Wyoming Republican officials say the three finalists for state treasurer were selected because of their approaches to managing the state's $15 billion investment fund. Members of Wyoming's Republican Party Central Committee considered the 10 candidates on Monday in Riverton. They picked Bruce Brown, an accountant; Mark Gordon, a former board member of the Federal Reserve Bank of Kansas City and Clark Stith, a Fulbright scholar, to advance to interviews with Gov. Matt Mead. Stith thinks he can reduce the fund's investment management fees. Gordon said he would revisit keeping 60% of the fund in fixed assets if the market forecast weakens. Brown said it would be a mistake to tap into the state's rainy day fund. Mead is to meet with the three finalists Wednesday.
No comments:
Post a Comment