State Treasurer Pulls $30 Billion In Investments From Wells Fargo“Wells Fargo is a big financial player in Illinois, and I hope to send the message that their unscrupulous practices are not welcome and will not be tolerated,” Illinois State Treasurer Michael Frerichs said.
Leaders Tout Measure To Secure Life Insurance PaymentsIllinois State Treasurer Mike Frerichs and state legislators from both parties Tuesday asked Gov. Bruce Rauner to act quickly to sign legislation that would require insurance companies to notify beneficiaries of available death benefits.
Frerichs, College Students Ask Rauner To Restore College AidDemocratic Illinois State Treasurer Michael Frerichs and others have urged Republican Gov. Bruce Rauner to restore state scholarship money for needy college students.
Treasurer, Credit Unions Offer Loans To State Workers Amid Budget StandoffFacing the possibility of not receiving any paychecks amid the ongoing state budget stalemate, Illinois state workers were getting a glimmer of hope, in the form of loans from employee credit unions.
Former Illinois Treasurer Employees Sue Over FiringsThree former state employees allege in a lawsuit filed Wednesday that then-Treasurer Dan Rutherford fired them in 2014 in retaliation after they offered damaging evidence in a sexual harassment investigation conducted by a law firm into the Illinois Republican.
State Government Shutdown Looms As Budget Deadline NearsState workers might have to go without paychecks if lawmakers and the governor don’t reach an agreement on the budget in the next couple days. If a budget isn’t approved by the start of the next fiscal year on July 1, the state won’t be able to pay bills, including writing checks to employees.
Marijuana Cash Is Problem For Illinois Tax CollectionThe state of Illinois is having trouble finding a bank or financial company to process the large amounts of cash it anticipates receiving for taxes and fees from its new medical marijuana industry.
Fired Rutherford Employees Seek Back Pay, Threaten LawsuitThree ex-state employees who claim former Treasurer Dan Rutherford fired them 10 months ago in retaliation for providing damaging evidence in a sexual harassment investigation are threatening legal action unless the state gives them back pay and scrubs personnel records of the misconduct charges used to show them the door.
Remembering Judy Baar Topinka: "Judy Had No Rival"The people who knew the late Judy Baar Topinka best were gathering Wednesday to share stories and celebrate her life, a week after the longtime Illinois politician died of complications from a stroke.
Illinois State Comptroller Judy Baar Topinka Dies At 70Illinois State Comptroller Judy Baar Topinka, a brash pioneer for women in Illinois politics, died early Wednesday, less than a day after suffering a stroke
Cross Concedes Treasurer's Race To FrerichsCross released a statement Wednesday saying he called and congratulated Frerichs, a state senator from Champaign.
With Treasurer's Race Tightening, Cross Campaign Claims Possible Vote FraudA week after Election Day, the race for Illinois State Treasurer is growing extremely tight, with the two leading candidates separated by just a few hundred votes. Now, charges of vote fraud have started to fly.