State Government Press Releases

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05/24/2018
Two years of obstruction and tactical maneuvering weren't enough to keep a large coalition of shareholders, led by Rhode Island General Treasurer Seth Magaziner, from taking Navient Corp., the nation's largest student loan servicer, to task over its role in the growing national student debt crisis...
05/23/2018
Rhode Island's pension fund continued to deliver strong performance in April, earning $55.4 million. The fund's 0.67 percent return outperformed its own benchmark of 0.35 percent, as well as a traditional 60% stock/40% bonds strategy which would have returned 0.28 percent. As of April 30, 2018,
05/18/2018
PROVIDENCE, R.I. -- In the week Treasurer Magaziner's announced 8,000 Rhode Islanders will be automatically reunited with their missing money this week, more than 1,700 additional claims have submitted through the Treasurer's website findRImoney.com. On Monday, Treasurer Magaziner announced...
05/17/2018
Continuing his commitment to provide additional transparency on Rhode Island's public finances, Treasurer Seth Magaziner today announced the launch of a new, dedicated information platform for bond investors at RhodeIslandBonds.com. "Bonds are essential to finance projects that improve schools,...
05/15/2018
General Treasurer Seth Magaziner yesterday paid a surprise visit to the North Providence High School classroom of Anthony Avicolli, naming him Rhode Island's Financial Literacy Educator of the Year. "I am grateful that Rhode Island has dedicated teachers like Mr. Avicolli, for whom teaching is...
05/14/2018
Rhode Island Treasurer Seth Magaziner today announced that checks will be mailed to more than 8,000 Rhode Islanders this week under the his new YOUR MONEY program, which automatically reunites Rhode Islanders with their unclaimed property. "For hard-working Rhode Island families, a little extra...
05/07/2018
Rhode Island Treasurer Seth Magaziner today recognized fifty-six high school juniors from across the Ocean State with the Young Leader Award. The award is presented to high school juniors in the state of Rhode Island who have demonstrated outstanding achievement in math, economics, finance and...
05/04/2018
Treasurer Magaziner today, in his role as Chair of the Advisory Council for Locally Administered Pension Plans, released a report which details key information on the status and trends of each of the 34 locally-administered pension plans in Rhode Island. For the first time, this year's report...
05/02/2018
Rhode Island General Treasurer Seth Magaziner is leading investors in demanding answers from the nation's largest student loan servicer about its role in the growing national student debt crisis after Navient unsuccessfully attempted to blocked shareholders from voting on his proposal by appealing...
04/25/2018
Rhode Island Treasurer Seth Magaziner was one of 23 investors that have secured a commitment from banking giant Wells Fargo to publish a business standards report on the root causes of past and present fraudulent activities, along with plans to address the systemic failures which allowed unethical...