State Government Press Releases

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04/20/2017
Continuing his commitment to strengthen Rhode Island's public finances, Rhode Island General Treasurer Seth Magaziner today released the most exhaustive Debt Affordability Study in the state's history, setting new debt affordability targets for the first time since 1999. "It is imperative...
04/18/2017
Each April, Rhode Island Treasury plans and promotes a month-long program of activities and educational opportunities to help financially empower Rhode Island, including workshops on saving for college and how to find out if the state is holding your unclaimed property. "Our financial system is...
03/29/2017
PROVIDENCE, R.I. Continuing his commitment to bring a steady hand to public finances throughout the state, Rhode Island General Treasurer Seth Magaziner today announced the "Healthy Local Pensions (HELP)" proposal, which will help cities and towns with locally administered pension systems...
03/22/2017
PROVIDENCE, R.I. Rhode Island's pension fund earned $128 million in investment gains in February 2017 bringing its 12-month investment earnings over the $1 billion mark, General Treasurer Seth Magaziner announced at today's meeting of the State Investment Commission. "Delivering long-term...
03/15/2017
General Treasurer Seth Magaziner today will join Neil Steinberg, President of the Rhode Island Foundation and Ellen Ford, President of People's Credit Union, at a hearing convened by Representative Deborah Ruggerio (D Dist. 74 Jamestown/Middletown), Chairwoman, House Committee on Small Business.
03/07/2017
General Treasurer Seth Magaziner and House Majority Leader K. Joseph Shekarchi (D-Warwick) are seeking to expand Rhode Island's Crime Victim Compensation Program (CVCP) to include support for minors who witness homicides or domestic violence. "In our state, it is estimated that children are...
03/02/2017
General Treasurer Seth Magaziner today released Rhode Island Treasury's 2016 Annual Report, which contains highlights from the past year, including more than $500 million in investment gains, the Treasurer's new 'Back to Basics' investment strategy, turnaround of the state's CollegeBound program,...
02/22/2017
Rhode Island's pension fund earned $117 million in investment gains in January 2017, General Treasurer Seth Magaziner announced at today's meeting of the State Investment Commission. "As we implement our 'Back to Basics' investment strategy, the pension fund is delivering for Rhode Islanders,"...
02/16/2017
Rhode Island General Treasurer Seth Magaziner today hosted representatives from Rhode Island's small business community, local banks, and credit unions to announce "Bank Local" a community deposit program, moving millions of dollars in state deposits to local banks and credit unions to encourage...
02/06/2017
Rhode Island General Treasurer Seth Magaziner today will meet with Timothy J. Sloan, CEO of Wells Fargo to demand answers following revelations that thousands of Wells Fargo employees illegally opened accounts for bank customers without their permission, charging additional fees to customers and...