Pennsylvania voters will head to the polls on November 5 to choose who they want to be their state treasurer for the next four years. The state treasurer manages the state’s finances and plays a key role in overseeing the state’s dollars. Incumbent Republican Treasurer Stacy Garrity is seeking a second term and has highlighted achievements such as reducing rates and eliminating minimum deposit requirements for the PA 529 college savings program.
She will face Democrat Erin McClelland, a former substance abuse counselor and project manager who won an unexpected victory in the primaries. McClelland has focused on fighting pension privatization and pushing for labor and environmental standards in the supply chain. Several third-party candidates are also running for the position.
Garrity’s campaign has emphasized transparency, efficient financial management, and record returns of unclaimed property. McClelland, on the other hand, has criticized Garrity’s support for legislation that would create a state retirement savings plan and has advocated for stronger oversight of state contracts.
Other candidates include Chris Foster of the Forward Party, who aims to break free from partisan ideological rigidness, and Libertarian candidate Nick Ciesielski, who prioritizes privatizing public services, expanding the state’s energy industry, and reducing inflation by investing in alternative assets like gold and bitcoin.
The state treasurer oversees various financial programs, including college savings and unclaimed property, and plays a vital role in managing Pennsylvania’s financial resources. The upcoming election will decide who will lead the state’s financial management for the next four years.
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