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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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"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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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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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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State agencies would have to reimburse the state retirement system for costs associated with allowing employees to pad their incomes to earn more lucrative pensions under legislation expected to get a House hearing this week.
Published: Wednesday, June 4th, 2014 @ 9:13 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: Thursday, May 29th, 2014 @ 9:16 am
By: John Locke Foundation
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North Carolina has been fortunate to have honest and trustworthy State Treasurers. Current Treasurer Janet Cowell is no exception.
Published: Wednesday, May 7th, 2014 @ 12:18 am
By: Tom Campbell
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Today, it was announced that North Carolina retained its "AAA" rating by all three agencies, the highest credit rating available to state governments.
Published: Wednesday, April 9th, 2014 @ 7:28 pm
By: Stan Deatherage
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The General Fund cost of operating the State Health Plan is expected to rise about $90 million from fiscal years 2013-14 to 2015-16, but that is a slower growth trend than in past years, and Obamacare will have little effect on it, officials say.
Published: Tuesday, October 29th, 2013 @ 11:19 pm
By: John Locke Foundation
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Contrary to recent media reports, North Carolina has taken out federal loans to operate its underfunded unemployment insurance system, and it is the state's obligation to see that $2.5 billion debt is repaid, said Dale Folwell, state assistant secretary of employment security.
Published: Wednesday, July 10th, 2013 @ 2:59 pm
By: John Locke Foundation
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A bill allowing the treasurer more leeway to invest the state pension plan in riskier portfolios is set tonight for its first Senate floor vote.
Published: Tuesday, May 7th, 2013 @ 12:56 am
By: John Locke Foundation
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A deputy to state treasurer Janet Cowell is warning that efforts to take Charlotte Douglas International Airport away from the City of Charlotte and have it run by a new regional authority could have negative consequences on the state's borrowing power.
Published: Wednesday, March 27th, 2013 @ 6:26 pm
By: Brant Clifton
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Gov. Pat McCrory will make three immediate appointments to the State Board of Education.
Published: Sunday, January 27th, 2013 @ 2:38 am
By: John Locke Foundation
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Incumbent Democratic state Treasurer Janet Cowell and Republican challenger Steve Royal don't agree on much, but concur that lack of statewide name recognition is a challenge in the Nov. 6 general election.
Published: Tuesday, October 30th, 2012 @ 12:48 pm
By: John Locke Foundation
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On October 13, Linda Harper and the Citizens for Constitutional Liberties (Wayne County Tea Party) hosted a forum in Goldsboro to allow candidates for state offices to present their ideas for improving the state of North Carolina.
Published: Sunday, October 14th, 2012 @ 11:52 am
By: Marvin Sparks
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Janet Cowell's primary responsibility as State Treasurer is to oversee the pension fund for retired North Carolina teachers and state employees. So why does her campaign receive so many contributions from far-away states like New York, Pennsylvania and California?
Published: Saturday, October 6th, 2012 @ 1:30 am
By: Civitas Insitute
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Well, the freak show in Charlotte is winding down. We've been treated to a celebration of abortion, the booing of God, and serious - I think - attempts to make us believe things are going GREAT.
Published: Friday, September 7th, 2012 @ 2:33 pm
By: Brant Clifton
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If you're a North Carolina taxpayer, public school teacher, government employee, or anyone with a vested interest in the state's pension system, beware: State Treasurer Janet Cowell could be gambling with your money (and, potentially, your retirement) to satisfy a political agenda.
Published: Tuesday, July 31st, 2012 @ 8:09 am
By: John Locke Foundation
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State Treasurer Janet Cowell is pushing to require Nike Inc. and other large corporations to make their political contributions more transparent, a move that has drawn skepticism.
Published: Sunday, July 29th, 2012 @ 2:13 am
By: John Locke Foundation
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