State Government Press Releases

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02/07/2019
Rhode Island General Treasurer Seth Magaziner has been appointed chair of the Pension & Trust Investment Committee of the National Association of State Treasurers (NAST), a bipartisan association comprised of state treasurers and state finance officials. "NAST provides valuable resources to...
02/06/2019
Rhode Island General Treasurer Seth Magaziner has filed a motion calling for a system to protect low and moderate-income households from unaffordable sewer rates that are scheduled to increase 34 percent in the coming years as the Narragansett Bay Commission embarks on more than $700 million in...
02/01/2019
Rhode Island Treasurer Seth Magaziner is, today, hosting his second annual "Job Shadowing" day for high school students from cities and towns across Rhode Island. "As a former teacher, I know that educators are always looking for new, innovative ways for students to learn. For high school...
01/29/2019
The U.S. District Court, Northern District of California has approved Rhode Island Treasurer Seth Magaziner's motion that Employees' Retirement System of Rhode Island be named lead plaintiff in a shareholder class action lawsuit against Alphabet Inc., the parent company of Google. "Investors...
01/25/2019
The Rhode Island pension fund finished well ahead of U.S. and global stock markets in December due to the defensively positioned investments in the fund's portfolio. In a month where U.S. stocks fell more than nine percent, the pension fund posted a -2.88 percent return, outperforming the...
01/10/2019
General Treasurer Seth Magaziner has joined with Senator Sandra Cano (D-Dist. 8, Pawtucket) and Representative Joseph McNamara (D-Dist. 19, Warwick, Cranston) to introduce legislation that will expand the teaching of personal finance in Rhode Island's public high schools. Magaziner, Cano and...
12/20/2018
Treasurer Magaziner today released a white paper which calls for an increase in the level of high-quality personal finance instruction in Rhode Island public schools. "As soon as young adults turn eighteen, they are faced with financial decisions that can either help them achieve their...
12/11/2018
Rhode Island General Treasurer Seth Magaziner today announced that Employees' Retirement System of Rhode Island filed a motion with the court to lead a shareholder class action lawsuit against Alphabet Inc., parent company of Google, after it was revealed that Google executives had hidden privacy...
11/16/2018
Treasurer Seth Magaziner today announced that Kate Brock will serve as Chief of Staff in the Office of the General Treasurer effective January 1, 2019. "For the past three years, Kate Brock has been an exemplary member of Team Treasury," said Treasurer Magaziner. "As Deputy Director of...
10/30/2018
Rhode Island Treasurer Seth Magaziner joined members of Rhode Island's business and veteran communities to announce a new incentive to support small business loans to veteran-owned businesses through the state's BankLOCAL program. "Small businesses are the backbone of Rhode Island's economy,...