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As the State Treasurer nears the end of his political career, Folwell still has some things to say
Published: Monday, June 5th, 2023 @ 8:06 pm
By: Beaufort Observer Editorial Team
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(Raleigh, N.C.) – State Treasurer Dale R. Folwell, CPA, and the State Health Plan (Plan) Board of Trustees (Board) announced today that the Board will not enforce the Plan’s benefit exclusion regarding treatment or studies leading to or in connection with sex transition or modifications and related
Published: Thursday, July 14th, 2022 @ 8:51 am
By: Stan Deatherage
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The 2020 election season starts unofficially today at noon, with the opening of candidate filing for most races.
Published: Sunday, December 8th, 2019 @ 10:02 am
By: Carolina Journal
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The North Carolina Department of Transportation under Gov. Roy Cooper has become a money pit and state Transportation Secretary Jim Trogdon just keeps digging.
Published: Thursday, November 7th, 2019 @ 12:34 am
By: Civitas Insitute
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I’ve been watching the emerging election for North Carolina’s Senate seat and wonder if we are seeing symptoms of a larger trend.
Published: Tuesday, May 21st, 2019 @ 12:13 pm
By: Tom Campbell
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State Treasurer Dale Folwell wants to know if Wall Street investors charged the state fees on $9 billion of state pension plan money that never got invested
Published: Sunday, April 23rd, 2017 @ 9:32 pm
By: John Locke Foundation
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More than two years after releasing a scathing report alleging that a glut of investment fund managers are collecting fees that have plundered North Carolina’s state employee pension plan
Published: Tuesday, December 13th, 2016 @ 12:11 am
By: John Locke Foundation
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A recommendation that the state might impose ethics-related restrictions on secondary employment and corporate board memberships on the state treasurer - and possibly other Council of State officers - drew a mixed response from those officials
Published: Monday, October 10th, 2016 @ 1:50 pm
By: John Locke Foundation
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During a contentious debate Tuesday night, Republican state treasurer candidate Dale Folwell hammered repeatedly on the theme that the state health care plan is broke, the state pension plan is underperforming, and his Democratic opponent Dan Blue III attended fundraisers in New York City
Published: Friday, September 30th, 2016 @ 8:02 pm
By: John Locke Foundation
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State Sen. Jerry Tillman, R-Randolph, said the Senate will push again in the next legislative session to pass a constitutional amendment lowering the cap on the personal income tax rate from 10 percent to 5.5 percent.
Published: Monday, September 5th, 2016 @ 6:06 pm
By: John Locke Foundation
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The Investment Advisory Committee that helps state Treasurer Janet Cowell develop the financial management strategy for state funds will meet this week to begin a process of developing ethics guidelines for its members that could include rules regarding insider trading and accepting gifts
Published: Sunday, July 31st, 2016 @ 12:18 am
By: John Locke Foundation
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If the General Assembly approves State Treasurer Janet Cowell's request for more flexibility in how it invests the state's pension plan, North Carolina's investment in real estate could be among the largest in the nation.
Published: Wednesday, May 18th, 2016 @ 10:58 pm
By: John Locke Foundation
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Former Secretary of State Hillary Clinton won easily against Vermont Sen. Bernie Sanders in Tuesday's Democratic presidential primary, while casino mogul Donald Trump staved off a late surge by Texas Sen. Ted Cruz to claim victory in the GOP presidential contest
Published: Wednesday, March 16th, 2016 @ 11:27 pm
By: John Locke Foundation
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State Senate leader Phil Berger, R-Rockingham, said he is "alarmed" that the state Department of Public Instruction and State Board of Education agreed, possibly in violation of state open meetings laws and legislative requirements, to shift funds intended to help children learn to read into maintai
Published: Saturday, February 20th, 2016 @ 6:33 am
By: John Locke Foundation
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The ENC Tea Party announces their upcoming events for this year.
Published: Thursday, February 11th, 2016 @ 5:29 am
By: Diane Rufino
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While publicly lobbying for the $2 billion Connect NC bond referendum that will be on the March 15 ballot, Gov. Pat McCrory and members of his administration say the measure will be fiscally prudent, reducing state General Fund debt over the next five years.
Published: Wednesday, January 20th, 2016 @ 4:23 am
By: John Locke Foundation
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"We would often be sorry if our wishes were gratified." So said the Greek storyteller Aesop more than 2,500 years ago.
Published: Tuesday, January 19th, 2016 @ 9:10 pm
By: John Locke Foundation
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State Treasurer Janet Cowell's surprise announcement she wouldn't seek re-election left many wondering who should be the next "keeper of the public purse."
Published: Friday, October 23rd, 2015 @ 1:31 pm
By: Tom Campbell
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Republicans are highly unlikely to lose majority control of either legislative chamber in the 2016 General Assembly elections, and the state treasurer's seat is expected to be a hotly contested race that Republicans are hoping to flip into their corner, political analysts from each major party say
Published: Thursday, October 22nd, 2015 @ 10:24 pm
By: John Locke Foundation
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The North Carolina Republican Party (NCGOP) today released the following statement upon North Carolina Treasurer Janet Cowell's announcement that she will not seek re-election...
Published: Tuesday, October 13th, 2015 @ 12:13 pm
By: Chris Downey
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A proposed constitutional amendment Senate Republicans have titled the Taxpayer Protection Act tentatively squeaked through that chamber Tuesday, with a final vote expected on Wednesday.
Published: Monday, August 17th, 2015 @ 5:07 am
By: John Locke Foundation
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On one hand, it's a good time to borrow money. Interest rates are low, as are construction costs.
Published: Monday, July 13th, 2015 @ 5:07 am
By: John Locke Foundation
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Even though North Carolina ranks behind its four neighboring states in overall financial condition, the state’s fiscal health is mostly sound, said the author of a just-released national study.
Published: Friday, July 10th, 2015 @ 7:31 am
By: John Locke Foundation
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In our “us-versus-them” partisan culture it is rare to find an issue on which there is unanimous consensus but Governor Pat McCrory has identified one. North Carolina has not adequately built or maintained its public infrastructure for decades.
Published: Sunday, April 26th, 2015 @ 11:14 pm
By: Tom Campbell
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Dana Cope has stepped on some powerful toes during his tenure as head of the state employees union here in North Carolina. Most of them have been on the starboard side of the political spectrum.
Published: Thursday, February 12th, 2015 @ 3:49 am
By: Brant Clifton
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Pretty much as soon as the polls closed on Election Day 2014, the political prognosticators began laying bets on what will happen by Election Day 2016. At the national level, attention quickly focused on the seemingly endless parade of Republicans seeking to take on Hillary Clinton.
Published: Saturday, January 10th, 2015 @ 9:59 pm
By: John Locke Foundation
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No matter how good the crystal ball, it is impossible to predict what will happen in 2015. Perhaps it will be easier to identify the people likely to either make or respond to North Carolina news events.
Published: Sunday, January 4th, 2015 @ 12:50 pm
By: Tom Campbell
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A recent study by the investment firm Eaton Vance found North Carolina's creditworthiness fell from fourth place among the 50 states a year ago to 13th this year - but the change was related to new methods of weighting data rather than any drop in the state's ability to meet its debt obligations.
Published: Monday, December 22nd, 2014 @ 11:39 am
By: John Locke Foundation
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Fiscal conservatives tend to look askance at large issuances of public debt. In this sentiment, they are in good company. "I go on the principle that a public debt is a public curse," wrote James Madison, "and in a Republican Government a greater curse than any other." His mentor and friend...
Published: Friday, September 26th, 2014 @ 11:03 am
By: John Locke Foundation
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A recent study concluded that North Carolina's $87 billion state pension fund is the second-best performing plan in the nation, even though new government-mandated accounting methods show it might be underfunded by more than $15 billion instead of operating in the black, as official state figures...
Published: Tuesday, August 5th, 2014 @ 11:46 pm
By: John Locke Foundation
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State Treasurer Janet Cowell, alongside bill sponsors Reps. Stephen Ross and Jeff Collins, joined Governor Pat McCrory at the State Capitol this morning for the signing of House Bill 1195.
Published: Wednesday, July 30th, 2014 @ 7:31 pm
By: Christopher Maye
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According to the most recent report available, North Carolina's main pension fund for retired state employees is strapped with a $3.7 billion unfunded liability. This growing liability means taxpayers must pony up an increasing amount of funds to cover the costs of promised benefits to retirees...
Published: Wednesday, July 23rd, 2014 @ 6:31 pm
By: Civitas Insitute
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The State Employees Association of North Carolina could receive significant monetary awards if it prevailed in a whistleblower complaint against those investing the state pension fund's money.
Published: Sunday, June 15th, 2014 @ 3:28 am
By: John Locke Foundation
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An organization representing 55,000 state employees has asked the U.S. Securities and Exchange Commission to investigate "widespread potential violations of law" involving State Treasurer Janet Cowell's handling of investments from the $87 billion state retirement system.
Published: Wednesday, June 4th, 2014 @ 4:52 pm
By: John Locke Foundation
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