Jackson, Miss. —Mississippi Treasurer David McRae joined top finance officials this week in challenging President Biden on a new mortgage rule that punishes families with good credit scores. Under the mortgage redistribution policy, home buyers who have maintained good credit scores and offer a strong down payment will face higher mortgage fees going forward. These increased fees will then be used … Read More
Treasurer McRae Announces 2023 Art Contest Winners
JACKSON, Miss. – David McRae this week announced the 2023 College Savings Mississippi Art Contest winners with a reception at the Mississippi Museum of Art. Twelve students and one teacher took home a combined $3,500 worth of scholarships during the event. “In these students’ artwork, we saw the beauty of their creativity, but also a snapshot of their dreams,” said McRae. … Read More
McRae: More than Main Street
By Treasurer David McRae There are many things we can appreciate about the state we call home, but one of the most prominent in my mind is the determination to not only survive the hard times, but thrive through them. Despite tornadoes and hurricanes, floods and unexpected freezes, our Main Streets remain strong cornerstones of our Mississippi way of life. … Read More
McRae: Teaching Kids to Save
By Treasurer David McRae I have had a lot of titles in my life, both in the private sector and now as your State Treasurer, but like so many parents, the title I’m most proud of is “Dad.” What’s interesting to me is that while all these roles are very different, I seem to come back to the same message: … Read More
McRae: We Must See Rural Mississippi
By Treasurer David McRae More than half of Mississippi’s population calls a rural community home. In fact, of the Magnolia State’s 82 counties, 65 are deemed rural. That’s something we need to hold onto. Sadly, however, our small towns are shrinking. Many look to employment opportunities as a reason for the population loss, as younger folks are seeking better-paying jobs … Read More
McRae: Modernizing Your Treasury
By Treasurer David McRae I came into the role of Mississippi Treasurer with the intention of making state government work a little more like a business – and from Day One, we got to work doing exactly that. Internally, we made simple technology upgrades (such as laptops instead of desktop computers) that allow our team to be more mobile and … Read More
College Savings Mississippi Launches Free, Integrated Prepaid Debit Card Program for MACS Account Holders
Jackson, MS – Treasurer David McRae today announced that Mississippi Affordable College Savings (MACS) account holders now have access to a free, integrated prepaid debit card program, making it easier than ever to use the account for qualified education expenses. “We are excited about providing a seamless and safe payment method at no cost to our Mississippi students or their … Read More
McRae: Financial Hacks for Parents
By Treasurer David McRae Use a cupcake liner to catch melting ice pop dribble. Put heavy-weight tape on a toy’s speakers to dull the sound. Secure a fitted sheet with a cooler, a chair or other items while at the beach to create a make-shift pack-and-play that keeps the sand out. The internet is filled with life hacks for parents, … Read More
McRae: Spring Forward in Savings
By Treasurer David McRae Spring has bloomed here in Mississippi. The temperature has warmed. Buds have exploded into blossoms. And pollen… Well, the pollen has seemingly caked every outdoor surface. With the changes occurring outside our windows comes a changing of seasons within many of our homes, as our children prepare to advance a grade or even leave the nest … Read More
McRae: Protecting Our Food Security
By Treasurer David McRae This month, the nation celebrated National Agriculture Day, a time set aside to commemorate those who grow the food that feeds and fuels our families. Of course, in Mississippi, we understand that agriculture does a lot more than that. Beyond sustaining our communities, Mississippi producers allow us to wield soft power among our foreign allies. In … Read More