As a conservative, I’m a capitalist. In other words, I don’t believe the government should tell private businesses what to do. That’s why much of my approach to the Environmental, Social and Governance (ESG) movement hasn’t been a big-government mandate on private businesses. Instead, I’ve been upfront that Mississippi will only invest in the most profitable, safe, and beneficial funds … Read More
Putting Americans First
This July, at a campaign rally in Pennsylvania, a young man attempted to assassinate President Donald J. Trump. Photos show the bullet whizzing by, tearing through his ear, coming within an inch of his skull, and carrying the potential to change history. It was a horrific day for America. This kind of political violence has no place in our democracy. … Read More
McRae Earns State $375 Million in Interest Income
JACKSON, Miss. — State Treasurer David McRae today announced that Mississippi earned nearly $375 million in interest during FY2024. As State Treasurer, McRae is responsible for managing the state’s cash flow, including Mississippi’s investment portfolio. This is one of Mississippi’s largest interest earnings on record. “If Mississippians take one thing from today’s announcement, I hope it is this: When you … Read More
An Unprecedented Supreme Court Decision
Two years ago, Mississippi was at the center of one of the Supreme Court’s most consequential decisions: Dobbs v. Jackson Women’s Health Organization, a landmark case that ultimately overturned Roe v. Wade. It was hard to miss the coverage, which is ongoing even today. But there’s another Supreme Court case that was recently handed down that didn’t get as much … Read More
McRae Applauds Reeves, State Legislature for Support of Israel
JACKSON, Miss. — State Treasurer David McRae this week joined Governor Tate Reeves and key lawmakers during a bill signing for SB2226, the Israel Support Act. This legislation permanently extends Mississippi’s 2017 anti-Boycott, Divestment, and Sanctions (BDS) provisions and increases the allowance for Israel Bonds from $20 million to $50 million. “I am incredibly proud to join Governor Tate Reeves … Read More
Summer Money Series: Investing in Your Future
Starting out as a young person today isn’t what it was when many of us were young. Straight out of college, you’re paying $300 per month for health insurance, $80 per month for your cell phone, almost three bucks for a gallon of gas – all of this being stacked atop increasingly expensive rental rates, utility bills, car payments, and … Read More
Summer Money Series: What NOT to Spend Student Loan Funds On
More than one in 10 Americans hold student loan debt – that’s 43 million people! And it’s no small amount of debt either. Total it together and the bill comes to just over $1.6 trillion. That’s an awfully big hole to dig out of. Programs offered through the State Treasury give Mississippians a way to reduce or eliminate their student … Read More
Summer Money Series: Establishing Credit
Graduation season is upon us, which means thousands of Mississippi young people are preparing to strike out on their own. With that in mind, I thought it might be a good time to walk through some of the basics of financial wellness. So, over the next month, I’ll be focusing on a few topics many young people struggle with. Up … Read More
Take a Vacation from Inflation
Summertime is here and that means (hopefully) some summer travel as well! Do you have any getaways on the horizon? While many are planning some kind of summer vacation, most remain heartily concerned about inflation’s impact. Gas is going to cost more. Flights are going to cost more. Eating out is going to cost more. In short, inflation hasn’t exactly … Read More
Help Kids Learn Finances this Summer!
It’s hard to believe, but summer is here already! For many, it’s the beginning of a jam-packed schedule (from beach trips to summer camps to T-ball practice). But even as parents are sent running around, it seems like the kids themselves are in frequent need of activities to beat the summer boredom. Well, I have a few fun ideas for … Read More