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Mike Frerichs. Michael W. Frerichs ( / ˈfrɛrɪks /; born July 28, 1973) is an American politician serving his third term as the State Treasurer of Illinois, after taking office on January 12, 2015. Before being elected treasurer, he was a Democratic member of the Illinois Senate, representing the 52nd District from 2007 until 2015.
The Treasurer is responsible, pursuant to Article V, Section 18 of the state constitution, for the safekeeping and investment of the monies and securities deposited in the public funds of Illinois. As such, the Treasurer is not the chief financial officer of Illinois. That post is reserved for a separate elected official, the Comptroller. [2]
In Illinois, the role of state treasurer is that of chief investment officer. Treasurer Michael Frerichs has held that position for two full terms, winning by less than 10,000 votes in 2014 before ...
Abraham Lincoln Presidential Library and Museum. Attorney Registration & Disciplinary Commission of the Supreme Court of Illinois. Illinois Arts Council. Illinois State Board of Elections. Illinois Board of Higher Education. Illinois Budgeting for Results Commission. Illinois Bureau of Criminal Investigations. Capital Development Board.
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The state treasurer serves as the chief custodian of each state's treasury and as the state's head banker. Typically, they receive and deposit state monies, manages investments, and keeps track of budget surpluses and deficits. The position has powers and responsibilities similar to those of the United States Secretary of the Treasury and the ...
Education. University of Chicago. Boston University ( BA) Tulane University ( JD) Alexander Giannoulias ( / əˈlɛksi dʒəˈnuːliəs / jə-NOO-lee-əs; born March 16, 1976) is an American financier and politician who is the Secretary of State of Illinois. He previously served as the 72nd Illinois Treasurer from 2007 to 2011.
The Government of Illinois, under Illinois ' Constitution, has three branches of government: Executive, Legislative, and Judicial. The State's executive branch is split into several statewide elected offices, with the Governor as chief executive and head of state, and has numerous departments, agencies, boards and commissions.