I won’t be wishing anyone a “Happy Tax Day” in this column because let’s face it – there’s nothing happy about Tax Day. Yes, some will be getting a refund, but most understand it’s a refund of YOUR money – money you overpaid to the government that they’re now returning with no interest attached. It’s frustrating to say the least. … Read More

It wasn’t that long ago (maybe two or three years) that the term “debanking” existed far out of reach of the American lexicon. But in recent months, President Trump has drawn much-needed attention to this freedom-stifling tactic. If you aren’t familiar, debanking is a scheme used by large Wall Street institutions to impose their woke agenda on Main Street America, … Read More

It’s no secret that at the State Treasury of Mississippi, we believe deeply in financial wellness for every citizen. And if you give us the opportunity, we’ll scream it from the rooftops to anyone who will listen, sharing our resources for families, individuals, and businesses when and where we can. We do this because we know financial wellness is critical … Read More

I loved how Governor Tate Reeves summarized our economy during his recent State of the State Address: “[Mississippi] is based on timeless economies. Agriculture and Forestry. Manufacturing and Industry. Tradesmen, craftsmen, cultivators, and workers dominate our land.” And in today’s chaotic global environment, that is a solid foundation on which to stand. Afterall, regardless of the global dynamics, the world … Read More

The average Mississippian will spend $819 more per month today than they did four years ago just to maintain the same quality of life, according to the U.S. Congress Joint Economic Committee. That’s almost $10,000 a year! The increase comes in the form of higher gas prices, higher utility costs, and higher grocery bills, meaning no one is immune from … Read More

One of my responsibilities as State Treasurer is to help improve the financial wellness of families within our state. Over the last few years, significant strides have been made. In fact, in 2017, our state was barely earning a passing grade in the Champlain College’s Center for Financial Literacy Report Card. In 2023, however, the state’s metrics changed. Mississippi High … Read More

It’s tax season in Mississippi! Many are gathering their W-2’s, organizing the various other documents they’ve received in the mail, and filling out the IRS’s onerous paperwork. It’s a lot, but I might have one more piece of paper to add to the mix that could shave a little extra off your tax bill. Many don’t realize that a contribution … Read More

There are very few true win-wins in this world, but in recent weeks, the State Treasury has found an opportunity for both taxpayers and our ally Israel to prosper. Since the October 7 terrorist attack, Israel has been forced to fight for its life as the only Middle Eastern democracy. It’s a battle that has cost both blood and treasure. … Read More

As the State Treasurer, it is my job to be a good steward of Mississippi’s money and to responsibly manage our state’s budget, but I’m also asked to help expand financial wellness to others across our state as well. If you read my columns often, you’ll probably notice a trend. In nearly every piece I write about financial wellness, I … Read More

JACKSON, Miss. – State Treasurer David McRae announced today the purchase of $10 million worth of Israeli bonds, which provide a higher rate of return than many other financing options and offer much-needed support to a key U.S. ally. “While this investment comprises just a small fraction of Mississippi’s investment portfolio, its impact on our ally, Israel, is profound,” said … Read More