Episode Details

Nevadas State Treasurer Race: A Showdown of Finance Expertise

In the upcoming Nevada State Treasurer election, two Republicans and three Democrats are vying for the position. The treasurers role involves managing state funds, college savings plans, unclaimed property, and ensuring timely bill payments.

Jeff Carter, a 64-year-old Las Vegas investor with a business degree and 40 years of finance experience, emphasizes modernization, professionalism, and tech upgrades for long-term gains. Drew Johnson, a 46-year-old Vegas-based candidate, brings policy expertise from think tanks and past campaigns, focusing on unclaimed property reforms, the Millennium Scholarship, and practical money management.

Both candidates stress the importance of keeping politics out of investments, prioritizing risk, return, and taxpayer protection. In a recession, they would focus on liquidity, clear reporting, portfolio checks, and avoiding rainy day fund raids.

This election will determine how Nevada manages its $12 billion portfolio, with early voting starting May 23rd and the general election on November 8th. The race promises fresh perspectives in a crucial financial role.

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