The questions were prepared by the League of Women Voters of the Cincinnati Area or League of Women Voters of Ohio and asked of all candidates for this office.
Read the answers from all candidates (who have responded).
Questions & Answers
1. What additional safeguards will you put in place to protect public investments? What are your investment strategies that would safely maximize the rate of return? (150 word limit)
As a way to enhance safeguards designed to protect Ohio's investments, I would advocate for stricter investment standards for custodial funds and Ohio's investments under active management by the State Treasurer. Additionally, it is essential the treasurer appoint well qualified and independent representatives to oversee portfolio management of our state's five retirement trusts including PERS, STRS, SERS, OP&F, and HPRS, as well as the Bureau of Workers Compensation (BWC). With proper oversight, the public investment maxim of Safety, Liquidity and Return will not be compromised. Moreover, Ohio's banking and brokerage business should be earned by competitive pricing that will reward taxpayers with the best returns. We need to expand the universe of qualified primary dealers and brokers that will compete for Ohio's investment business based on price, and not on political contributions. As Treasurer, it is my job to insure that excessive commissions are not diminishing taxpayer returns.
Responses to questions asked of each candidate are reproduced as submitted to the League.
Read the answers from all candidates (who have responded).
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