South Carolina State Treasurer
SC State Treasurer --The state treasurer serves as the chief custodian of the state's treasury and is the state's head banker. The treasurer receives and deposits state monies, manages investments, and keeps track of budget surpluses and deficits. The position has powers and responsibilities like those of the United States Secretary of the Treasury and the Treasurer of the United States, or the chief financial officer of a corporation. This is a four-year elected term.NOTE:This candidate’s responses were not available before our publication deadline. Voters are welcome to encourage the candidate to share their views. Updated responses will be posted as they are received.
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Vincent Coe
(Dem)
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Curtis Loftis
(Rep)
Why are you running for state Treasurer?
Given that technology changes so rapidly, how will you keep SC ahead of the curve in managing finances, investments, debts, and other treasury activities?
How will you address protecting citizens and businesses in SC from financial fraud?
To Move South Carolina Forward and restore accountability and transparency to the State Treasurer’s Office.
Over $850 Million unclaimed money sits in our state coffers. That money belongs to the citizens. When elected, I will modernize existing processes and controls to return that money to the rightful owners, to include using responsible banking practices that moves SC further in managing taxpayer money and treasury activities.
As a former Bank Examiner, I have been trained to verify and sworn to protect. I will ensure that the treasury’s internal controls are responsive to the growing incidence of financial fraud leveled against vulnerable adults and businesses in SC. I will make sure that the State Treasurer’s Office is engaged with all communities and advocate a “trust but verify” approach to prevent financial fraud and increase accessibility to financial literacy and awareness training opportunities.
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