Thursday, 11 September 2014

Lillard to be president of state treasurers group


Tennessee State Treasurer David H. Lillard Jr. has been elected president of the National Association of State Treasurers.


The association provides advocacy and support for state treasurers and treasury staff throughout the United States and its territories.


Lillard was elected on Monday at the group's annual conference. When he takes over on Jan. 1, it will be the first time a Tennessean has served as the association's president.


Lillard has said one of his top priorities is preserving the tax-exempt status of municipal bonds. These bonds help pay for schools, libraries, parks and other essential public infrastructure.


In a statement, Lillard said that "increasing the financing costs on those projects does not serve the public good."


Lillard's other priorities include promoting financial literacy education and retirement readiness.



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