our unclaimed money program. What is it and how can you access some of this cash? Read on to find out. … Read More