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
McRae: Mississippi vs. Washington: Two radically different approaches to inflation
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
McRae: $50 Million Returned!
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
Treasurer McRae Returns $50 Million in Unclaimed Money to Mississippi
Treasurer David McRae today announced the State Treasury has returned more than $50 million in unclaimed cash and stock to Mississippi since he took office in 2020. About one in 10 people have unclaimed money, which is free to search for and claim at Treasury.MS.gov. “Rarely is an elected official in the business of giving money back to citizens, but … Read More
Treasurer McRae Applauds Unilever for Reversing Ben & Jerry’s Israel Boycott
State Treasurer David McRae today applauded Unilever for reversing Ben & Jerry’s ‘woke’ Israel boycott. Ben & Jerry’s is a subsidiary of Unilever. In December 2021, McRae joined six other state financial officers in challenging Unilever to hold its subsidiary accountable after Ben & Jerry’s unjustly boycotted Israel. “Ben & Jerry’s decision to boycott Israel was motivated by a misdirected … Read More
Treasurer McRae’s Statement on Dobbs Decision
State Treasurer David McRae today released the following statement after the Supreme Court ruled on Dobbs v. Jackson Women’s Health Organization and overturned both the Roe and Casey decisions: “Our constitution states clearly that all people, no matter how small, are created equal. It celebrates the fact that in America we are guaranteed a right to life, liberty and the … Read More
McRae: Financial Stability for Those with Disabilities
The job market has largely recovered from high, COVID-era unemployment, albeit not for everyone. Americans without disabilities have been able to return to the workforce en masse, allowing the national unemployment rate to fall to 3.1 percent, according to the Bureau of Labor Statistics’ April survey. But those with disabilities have faced a more difficult road. Today, the unemployment rate … Read More
Let’s Play Ball!
Scoring a college degree is a home run for your future! That’s why my College Savings Mississippi team and I are handing out $4,500 worth of scholarships at Trustmark Park this weekend (May 26-27). Please visit our College Savings tent on the concourse before each championship baseball game and you could score as much as $500 in scholarship money! If … Read More
McRae: Don’t Go Broke Because They Went Woke
I have done a lot of traveling across Mississippi in the last few weeks, and I am always surprised when at nearly every stop someone asks: What are you going to do about ESG? ESG is the wonky of all wonky issues, but it intimately affects almost every Mississippian. Short for “Environmental, Social, and Governance,” the policy forces financial institutions … Read More
College Savings Deadline Approaching
Dear Friends, Last week, seven of Mississippi’s eight public colleges announced tuition increases, with the only exception being Jackson State University. These annual tuition hikes seem to be more and more of the norm. And without question, the rising prices have left many students deeper and deeper in debt. In fact, the average Mississippi graduates with $30,000 worth of student … Read More